• Independent price verification (IPV) and the calculation of fair value adjustments (FVAs)
• Reporting results and conclusions to senior management with recommended actions
• Analysis of valuation models as part of the price verification process, including as necessary liaising with Quantitative Analytics, Market Risk and Model Validation as part of the trade approval process
• Oversight and analysis of FVA methodologies and oversight of product observability review processes
• Independent price verification for various Cash and Derivative products.
• Calculation of various fair value adjustments when required
• Full ownership of the month end valuation production cycle:
• Preparation process from a logistic, process & IT point of view:
• Generation of IPV variances, valuation uncertainty, reserves
• Analysis / commenting of results
• Escalation of valuation issues
• Communicating/reporting IPV results to finance management, trading desks and external stakeholders (auditors, regulators),
via the production of the monthly IPV reporting pack and communication in relevant meetings
• Work with peers across PC-Valuation team to help establish best practice guidelines and ensure these guidelines are well-communicated and adhered to.
• Working on creating solutions / improvements to the IPV process. This requires working with the “Change Management” team to enhance specification of technology requirements as well as assisting with testing & managing new releases.
• Quantitative primary degree and/or a degree in Finance
• Valuation control or product control experience in a financial services environment. Strong front to back valuation control experience
• Robust communication skills including the ability to distil complex issues into an easy to digest summary for senior management.
• Strong Spreadsheet skills
• Advanced degree in similar subjects. Further professional qualification such as CQF, FRM, ACA, CIMA, CFA or MBA.
• Experience working on Equity Derivatives
• Co
📌 90330351PC Valuations (Chennai)
🏢 Barclays Services
📍 Chennai
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