Job Title: Credit Valuations Controller

Experience: 8 to 12 Years

Location: Mumbai

Roles & Responsibilities

- Perform Independent Price Verification (IPV) for Vanilla and Exotic Credit products across businesses.

- Review and analyze CVA exposure markings, IPV variances and untested inventory.

- Investigate valuation differences and provide commentary on alternative valuation approaches.

- Prepare and present monthly valuation control packs covering IPV variances, reserves, open items and untested positions.

- Support the development and standardization of valuation processes for efficient execution and automation.

- Assist in determining valuation methodologies and calculating valuation adjustments and reserves.

- Analyze desk marking trends and support IPV and management reporting.

- Collaborate with Front Office, Trading, Quants, Product Control, Risk, Finance and Valuation teams.

- Support revenue recognition and reserving assessments for new products and transactions.

- Coordinate with offshore teams to ensure accurate and appropriate valuation testing.

- Support regulatory requirements, audits and SOX reporting related to valuation controls.

- Review and enhance valuation controls, processes and digital tools.





- Support Fair Value Hierarchy (FAS 157) classification and Significant Unobservable disclosures for Credit products.

- Support Prudent Valuation Adjustments (PVA) calculations and methodology enhancements.

Requisites

- Robust knowledge of Credit Valuation Control and Independent Price Verification (IPV).

- Hands-on understanding of Vanilla and Exotic Credit products.

- Knowledge of CVA, valuation adjustments, reserves and prudent valuation.

- Experience in analyzing IPV variances and untested inventory.

- Understanding of Fair Value Hierarchy and FAS 157.

- Strong knowledge of valuation methodologies and financial product pricing.

- Experience with management reporting, MIS and valuation control packs.

- Understanding of revenue recognition and reserving for financial products.

- Knowledge of regulatory, audit and SOX requirements.

- Strong analytical and problem-solving skills with attention to detail.

- Excellent stakeholder management and communication skills.

- Ability to collaborate effectively with Front Office, Risk, Finance, Product Control, Quants and offshore teams.

📌 Credit Valuations Controller (India)
🏢 MASTER MIND CONSULTANCY
📍 India