Job Description:
Job Title
Valuation Manager - Europe Core Rates - Non Linear Rates
Location
London
Corporate Title
Assistant Vice President
In this role you will drive improvements in valuation processes and methodologies while ensuring the accurate marking of the non linear books in Europe Core Rates through the Independent Price Verification (IPV) process and the accurate calculation of reserves, prudential valuation, and levelling.
You will also manage and foster stakeholder relationships across the region including teams in Mumbai. European Core Rates is the main hub for the Core Rates business, trading a wide range of products, from Linear products such as swaps and cash bonds to illiquid bonds and very exotics multi asset non-Linear products. You will also be responsible of the valuation management of the Europe Non Linear business.
What we'll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.
Hybrid Working
We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables employees to reach a working pattern that works for them. Eligible employees have the opportunity to work from the office and remotely from home (subject to the role's eligibility).
You can expect:
- Competitive salary and non-contributory pension
- 30 days' holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year
Your key responsibilities
- Overseeing, reviewing, and critiquing IPV results to ensure accurate marking of books on a monthly and daily basis
- Be responsible for the accurate calculation of reserves, prudential valuation, and levelling
- Overseeing and approving valuation, reserve and Prudential Capital methodologies ensuring consistency in application globally
- Analysing and managing key valuation uncertainty issues through senior management
- Managing and fostering stakeholder relationships across the region including teams in Mumbai
Your skills and experience
- Experience within a valuations group in a large investment bank, preferably within Rates, though not essential
- Educated to (a minimum of) bachelor's degree level or equivalent qualification/relevant work experience, a focus in accounting, mathematical, statistical, engineering or economics would be beneficial
- Excellent organisational and communication skills, both written and verbal, with the ability to interact collaboratively with the trading staff, senior management, and regulators
- Ability to devise creative solutions to issues as they arise while maintaining a strategic perspective
- Experience with Python, though not essential, would be of advantage
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
- We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.
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.