Job
Description
:
In Scope of Position based Promotions (INTERNAL only)
Job Title
Group Strategic Analytics Quantitative Strategist Valuation Control - AVP
LocationMumbai, India
Role Description
Valuation Control (VC) Strats team, part of Group Strategic Analytics (GSA), plays a key role in supporting the banks Valuation Control (VC) function which is responsible for the independent valuation of the banks fair value balance sheet. This collaboration ensures correct fair value reporting and appropriate reserving and regulatory capital calculation for the banks financial instruments.The candidate is required to work in collaboration with Valuation managers, FO Quant across globe and drive enhancement in valuation processes and methodologies on various internal and regulatory driven projects. Candidate is required to have a deep understanding of Independent Pricing Verification, Reserves & Prudent valuation process.Candidate should be able to understand the business problem, gather information required for the implementation and provide an end-to-end optimized solution on a scalable platform. Implementation of the project needs to be done in Python programming language so coding knowledge is must. Candidate should possess a very good English communication skill to coordinate and communicate your work effectively with various stakeholders spread across globe.Candidate will also facilitate and foster stakeholder relationships globally and within the local region and will also be responsible for development, Support and motivation of the team.
Group Strategic Analytics
Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions.The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming.The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office.The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.
Our People
Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures.They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.
What well offer you
,100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Work on automation and optimization of valuation control processBuild quantitative solution and methodology around reserves, prudent valuation.Develop, Implement, enhance and maintain existing framework to measure valuation risk across the bankUnderstand and decipher business problem to convert into manageable smaller problem statementsCoordinate and gather information from various stakeholders for deeper understanding of the businessDesign automated solutions which are optimized and scalableDevelop libraries in Python to provide solutions to the businessRemediation of regulatory as well as external and internal findings against the valuation control business
Your skills and experience
A strong, relevant background and 7+ years of comparable experience.Strong analytical skills demonstrated by a background in MFE/MBA in Finance / Engineering / Mathematics / Quantitative Statistics background from top collegesIndustry experience in programming in Python and programming concepts ( Class, Pointers, Data structure stacks, queue)Good product knowledge of derivatives and pricing in at least one asset class Equity, Credit, Rates, FX, Commodities.Experience in valuation models and pricing techniquesMarket risk, Middle office, Valuations background with relevant subject matter expertise in one of the three disciplinesExcellent communication skills and attention to detailStrong analytical, problem solving and critical thinking skills with ability to cope well under pressure and tight timelinesA track record of working in Projects and supporting Production environment simultaneouslyCertification such as FRM or CFA or CQF is preferred
How well support you
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