MVRM Valuation Risk Manager - Rates
Job Description:
Job Title MVRM Valuation Risk Manager - Rates
Corporate Title Vice President
Location New York, 1 Columbus Circle
Overview
As a Valuation Risk Manager covering Rates, you will ensure the effective risk management focus on Independent Price Verification (IPV) across interest rate products and derivatives for the Americas region. The Rates area includes a variety of sub-businesses such as Options, Swaps, Exotics, Repo, Treasuries, Inflation, RMBS and Munis.
You'll be an integral part of the Valuation Risk team focusing on all aspects of valuation including IPV, fair value reserving, prudent valuation, methodology review, Day 1 P&L, leveling and control framework.
This includes managing relevant regulatory and internal projects. Also, as the Valuation Team sits within CRO you will be integrated on the Market Risk side and interact daily across the entire organization including Front Office, other Risk areas and Finance.
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
What You'll Do
- Develop, implement and maintain valuation control framework for the US Rates business.
- Oversight of monthly and intra-month Independent Price Verification (IPV) across the Rates business with a key focus on interest rate derivatives namely options and exotics.
- Play a key role within both regional and global valuation organization, by demonstrating a wide range of technical skills while ensuring internal and external governance policies are being effectively applied.
- Daily engagement with Senior Management on valuation topics as well as liaising across the bank with key stakeholders including Front Office, Risk functions, Quants, IT and Global Heads.
- Lead and project manage strategic system migrations within Rates business, test IPV methodologies and implement robust automated controls.
How'll You'll Lead
- High standards of integrity and a commitment to 'doing the right thing' i.e. ability to challenge the Business.
- Mentor junior team members and in future may manage junior staff both on & offshore.
Skills You'll Need
- Math(s), Sciences, Finance, Engineering, Business degree. MS or higher education, an advantage. Post graduate finance related qualification (i.e., CFA or FRM), an advantage.
- 7+ years' experience in a markets or investment banking environment in a valuation, risk management, front office (i.e. trading\structuring) or product control capacity.
- Proficient knowledge of derivative products, most notably interest rate products and options (i.e. Bermudans, Accreters, CMS, digitals, caps, floors, exotics, etc).
Skills That Will Help You Excel
- Strong interpersonal skills, with ability to build internal and external client and stakeholder relationships.
- Team player with positive attitude and work ethic but can work well independently.
- Project Management skills; keeping updated plans and tracking along critical path.
- Ability to troubleshoot and communicate complex topics and issues to Senior management in an effective manner.
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $125,000 to $183,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Want more jobs like this?
Get jobs in New York, NY delivered to your inbox every week.

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life
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.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to viewDeutsche Bank's Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Reimbursement Account
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
Office Life and Perks
- Commuter Benefits Program
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- Stock Purchase Program
- 401(K) With Company Matching
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Tuition Reimbursement
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
Company Videos
Hear directly from employees about what it is like to work at Deutsche Bank.