Job Description: The Valuation Control Methodology Group formulates model related fair and prudent valuation adjustment methodologies, gives guidance on price testing methodologies and their implementation, assists on model calibration and model appropriateness across all asset classes [Commodities, Credit, Equities, Convertible Bonds, FX, Fixed Income and XVA]. Responsibilities do not include model development or model validation. The team looks at in-house models developed by Front Office, with a specific focus on model deficiencies. The model related fair and prudent valuation methodologies address these deficiencies, and are based on mathematical principles and regulatory guidelines. These are formally documented for internal and external stakeholder review. This role will be based in Bangalore and will involve working closely with the Model Validation team (QMR), Front Office, the Modelling &amp; Analytics Group, Group Market Risk and Valuation Control. Key Roles &amp; Responsibilities - Manage the Valuation Control-Methodology (VC-M) team in Bangalore. - Design, implement and document model related fair valuation adjustments. - Design, implement and document model related prudent valuation adjustments. - Further enhance the VC-M Calculation Library (written in Haskell). - To work with the individual VC asset groups to determine price testing methodologies. - Manage and train other members of staff. - Ad hoc projects. Qualifications &amp; Skills - Master in Financial Mathematics or a PhD in a quantitative area. - Management experience is desirable. - Experience of structured products is essential, - Experience of modeling FX, Equity, Commodity, IR, Credit or XVA is an asset. - Strong analytical and quantitative skills (Stochastic Calculus, PDE, Monte Carlo simulation). - Strong understanding of financial modeling. - Strong IT and programming skills. Advanced programming skills (Excel VBA, Java, C++, Python or other languages) are essential and experience with a functional programming language (i.e. Haskell) would be an advantage. - Experience of Bloomberg, Reuters and other information systems, would be helpful. - Excellent interpersonal skills, with the ability to communicate at all levels both written and verbally. - Good team worker with the ability to work with a minimum of supervision, to organize and prioritize own work. - Experience of valuation control or model validation is desirable. CTC: Max 60 lacs

Bangalore

Standard Chartered Bank - Head - Valuation Control Methodology Group 

Standard Chartered Bank - Head - Valuation Control Methodology Group  ,Job Description for Standard Chartered Bank - Head - Valuation Control Methodology Group  in Standard Chartered in  Bangalore for (10-15) years of experience. Apply Now!

Job Description for Standard Chartered Bank - Head - Valuation Control Methodology Group  in Standard Chartered in  Bangalore for (10-15) years of experience. Apply Now!