Job Description
India
Finance
Group Functions
Job Reference #
26+3+7BR
City
Mumbai
Job Type
Full Time
Your role
– Assisting the team in preparation of monthly valuation reports and presenting them to global head of valuation control, and the Valuation Control product leads.
– Producing summary commentary on key valuation items including Independent price verification (IPV) results, reserve movements and valuation issues. The commentary needs to convey key messages to management, therefore going beyond factual reporting.
– Maintain the integrity of the reporting processes and the IPV tool, including appropriate completeness controls, consistency / trending and gathering user feedback on improvements / design aspects.
– Supporting various ad-hoc projects to enhance the valuations reports driven by changes to accounting standards and/or regulatory requirements and other initiatives that fall within the remit of VOC/RVG work.
– Managing projects related to consistency of valuations work across product teams and developing subject matter expertise on an internal newly built reporting tool.
– Understanding and assessing the impact of regulatory requirements for the VCG team, articulating change requirements to VCG asset class teams, oversight and coordination of regulatory returns and financial reporting. Preparing key MIS for senior management.
Your team
– Valuation Oversight & Consistency (VOC) are a centralized group of professionals supporting senior management in valuation governance and reporting processes. The VOC team is responsible for supporting the coordination of monthly IPV process, reporting IPV results to senior management and aggregating & analysing IPV, Fair Value Adjustments and Fair Value Hierarchy results for valuation reporting & external disclosure purposes.
– The Regulatory Valuations & disclosures Group (RVG) is within the Finance function. The RVG team is responsible for providing periodic data to the regulators including Prudential Valuations and Liquidity returns, as well as responding to ad-hoc regulatory queries. Additionally the RVG team provides analysis and review of the fair value measurement note within the financial statements for both Group and individual Entities.
Your expertise
– Excellent verbal and written communication skills, with the ability to tailor it to senior audience.
– Strong project management and organizational skills.
– Good understanding of investment banking products (specific product expertise Not required)
– Ability to multitask, work independently, willingness and capability to build robust control environment for IPV & regulatory reporting.
– Strong MS Office skills, in particular Excel & PowerPoint. MS Excel macro skills are an advantage.
– Bachelor's degree holder from reputed college, valuation experience will be an add-on
– Qualified Accountant or other professional qualifications (e.g. CFA) can be advantage, but not essential.
About us
UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
How we hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
Contact Details
UBS Recruiting India
Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Finance
Group Functions
Job Reference #
26+3+7BR
City
Mumbai
Job Type
Full Time
Your role
– Assisting the team in preparation of monthly valuation reports and presenting them to global head of valuation control, and the Valuation Control product leads.
– Producing summary commentary on key valuation items including Independent price verification (IPV) results, reserve movements and valuation issues. The commentary needs to convey key messages to management, therefore going beyond factual reporting.
– Maintain the integrity of the reporting processes and the IPV tool, including appropriate completeness controls, consistency / trending and gathering user feedback on improvements / design aspects.
– Supporting various ad-hoc projects to enhance the valuations reports driven by changes to accounting standards and/or regulatory requirements and other initiatives that fall within the remit of VOC/RVG work.
– Managing projects related to consistency of valuations work across product teams and developing subject matter expertise on an internal newly built reporting tool.
– Understanding and assessing the impact of regulatory requirements for the VCG team, articulating change requirements to VCG asset class teams, oversight and coordination of regulatory returns and financial reporting. Preparing key MIS for senior management.
Your team
– Valuation Oversight & Consistency (VOC) are a centralized group of professionals supporting senior management in valuation governance and reporting processes. The VOC team is responsible for supporting the coordination of monthly IPV process, reporting IPV results to senior management and aggregating & analysing IPV, Fair Value Adjustments and Fair Value Hierarchy results for valuation reporting & external disclosure purposes.
– The Regulatory Valuations & disclosures Group (RVG) is within the Finance function. The RVG team is responsible for providing periodic data to the regulators including Prudential Valuations and Liquidity returns, as well as responding to ad-hoc regulatory queries. Additionally the RVG team provides analysis and review of the fair value measurement note within the financial statements for both Group and individual Entities.
Your expertise
– Excellent verbal and written communication skills, with the ability to tailor it to senior audience.
– Strong project management and organizational skills.
– Good understanding of investment banking products (specific product expertise Not required)
– Ability to multitask, work independently, willingness and capability to build robust control environment for IPV & regulatory reporting.
– Strong MS Office skills, in particular Excel & PowerPoint. MS Excel macro skills are an advantage.
– Bachelor's degree holder from reputed college, valuation experience will be an add-on
– Qualified Accountant or other professional qualifications (e.g. CFA) can be advantage, but not essential.
About us
UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
How we hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
Contact Details
UBS Recruiting India
Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
💡 Quick Summary
Seeking a career-building opportunity? The Intern position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
