Rates Valuations - TL/TM - Mumbai

Rates Valuations - TL/TM - Mumbai

2 Nos.
6812
Full Time
5.0 Year(s) To 10.0 Year(s)
4.00 LPA TO 9.00 LPA
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

 

Key Skills :
Company Profile
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