AVP - Product Control - Valuation

We have an urgent opportunity with our client in Pune.

To carry out Structured Trade Reviews (STRs) and Independent Price Verification for the Product Control function. These roles will involve the following responsibilities:

- Performance and review of Structured Trade Reviews for complex Equities/Commodities/Rates/FLP structured products

- Analysis of the appropriateness of trade bookings, models used, market data and generation of risk;

- Documentation of booking flows;

- Review and evaluation of valuation adjustments within the context of each trade;

- Liaison with other areas of the bank to ensure the integrity of trade bookings;

- Regular communication and interaction with other areas of Product Control and management

- Regular reporting of STR status, tracking of Errors, etc. to senior management;

- Maintenance of a robust control environment.

- Ensure parameters and prices are correctly identified and used in determining and reporting the fair value of outstanding positions by performing Independent Price Verification.

- Domain: Equities, Rates, FX, FLP, Commodities and Price Testing

Experience

- Prior exposure to valuation control or quantitative analysis within an investment bank or financial services organization will be regarded favorably.

Qualifications

- Good undergraduate degree in a quantitative discipline.

- Masters degree in Mathematical Finance or equivalent (Optional)

Other Requirements

- Strong analytical background with particular emphasis on mathematics and statistics skills

- Understanding of Financial Markets (Basics of Listed and OTC Products operations)

- Understanding of Derivatives (Equities, Fixed Income, commodities)

- Knowledge of exotic products (e.g. Barrier, Cliquet, Compound, Binary, Lookback, Range Accruals, Bermudan Options and Variance Swaps) is preferable

- Basic understanding of Options Greeks and various option pricing methodologies

- Basic knowledge of credit markets and Bonds & CDO pricing

- Basic Understanding of Various option trading strategies

- Accuracy and Attention to Detail

- Proficient with various excel functions

- Preferably working knowledge of VBA and SQL

- Team Management Experience essential

Please feel free to call me on 020-65101882 to have a discussion on the same.

Ankita Chhabda
Recruitment Specialist
Credence HR Services
LL: 020-65101882
LinkedIn: http://in.linkedin.com/in/credencehrservices
Visit us : www.credencehrservices.com