Oversee the Valuation Control Team in covering Rates and XVA Products. To conduct the accurate and timely valuation of financial instruments, and establishment of valuation methodologies, monitoring of market conditions, and provision of valuation insights to support financial reporting, risk management, and business decisions.
Key Responsibilities
Strategy
- Lead Rates and XVA Valuation Control function
- Develop and maintain appropriate policies and procedures for IPV, bid offer reserves, model reserves, etc.
- Independently assess the valuation and associated uncertainty of assets and liabilities within business,
specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes.
- Design, develop and evolve the methodologies to optimize the Prudential Valuation and stress Prudential Valuation framework. Ensure a robust PVA framework.
- Design, implement and maintain policies and procedures for calibrations of parametrized models.
- Do an independent review of Significant deals and be able to substantiate the Day1 P&L; from the same.
- Conduct regular review of observability of the different market data used by Trading Desk in marking their books.
- Review & presentation of monthly valuation packs for Finance Committees and FO.
- Review the work for junior members of the team & ensuring the team follows robust controls and governance framework.
- Ensure back-ups are trained and created among team members.
- Ensure the provision of ongoing training and development of people and ensur
📌 Associate Vice President GCM Financing Product Control (Bengaluru)
🏢 Standard Chartered Bank
📍 Bengaluru
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