Structured Product (ABS/MBS/CMBS) Valuation Specialist recruitment

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Role Description

DB Asset Management Global Valuation Oversight

This newly-formed group within the Finance Division oversees the valuation activities of all DB Asset Management’s business channels.  The mandate is summarized as follows:

•   Oversee global adequacy of pricing controls and consistency of processes and documentation, e.g. in cases where affected assets are held in multiple regions or across business channels

•   Oversee and monitor the portfolio of Approved Alternative Pricing Methods

•   Oversee and monitor exceptions in the regular pricing processes

•   Vet Alternative Pricing Methods and present to Pricing Committees for approval

•   Oversee the validity of valuations received from Pricing Vendors Experts

•   Facilitate regional solutions to pricing control, process and documentation where local requirements dictate

•   Oversee valuation-related financial disclosures

•   Escalate important Valuation issues discussed at regional and business-specific Pricing Committees to the Global Valuation Committee and/or the regional Operating Committees as necessary

Structured Product (ABS/MBS/CMBS) Valuation Specialist

 Qualifications:

•   Knowledgeable of Structured Products Markets and valuation methodologies across  various asset classes (ABS/MBS/CMBS/CDO/CLO)

•   Experience generating fundamental valuations and relative value analyses on these asset types, preferably through the recent Credit Crisis

•   Able derive independent inputs (i.e., from transaction levels, research) for these asset types

•   Solid technical background and proficiency using industry-standard tools (i.e., INTEX)

•   Strong interaction communication skills

Job Description:

•   Perform valuation and advisory services to DB Portfolio Managers in connection with Structured Products

•   Develop and implement monitoring oversight processes to assess reliability/quality of pricing provided by external pricing vendors

•   Evaluate ad hoc Fair Value proposals necessary due to gap in vendor coverage or reliability concerns

•   Monitor for changes in capital markets and market conditions that may cause material impact to specific holdings of the Asset Management Division

•   Participate in quarterly Valuation Committees overseeing valuations of Structured Products

At Deutsche Bank, we are proud to be an Equal Opportunity/ Affirmative Action (M/F/D/V) employer.

For more information and to apply, please visit our website at db.com/careers