Credit Valuations Control

Responsibilities:

Are you passionate about the financial markets? Are you an innovator who loves to solve problems? We are looking for someone to use their expertise and join UBS Valuation Control Group in Mumbai

• Responsible to review & perform the Independent Price Verification (IPV) of credit products including bonds, loans, credit derivatives etc.
• Computation & reporting of reserves for credit products
• Discuss & agree with Desk, Finance and Valuation Methodology teams on product valuation, month end IPV adjustments & reserve numbers
• Review & perform Prudential Valuation calculations for credit products
• Review of monthly Valuation Packs along with commentaries explaining the Reserves & IPV numbers
• On a continuous basis review/challenge client needs and prepare standard and ad hoc reports and analysis for senior management
• Represent the team during internal & external audits, running the auditors through the different processes in detail & resolving their queries

Skills/ Qualifications:

• Master's Degree in Finance, Chartered Accountant, CFA or Masters from an institute of repute, 3+ 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 product knowledge across financial instruments with expertise in credit. Strong understanding of credit and derivatives pricing concepts, methodologies 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
• Resolve complex issues independently and communicate results to all stakeholders in a timely manner