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 productive 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
- Strong 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 r

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