Description:

Looking for existing VP from Global Banks

IC role

Should have experience in:

Global Valuations, Independent Price Verification, Valuation Adjustments, Prudent Valuations and Fair Value Hierarchy assessment

Strong programming skills in Python

Responsibilities-:

- Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for Fair Value Hierarchy levelling.

- Demonstrate strong SME knowledge with the ability to operate with end-to-end accountability.

- Working with the Global Valuation Group to ensure ongoing review & enhancement of valuation control methodologies and practices.

- Provide strong technical leadership on independent valuation principles.

- Strong understanding of traders risk positions and valuation principles, own the end-to-end desk communication and challenge process for GBAM Finance.

- Timely identification and escalation of red flags to Business Finance and Control leads and other independent stakeholders.

- Drive solid supervisory reviews and governance around implementation of the valuation framework.

- Work closely with the trading desks on valuation issues and valuation differences.

- Lead conversations with Front office with respect to IPV variances, changes in valuation adjustments etc.

- Assist with execution of month-end controls and supervisory review routines pertaining to valuation control.

- Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.

- Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries and enable the business and be Accurate & well controlled across deliverables.

- Ensure audit readiness and compliance for the function as required by business finance policies, guidelines, and regulatory requirements.

- Active participation and collaboration with global teams on regulatory topics pertaining to valuation of assets.

- Act as a catalyst in the execution of global strategic technology projects impacting valuations.

- Develop, standardize & continuous improvement of existing processes & workflow.

- Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

- Be pro-active and engage control partners/ technology to identify and mitigate operational risks.

Education-:

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Valuation Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products

Certifications If Any

- CFA / FRM certified candidates would be preferred.

- Advanced education and/or enhanced technical qualifications are a plus.

- Ability to use Access or VBA would enhance the candidates attractiveness significantly.

Experience Range-:

12 to 16 years with at least 8+ years experience in Global Markets Valuation Control role

Foundational skills-:

- Alteryx / Tableau / Python knowledge would be an added advantage.

- Have the awareness to escalate potential issues to their supervisor in a timely manner.

- Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels.

- Must be proactive and be a highly motivated self-starter.

- Should have good understanding of financial markets, Derivatives & structured notes-their hedging, funding, credit risk, valuation of derivatives, appreciation of methodologies related to calculating adjustments for liquidity, concentration etc.

- Should have a strong quantitative background and appreciation and understanding of basic quantitative models.

- Demonstrated ability to work in a globally matrixes and significantly multi-geography, multi-cultural offshore service delivery environment.

- Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders.

- Experience interacting with internal/external auditors and regulators will be a big plus.

- Has the gravity to interact at all levels of management to support resolution of complex business issues.

- A convincing executive presence which conveys composure and confidence in all situations, the credibility and stature to carry stakeholders through influence rather than via the hierarchy.

Desired skills:

- Effective communication skills with English proficiency

- Demonstrated ability to work in a high-pressure environment.

- Takes initiative and challenges existing processes and procedures in a proactive manner.

- Strong team player

- Ability to analyze issues independently and derive solutions.

- Analytical skills

- Inherent sense of principles of control through experience and sound judgment

- Reliability

Work Timings-:

12:30 PM to 9:30 PM IST

Job Location-:

Mumbai / Gurugram/ Hyderabad