AVP - PC Credit

Join us as a Assistant Vice President - Product Control Credit team where you

will help craft innovative solutions that influence the Analysis of valuation models as part of the Product control team. Calculations of various fair value adjustments when required.

To be successful in this role ,you should have experience with:

• Quantitative primary degree.

• Valuation control or product control experience in a financial

services environment.

• Strong communication skills including the ability to distil

complex issues into an easy to digest summary for senior management.

• Strong understanding of Financial Derivatives.

Some other highly valued skills may include:

• Good understanding of Microsoft Office products.

• Experience with Bloomberg, Reuters terminals.

o Proactive change champion who looks to develop and embed best

practice.

o Strong communicator (written and interpersonal) with an

understanding of senior management perspective.

o Confident and assertive with the ability to negotiate and

influence constructively across teams and geographies.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills

This role is based out of Chennai/Pune.

Purpose of the role

To oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, maintenance of compliance with regulatory requirements, and provision of insights into trading performance.

Accountabilities

• Reconciliation of daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.

• Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.

• Maintenance and analysis of the bank’s trading data, ensuring its accuracy, completeness and consistency, and provision of insights to traders and senior colleagues on trading performance.

• Preparation and submission of regulatory reports to authorities, and provision of support to external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.

• Effective communication of complex financial information to traders, risk professionals, senior colleagues, and external stakeholders.

• Cross functional collaboration to ensure a coordinated approach to trading activities.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes

Industries:Banking, Financial Services, Investment Banking