Job Description
Job Reference #
271+48BR
Job Type
Full Time
Your role
• Responsible to review & perform the Independent Price Testing (IPV) of Fair Valued Assets & Liabilities in the Securitization and Municipal bonds space; Products includes RMBS , ABS, CMBS, CLOs, Municipal Bonds etc.
• Accurate and timely retrieval of relevant Market data / price data from various approved sources
• Reporting/ Submission of calculated Reserves, IPV , Pruvals ,FVH etc. in to relevant reporting platform
• Computation & reporting of reserves for the business
• Discuss & agree with Desk, Finance and Valuation Methodology teams on product valuation, month end IPV adjustments & reserve numbers
• Review & perform Prudential Valuation calculation for the fair valued positions in the business
• Create / review of monthly Valuation packs along with commentaries explaining the Reserves & IPV numbers
Your team
The role exists within the Valuation Control Group which is part of Group Finance. The function is responsible for the validation of the final reported valuations of trading products & derivatives through a combination of independent price verification (IPV) and reserving techniques. The VCG team is global with a significant presence in India.
Your expertise
• Master's Degree in Finance, Chartered Accountant , CFA or Masters from an institute of repute, 8+ years of experience in Finance industry working in valuations, research, valuation methodologies or similar profiles
• Strong communication skills, should be able to express & explain to different audience effectively
• Ability to critically think, review & challenge valuation methodologies
• Strong understanding of derivatives pricing concepts, methodologies (swaps and options) and associated risks
• Attention to detail and strong process improvement capabilities
• Ability to multitask, work independently, willingness and capability to build robust control environment for IPV & regulatory reporting
• Strong product knowledge across financial instruments with expertise in Rates. Ability to learn products within other asset classes.
• Resolve complex issues independently and communicate results to all stakeholders in a timely manner.
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?
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?
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
271+48BR
Job Type
Full Time
Your role
• Responsible to review & perform the Independent Price Testing (IPV) of Fair Valued Assets & Liabilities in the Securitization and Municipal bonds space; Products includes RMBS , ABS, CMBS, CLOs, Municipal Bonds etc.
• Accurate and timely retrieval of relevant Market data / price data from various approved sources
• Reporting/ Submission of calculated Reserves, IPV , Pruvals ,FVH etc. in to relevant reporting platform
• Computation & reporting of reserves for the business
• Discuss & agree with Desk, Finance and Valuation Methodology teams on product valuation, month end IPV adjustments & reserve numbers
• Review & perform Prudential Valuation calculation for the fair valued positions in the business
• Create / review of monthly Valuation packs along with commentaries explaining the Reserves & IPV numbers
Your team
The role exists within the Valuation Control Group which is part of Group Finance. The function is responsible for the validation of the final reported valuations of trading products & derivatives through a combination of independent price verification (IPV) and reserving techniques. The VCG team is global with a significant presence in India.
Your expertise
• Master's Degree in Finance, Chartered Accountant , CFA or Masters from an institute of repute, 8+ years of experience in Finance industry working in valuations, research, valuation methodologies or similar profiles
• Strong communication skills, should be able to express & explain to different audience effectively
• Ability to critically think, review & challenge valuation methodologies
• Strong understanding of derivatives pricing concepts, methodologies (swaps and options) and associated risks
• Attention to detail and strong process improvement capabilities
• Ability to multitask, work independently, willingness and capability to build robust control environment for IPV & regulatory reporting
• Strong product knowledge across financial instruments with expertise in Rates. Ability to learn products within other asset classes.
• Resolve complex issues independently and communicate results to all stakeholders in a timely manner.
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?
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?
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 Securitisation Valuations Controller 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.
