Job Title: Associate

Country: IN

City: Mumbai

Skill Category: Finance

Role & Responsibilities

- Supporting the day-to-day activities of the EMEA Valuations Control team and collaborating with regional counterparts to maintain consistency in processes
- Performing IPV for a full spectrum of Vanilla and Exotic Credit Products across all businesses, including the review of CVA exposure markings
- Analyze and present untested inventory and relevant commentary on alternative approaches used
- Prepare and present monthly forum packs for Front Office, Risk Management, and other stakeholders covering open items, IPV variances, reserves, untested items and commentary
- Help standardize the execution of newly required tasks so that these can be mechanized to be performed by specialized team
- Assisting in determining methodology for and computation of relevant valuation adjustments
- Contributing to management reporting of IPV, including detailed analysis of desk marking trends
- Frequent interaction with Front Office Trading and Quants, Product Control, MVG, and Finance stakeholders
- Assisting in the assessment of revenue recognition and reserving for new product / transaction approvals
- Coordinating with the Mumbai offshore centre to ensure appropriate and accurate testing
- Supporting Valuation Controls response to regulatory requirements / requests (e.g. Prudent Valuation, Trading Wind Down)
- Preparing internal IPV and reserves reporting and supporting audit / SOX related reporting




- Assist and advise Mumbai offshore team on resolution of issues related to valuation and methodology implementation
- Assisting in reviewing, designing and enhancing controls, including an appreciation of digital tools and how they can be applied in a controlled and effective manner
- Supporting Fair Value Hierarchy classification for Credit products and Significant Unobservable disclosures under FAS157
- Supporting computation of quarterly Prudent Valuation Adjustments and contributing to methodology enhancements over time

Skills, experience, qualifications and knowledge required

- Numerical degree with history of strong academic performance required.
- Additional professional qualification from top university or institution preferable (CFA, CQF, CFA, FRM, PRMIA).
- Solid IPV experience and product knowledge
- Prior Experience in Prudent Valuation Methodologies
- Experience in dealing with Front office with regards to valuation issues and IPV adjustments
- Excellent written and oral communication skills required given the level of exposure to all levels of seniority and experience across businesses and regions.
- Digital tool awareness

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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