Valuation Role - Independent Price Verification & Structured Trade Reviews

Valuations:

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

Regular communication and interaction with other areas of Product Control ;

Maintenance of a robust control environment.

Managing 1-3 members

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

Interested candidates must be able to demonstrate the following qualifications and competencies;

PC or related experience is required for this role. 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.

Master's degree in Mathematical Finance or equivalent will be preferred but not compulsory

Engineering degree will be preferred