Job Description
The Role Responsibilities Develop and maintain appropriate policies and procedures for IPV, bid offer reserves, model reserves, etc.
Independently assess the valuation and associated uncertainty of assets and liabilities within business, specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes.
Design, develop and evolve the methodologies to optimize the Prudential Valuation and stress Prudential Valuation framework. Ensure a robust PVA framework. Do an independent review of Significant deals and be able to substantiate the Day1 P&L from the same. Conduct regular review of observability of the different market data used by Trading Desk in marking their books. Preparation of monthly valuation packs for Finance Committees and FO. Ensure back-ups are trained and created among team members. Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners. Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the valuation of the FM business. Take accountability from Bangalore on different initiatives spanning
• Technology (SABRE, Aspire, Razor, Stride), Regulatory (IBOR, ViR ).
Regular face off with Traders, Quants, Model Validation, Product Control Management, Regional finance team and various internal stakeholders. Act as a point of reference for team members and internal clients.
Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.
Independently assess the valuation and associated uncertainty of assets and liabilities within business, specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes.
Design, develop and evolve the methodologies to optimize the Prudential Valuation and stress Prudential Valuation framework. Ensure a robust PVA framework. Do an independent review of Significant deals and be able to substantiate the Day1 P&L from the same. Conduct regular review of observability of the different market data used by Trading Desk in marking their books. Preparation of monthly valuation packs for Finance Committees and FO. Ensure back-ups are trained and created among team members. Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners. Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the valuation of the FM business. Take accountability from Bangalore on different initiatives spanning
• Technology (SABRE, Aspire, Razor, Stride), Regulatory (IBOR, ViR ).
Regular face off with Traders, Quants, Model Validation, Product Control Management, Regional finance team and various internal stakeholders. Act as a point of reference for team members and internal clients.
Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.
💡 Quick Summary
Seeking a career-building opportunity? The Manager| Product Control GBS position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru 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.