AVP - Valuation Control - Investment Bank

JOB DESCRIPTION:

Valuations:

- This role is required to carry out Independent Price Verification (IPV) and Structured Trade Reviews (STRs) and for the Product Control function in the Pune Centre of Excellence. These roles will involve the following responsibilities:

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

- Maintenance of a robust control environment.

IPV - 

- Testing the FO marks for all the positions across trading books and clusters for accuracy and reporting the differences and impacts on cluster basis using spread-sheets.

- Testing FO marks for volatility and borrow cost against PC marks for specific clusters.

- Products tested would include all fungible products, convertible bonds, swaps, forwards etc.

- Ensure parameters and prices are correctly identified and used in determining impacts and reported within strict deadlines.

- Mid-month investigation of issues faced, finding solutions for the same and ways to streamline the process.

+ Domain: Equities, Rates/FX, and Credit

- MBA's & CA's would be preferred