Valuation & Risk Controller - Investment Banking

The Valuation Risk and Control (VRC) is a service within Product Control, covering products (Equities /Derivatives/Fixed Income Products).

- The objective is to identify, analyze and mitigate risks associated with the valuation of the firm's financial positions. It involves 2 core services

1) Valuation Governance and Execution: Ensuring the independent completeness of inventory valuations and evaluation of valuation models and impacts of new products and businesses

2) Valuation Consultation: Ensuring reliable and meaningful valuation information is provided to interested parties, including Front Office.

Detailed roles & responsibilities are as mentioned below

- Submitting Trader prices to Consensus Data Providers

- Calibrating the external risk parameters from the consensus data prices

- Perform IPV of all trades, positions and risks within responsibility area by sourcing independent prices and parameters

- Perform IPV in accordance with approved IPV methodology documents based on the appropriate frequency; monthly unless specified otherwise

- Apply Bid/Offer (Exit Risk) adjustments to the value of the instrument to the appropriate bid/offer level that would be realized in normal market conditions. The common risk categories for which a bid/offer determination would be expected are delta, vega, forward, correlation etc.

Qualification

- 5-10 years relevant Investment Banking experience, preferably in Valuation Risk and Control functions

- Qualified Accountant with Top Tier Firm / MBA

- Proven people management experience (team size of 2-7)