# Market & Valuation Risk Management – Commodities

**Company**: Deutsche Bank
**Location**: New York, New York
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Salary**: $125,000 to $198,000
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/New-York-1-Columbus-Circle/Market---Valuation-Risk-Management---Commodities---Vice-President_R0455026-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_56958efa-ef6

## Description

As a Valuation Risk Manager covering Commodities, you will ensure effective risk management focused on Independent Price Verification (IPV) across commodities products and derivatives for the Americas region.

The Commodities area includes a variety of sub-businesses such as Oil, Power and Gas & Emissions.

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 Profit & Loss, leveling and control framework.

This role demands a strong understanding of financial instruments, valuation methodologies, market data, and a proven ability to drive strategic initiatives and foster a robust control environment.

**Responsibilities**

- Oversight of monthly and intra-month Independent Price Verification (IPV) across the Commodities business with a key focus on commodities derivatives namely options, futures, swaps and basis products

- Partner regularly with Business (Front Office Trading) and Strats on the most significant items including emerging valuation risks, support new business growth and initiatives and challenge where necessary

- Engage with Senior Management around significant matters as well with key stakeholders including Front Office heads, Risk managers, Finance and IT

- Key contact for internal and external auditors and regulators on IPV matters for business area. In addition, lead with global teams delivering on overall valuation agenda and controls

- Be innovative around optimization efforts within Rates business with focus on methodologies, innovation and robust automated controls with a focus on integrating AI

**Requirements**

- 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

- Extensive experience in a markets or investment banking environment in a valuation, risk management, front office (i.e. trading/structuring) or product control capacity

- Deep understanding of financial instruments and markets; expert knowledge across a broad range of Fixed Income, most notably commodities products and derivatives including futures, swaps and options across Energy markets (i.e. Oil, Power and Gas, and Emissions)

- Knowledge of X-VA modelling for uncollateralized derivatives is a plus

- Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

**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

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## Skills

### Required
- financial instruments
- valuation methodologies
- market data
- AI tools
- X-VA modelling

### Nice to have
- CFA
- FRM
- project management

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Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/New-York-1-Columbus-Circle/Market---Valuation-Risk-Management---Commodities---Vice-President_R0455026-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)
