Position Overview
Role Responsibilities

The candidate will be responsible for running the IPV (Independent Price Verification) processes for vanilla & derivative products (price/risk based testing & full revaluation).

• Perform the IPV (Independent Price Verification) processes on vanilla & exotic products like Bonds, IR Swaps, Swaption, Inflation Swaps, Inflation Options, CDS, FX Options, etc. Analyze and explain the outputs, identify drivers for variance, and publish the results to a broader audience.
• Discuss price testing results, fair value, general modeling issues / uncertainties with front office and reporting on suitability for specific products / markets
• Prepare MIS pack presentation and report the same to senior GVG Management, Front Office, Risk Management, and Finance.
• Take ownership of the process and models, thoroughly understand the underlying financial and mathematical concepts, and make change / improvements, in consultation with other stakeholders, if situation warrants.
• Increase the process efficiency by automating manual steps in the processes. Co-ordinate with CTB to increase efficiency.
• Develop strong relationships with product control, risk management and quantitative departments on valuation and modeling issues.
• Ensure completion/adherence of activity as per standard procedure/key operating procedure.
• Ensure quality/quantity of processing is maintained as per the SLA.
• Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business.

Exposure/Skills

• Knowledge of the workings of OTC derivative products (Rates, Credit, Equity, FX, Commodities) and markets.
• Knowledge of pricing models.
• Experience with Bloomberg and Reuters in key markets data sets & using pricing functions.
• Strong experience with MS Excel financial functions and experience in writing macros.
• Experienced in VBA or an object oriented language like C, C++ etc is a plus

Education / Certification/ Skills

• Graduates (Maths/Stats/Econometrics) / Engineers / CA with MBA/CFA/FRM and good academic records.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click to find out more about diversity and inclusion at Deutsche Bank.

Position Overview
Role Responsibilities

The candidate will be responsible for running the IPV (Independent Price Verification) processes for vanilla & derivative products (price/risk based testing & full revaluation).

* Perform the IPV (Independe

Experience: 0.00-50.00 Years