About the role

Aplyr's Quick Take

This role is about managing and improving valuation processes within Deutsche Bank's trading portfolios, focusing on AI and automation. You'll be working on independent price verification and collaborating with various teams to implement innovative solutions. It's primarily an individual contributor position with a technical emphasis.

Good fit

Ideal candidates will have a background in finance or risk management, along with experience in AI or machine learning. A collaborative working style and a knack for problem-solving will help you thrive here.

Worth noting

The role is internal only, which may limit the applicant pool. Additionally, the focus on AI tools for workflow automation suggests a forward-thinking approach, but the specifics of day-to-day tasks are somewhat vague.

Job Description:

In Scope of Position based Promotions (INTERNAL only)

Job Title: AI & PTV Valuation Control Specialist

Corporate Title: AVP

Location: Mumbai, India

Role Description

Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that manages a wide range of relevant risk and implementation topics to ensure integrity and control over all aspects of the valuation of the Bank's trading portfolios.

This includes:

Performance of monthly and intra-month Independent Price Verification (IPV), Reserves and Prudential Capital
Oversight and development of valuation, reserve and Prudential Capital methodologies
Analysis and management of key valuation uncertainty issues through DB's senior management
Review of bespoke derivative and structured financing trades
Valuations works closely with its Risk Management partners, Finance, and Trading globally and employs a team extension model in Mumbai.

The AI role is responsible for driving innovation, technical excellence, and strategic direction in artificial intelligence and machine learning initiatives.The role will focus on working on department projects in Valuation Control space & drive the progression of innovative ideas into an MVP product Focus will be more on automating workflows using inhouse AI tools. The individual will also be working on daily & monthly controls in Model Risk Control & Product Tagging Validation team.

Product Tagging Validation team is responsible for independent validation of appropriateness of Product names assigned to trades, requires validation of the features as described within the Product to the trade booking and tag discrepancies discussed with Trading for resolution

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 collaboratively with Valuation managers, Strats, and end-users to deliver working solutions using DB inhouse AI tools in an Agile and Iterative manner.
Ensure successful development, launch, and adoption of automation solutions tailored to Valuation processes
Design and implement solutions using advanced analytics, machine learning / AI that fulfil Deutsche Bank's innovation strategy
Analysing products and trade booking to determine the logic required to automatically determine the product type and features.
Working with Trading and Strats to remediate product tagging and definition issues to improve the Model Risk Control environment.

People Management
The behaviours provided below should be adopted by all Deutsche Bank employees in relation to their development and management of others.

Actively supports the business strategy, plans and values, contributing to the achievement of a high performance culture
Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
Acts as a role model for other employees, providing help and support and sharing knowledge

Your skills and experience

Excellent knowledge of AI / ML (Machine Learning) models and technological know-how with a sound foundation in the technologies that developers use to build AI products
Knowledge of Generative AI algorithms and experience of working with LLMs, Agentic AI.
Experience with LLM related frameworks such as Langchain, AutoGen. Proficient in building evaluation metrics.
Experience automating process/workflows using Python / C++ or other programming language
Candidate should have good understanding on vanilla & exotic derivative products
Understanding of pricing and valuation of derivative products
Previous experience working with valuations of products, exposure to derivative Models
Programming experience in Python is mandatory.

Education/ Qualifications/Character

Relevant Degree holder
Fast learner, curious and self motivated
Interest in problem solving and collaborating with others to find solutions
A consistent performer, control focused, deadline orientated, team player with high attention to detail

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.

Skills & Tags

Aplyr's read

Deutsche Bank is a major player in global finance, employing a diverse workforce to navigate complex financial landscapes and drive innovative solutions.
Synthesized from recent postings & public sources

What's promising

•Strong global presence with operations in over 70 countries.
•Recent focus on digital transformation and sustainable finance initiatives.
•Diverse career opportunities across various financial disciplines and markets.

What to watch

•Past legal and regulatory challenges have impacted reputation.
•Ongoing restructuring efforts may lead to job uncertainty.
•Competitive industry with pressure on profit margins and innovation.

Why Deutsche Bank

•Deep-rooted history in European banking since 1870.
•Significant influence in global investment banking and asset management.
•Commitment to integrating advanced technologies like AI in banking solutions.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Deutsche Bank

Deutsche Bank

db.com

View company

Deutsche Bank is a global investment bank and financial services company that provides a wide range of financial products and services to individuals, corporations, and governments.