Rates Valuations - TL/TM - Mumbai
Job Description:
Request you to share profiles for TL & TM for Rates Valuations.
- Profiles to be sourced from IIT / IIM / CA / Reputed Institutes with Product / Methodology / Market Risk / Valuations background with 4 to 5 years of experience for TM / TL Rates.
PFB the Job Specs for this requirement :
Specs for Rates & FX ( Senior role)
Description
The role is within the Rates & FX Valuation Control function that supports this business from within the Finance function. The role involves the calculation of reserves, Internal Price Submissions to Totem, validation / independent price testing, Fair Value Hierarchy classification and associated reporting requirements.
Key Responsibilities:
- Understand the price testing methodology and own end to end Valuation control process.
- Ability to communicate, explain variances and investigate issues autonomously.
- Review and maintain a strong control environment by performing a thorough review of processes.
- Ability to work in a fast paced environment, produce deliverables on timely basis and in an efficient manner.
- Strong knowledge of fixed income products, market conventions and discounting.
- Understanding of curve construction methodologies and approaches.
- The role requires liaison with desk, onshore Valuations, Product Controllers and reporting teams.
Requirements / Qualifications:
The ideal candidate will combine the following skill sets and or qualifications:
- Strong mathematical/analytical ability (Masters in finance related subject desirable)
- Good knowledge/experience in pricing of fixed income products especially IRS, Swaption, FX and Bermudans.
- Familiarity with derivative and interest rate instruments.
Understanding on Curve Construction and Option Pricing must to have
- Computing skills including strong Excel skills, (VBA – advantageous)
- Experience with Quants background or Valuation Control background with strong product understanding
- Experience in using Reuters/Bloomberg advantageous.
- Strong communicator, with a strong understanding of the valuation of exotic interest rate products like Bermudans, Quantos, CMS, CDRAN
- Understanding of the relationships between Product Control and Valuations.
- Understand the pricing of exotic interest rate products
- Have previous experience working on Models like SABR, LMM / BGM.
- Exposure of working with Model Validation team will be an advantage.
Key words to search Valuation Control roles and more relevant CV for rates role
Keywords for Valuation Control
· Independent Price Verification · Reserve · Valuation Adjustment · Totem Submission · Fair Value Hierarchy
Keywords for Rates relevant CV |
· Model Validation |
· IRS, Interest Rate Swap |
· SABR Model |
· LMM / BGM Models |
· CMS |
· Bermudans |
· Swaption |
· PRDC |
· Curve |
Company Profile
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- Interested candidates are requested to apply for this job.
- Recruiters will evaluate your candidature and will get in touch with you.