Group Strategic Analytics – Quantitative Strategist – Valuation Control, AS

Job Title: Group Strategic Analytics – Quantitative Strategist – Valuation Control, AS

Location: Mumbai, India

Corporate Title: AS

Role Description

• Valuation Control (VC) Strats team, part of Group Strategic Analytics (GSA), plays a key role in supporting the bank’s Valuation Control (VC) function which is responsible for the independent valuation of the bank’s fair value balance sheet. This collaboration ensures correct fair value reporting and appropriate reserving and regulatory capital calculation for the bank’s financial instruments.

• The candidate is required to work in collaboration with Valuation managers, FO Quant across globe and drive enhancement in valuation processes and methodologies on various internal and regulatory driven projects. Candidate is required to have a deep understanding of Independent Pricing Verification, Reserves & Prudent valuation process.

• Candidate should be able to understand the business problem, gather information required for the implementation and provide an end-to-end optimized solution on a scalable platform. Implementation of the project needs to be done in Python programming language so coding knowledge is must. Candidate should possess a very good English communication skill to coordinate and communicate his work effectively with various stakeholders spread across globe.

• Candidate will also facilitate and foster stakeholder relationships globally and within the local region and will also be responsible for development, Support and motivation of the team.

Group Strategic Analytics: Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

Our People

Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures. They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy

• Gender neutral parental leaves

• 100% reimbursement under childcare assistance benefit (gender neutral)

• Sponsorship for Industry relevant certifications and education

• Employee Assistance Program for you and your family members

• Comprehensive Hospitalization Insurance for you and your dependents

• Accident and Term life Insurance

• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Work on automation and optimization of valuation control process 

• Build quantitative solution and methodology around reserves, prudent valuation.

• Develop, Implement, enhance and maintain existing framework to measure valuation risk across the bank

• Understand and decipher business problem to convert into manageable smaller problem statements

• Coordinate and gather information from various stakeholders for deeper understanding of the business

• Design automated solutions which are optimized and scalable

• Develop libraries in Python to provide solutions to the business

• Remediation of regulatory as well as external and internal findings against the valuation control business

Your skills and experience

• A strong, relevant background and 6+ years of comparable experience for AVP and 3+ years for Associate.

• Strong analytical skills demonstrated by a background in MFE/MBA in Finance / Engineering / Mathematics / Quantitative Statistics background from top colleges

• Industry experience in programming in Python and programming concepts ( Class, Pointers, Data structure – stacks, queue)

• Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities.

• Experience in valuation models and pricing techniques

• Market risk, Middle office, Valuations background with relevant subject matter expertise in one of the three disciplines

• Excellent communication skills and attention to detail

• Strong analytical, problem solving instincts and critical thinking skills with ability to cope well under pressure and tight timelines

• A track record of working in Projects and supporting Production environment simultaneously

• Certification such as FRM or CFA or CQF is preferred

How we’ll support you

• Training and development to help you excel in your career

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.