Job opportunity in IB in Mumbai - Independent Price Valuation (IPV)

Job Description

Responsibilities: Independent price verification of various products for Credit, Rates/FX & Equities for positions across Global Valuation team Hands-on experience of BBG, Trade Web and other market data sources. Good understanding of different type of collateral and CSA used for valuations. Calculating the variances for portfolio vis-a-vis independent prices obtained through external market agencies or priced through in-house valuation models using external input/parameters Help ensure that the Balance Sheet presents a true and fair view of cash/derivative trading positions Investigating significant variances and tolerance breaches, untested positions, heat maps & handling queries from trading related to valuation/prices provided Involved in calculation of Bid Offer reserves across asset classes Reporting and MIS pack preparation for Senior management Possess good problem solving and communication skills Work closely with a wide range of teams locally & globally across functions under tight deadlines Good Python programming skills would be preferable.