Assistant Manager/Manager - Independent Price Verification - Investment Bank

Role & Responsibilities :

- Price testing of Various products includes but not limited to Volswap, Varswap, Dividend Swap, Dividend Futures, Vol testing, Cash, Equity Swaps, Convertible Bonds, ASCOT

- Reconciliation of risk with risk reports and ledger/PV reconciliation with front office reports and ledger for population completeness

- Devise ways to ensure completeness in IPV testing

- Help onshore team with adhoc requests/analysis.

- Maintain projects (outside IT framework) developed by Projects team for Global Valuations.

Help in development of new project initiatives by Powai Valuations Head.

Mandatory /Desired :

- Domain Demonstrates basic understanding (Features & payoff) of Financial products like Forward, futures & options, different types of swaps, bonds and various types of exotic options.

- Demonstrates basic understanding of underlying risk aspects e.g. Option Greeks and various valuation methodologies such as option valuation.

- Strong communication skills and attention to details Strong analytical skills

- Knowledge of Database e.g.: SQL, MS Access

- Technical Strong Excel/VBA programming skills