Job Description
Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, IB Risk), CIO, Treasury & Corporate (CTC), Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads, regulators, and both internal and external audit.
Job Responsibilities
• Execute price verification/benchmark process including the calculation of fair value adjustments
• Assist with various VCG established practices and control initiatives as well as perform necessary work relating to management reporting, regulatory mandates and consistency within the broader VCG framework
• Partner with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
• Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
• Other value-added projects related to Business, Risk, and Finance initiatives
Required Qualification, Skills and Capabilities
• 5+ years of related experience
• Undergraduate degree with finance and economics major preferred
• Graduate degree with finance, economics, mathematics, engineering a plus
• Ability to understand complex products, and analyze transaction and process flows
• Work experience in financial industry a plus
• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
Preferred Qualification, Skills and Capabilities
• Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
• Strong verbal and written communications skills
• Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
• Ability to prioritize multiple tasks efficiently
Job Responsibilities
• Execute price verification/benchmark process including the calculation of fair value adjustments
• Assist with various VCG established practices and control initiatives as well as perform necessary work relating to management reporting, regulatory mandates and consistency within the broader VCG framework
• Partner with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
• Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
• Other value-added projects related to Business, Risk, and Finance initiatives
Required Qualification, Skills and Capabilities
• 5+ years of related experience
• Undergraduate degree with finance and economics major preferred
• Graduate degree with finance, economics, mathematics, engineering a plus
• Ability to understand complex products, and analyze transaction and process flows
• Work experience in financial industry a plus
• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
Preferred Qualification, Skills and Capabilities
• Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
• Strong verbal and written communications skills
• Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
• Ability to prioritize multiple tasks efficiently
💡 Quick Summary
Seeking a career-building opportunity? The Valuation Control Group Associate position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore 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.