Posted By
Posted in
Banking & Finance
Job Code
1590294
Head Valuations
Job Description:
- Define the people strategy for the VRP Mumbai team, including management, recruiting, retention, and implementation of measures to operate within relevant scorecard metrics.
- Oversee the development and enhancement of Independent Price Verification (IPV), Fair Value Adjustments (FVA), and Prudential Valuation Adjustments (Pruval) methodologies and frameworks for all asset classes.
- Provide technical support to the asset-aligned VR teams, including validation of Front Office developed methodologies.
- Ensure adherence to and support the maintenance of key governance documentation such as policies and frameworks.
- Attend and contribute to key internal governance forums, including the Valuation Control Oversight Committee (VCOC), and external regulatory forums.
- Work with Front Office Strats functions and vendors to support the development and maintenance of valuation-related functionality (e.g., IPV, FVA, Pruval methodologies being productionized).
- Represent the Unit towards internal and external stakeholders, maintaining and fostering key relationships.
Leadership Responsibilities:
- Set clear direction for the team in line with overall business strategy, balancing global and regional priorities.
- Manage performance by considering delivery, behavior, and conduct, setting clear role expectations and priorities, promoting individual accountability, and removing impediments to success.
- Ensure team members have regular performance and career development discussions, giving and listening to feedback.
- Build capability for the future by prioritizing succession planning, continuous development, and mobility of high potentials within the team.
You Will Have:
- Extensive experience working in a Finance or Risk Control function, preferably in an Investment Bank or a reputable financial services consultancy firm.
- Excellent technical understanding of complex structured products and the different models used for valuation.
- Understanding of complexities associated with market data and lack of liquidity, such as reliance on proxies.
- Excellent people management skills, including the ability to lead, train, and develop talent, as well as the ability to communicate, present, and influence senior stakeholders.
- Experience managing technical teams, exhibiting global leadership and influence.
- Effective communication skills, with the ability to translate complex quantitative problems into simple terms for a less quantitative audience.
- Ability to generate innovative ideas and challenge the status quo.
- Preferably a strong track record of delivering large, complex change projects/programmes in an Investment Banking environment.
- Proven experience in problem-solving, business and data analysis, and working to tight deadlines while achieving high-quality outputs.
You Will Be:
- Self-motivated, proactive, and an enthusiastic team player with strong organizational skills.
- Experienced in producing detailed analysis to demanding deadlines and clearly communicating the results to senior management and auditors/regulators.
- A leader of change, with the ability to see the big picture, challenge the status quo, and generate innovative ideas.
- Able to recruit top talent, train and motivate your staff, and build a self-sufficient and relevant team that can contribute effectively to the global valuations landscape.
- Consistent with the firm's Values and Beliefs in your approach.
How we'll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
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Posted By
Posted in
Banking & Finance
Job Code
1590294