At a Glance
- Tasks: Oversee Commodities Energy trading valuation control and governance processes.
- Company: Join Deutsche Bank's Chief Risk Office, a leader in risk management.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Embrace a culture of continuous learning and diversity.
- Why this job: Make an impact in valuation control while developing your skills in a dynamic environment.
- Qualifications: Knowledge of commodities energy products and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
Market & Valuation Risk Management – Valuation Control: Commodities- Energy trading Valuation Risk Manager
Corporate Title: Vice President
The Chief Risk Office has Group‑wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.
Position Overview
You’ll be joining the MVRM – Valuation Control (VC) Team, a centralised function of valuation and risk professionals within the Chief Risk Office (CRO) responsible for the independent valuation of fair value/trading positions for Deutsche Bank.
VC acts as internal advisor on valuation issues and operates as a centre of excellence for valuation, reserving, day 1 recognition and prudent valuation.
Your role will be to oversee the operation of Commodities Energy trading Valuation control and governance processes.
You will also be involved in the setting up of the new business, Independent Price Verification and Prudent Valuation process performed by the global team.
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.
You can expect
- Hybrid Working – we understand that employee expectations and preferences are changing.
We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- 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 plus 2 days’ volunteering leave per year.
- Your Key Responsibilities
- Reviewing daily and monthly Independent Price Verification, Prudential Value, Fair Value Reserves and Levelling results.
- Recommending for approval – New trades, Day1 revenue recognition decisions and running Quarterly Fair Value Levelling and Prudent Valuation processes and reporting.
- Enhancing and developing optimal fair value and prudential valuation methodologies consistent with regulatory technical standards.
- Defining modelling requirements for illiquid products, understanding model pricing limitations, assessing key valuation risks and uncertainties and dealing with them appropriately.
- Developing productive relationships with the business, external stakeholders (Audit, Regulators, Data providers) and internal stakeholders (MRM) to ensure that Valuation Risk processes are appropriate and optimally designed to support the provision of services to our clients.
- Working closely with colleagues across the bank including Front Office wider MVRM teams.
You will face off to senior traders, support the Valuation function in setting up of Energy business and overseeing implementation of all aspects of valuation control including reviewing and approving IPV, reserves, IFRS Levelling, Pru Val etc. engaging with stakeholders across Front Office, Risk and Finance.
- Your Skills And Experience
- Knowledge of valuation aspects of Commodities Energy products.
- Some understanding of accounting and prudent valuation requirements, best practice and market developments.
- Accounting and or Risk Management qualification: ACA, ACCA, CFA, FRM and/or MSc in Finance or an Economics related degree or equivalent experience.
- Commodities product knowledge.
- Strong analytical and quantitative skills.
- Ability to communicate clearly and effectively to team members, peers and senior stakeholders.
- How We’ll Support You
- A culture of continuous learning to aid progression.
- 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 (e. g. screen readers, assistive hearing devices, adapted keyboards).
We welcome applications from all people and promote a positive, fair and inclusive work environment.
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StudySmarter Expert Advice🤫
We think this is how you could land Market & Valuation Risk Management – Valuation Control: Commodities- Energy trading Valuation R[...] in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Market & Valuation Risk Management – Valuation Control: Commodities- Energy trading Valuation R[...] in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Deutsche Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Deutsche Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Deutsche Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
