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Assistant Vice President - Sr Operations Manager

Location Hyderabad, India
Posted 03-July-2022
Description
The Global Valuation Group (GVG) team at BA Continuum is part of the CFO group. It works alongside with BFC (Business Finance Controllers) to contribute to Valuation Control activities in the firm. This particular process resides with the Global Markets group (GBAM).

The Global Valuation Group Methodolody (GVG-M) team at BA Continuum focusses on valuation and independent price verification (IPV) support to the Global Markets Businesses, covering Equities, Rates, FX, and Credit lines of business.


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This role within GVG-M is for an experienced professional who has good understanding of the IPV process, understand the role of Finance in Valuation control and the challenge and review it entails. The role requires creating IPV methodologies for new products or revisiting old methodologies in changing market conditions. It may also require sign-off on methodology changes, reserve and VA calculations.


Responsibilities*

Define the methodology for IPV and associated Liquidity/Model/Deal Specific Valuation Adjustments (VA) for any given product or risk (including regular methodology reviews and advice on re-calibrations)knowledge of XVAs are a plus.

Create the standard process via system or spreadsheet on how to execute the methodology in line with compliance requirements

Perform reviews and approval of all market data constructions, functions and models used in production to value transactions

Review and Challenge the IPV processes conducted by Business Finance and Control (BFC)

Review of material new deals and changes to models and market data configurations

Assist with implementation of strategic projects, such as key risk management and system enhancements

Working closely with Traders, Market Risk Management, Model Risk Management, FO Quants, BFC, senior managers on new product, model development, model sign-off etc.

Define Fair Value Hierarchy categorization and justification and create the framework of a given product, risk, or portfolio as appropriate

Define Liquidity (covered/non-covered) and create the framework of a given product, risk, or portfolio as appropriate

Lead the team from the front


Requirements*


Education*

University degree in Finance, Engineering, Mathematics or related degree

Certifications If Any

Good to have any of the certifications of: FRM, CPA, CFA, ACA


Experience Range*

7years of Financial Modeling experience or equivalent especially Interest Rate Exotics

7years of derivatives valuation


Foundational skills*

Good understanding Interest rate derivatives, and basic understanding of Interest rate Exotics

Understanding of Valuation Control processes and its roles and responsibilities


Desired skills

Demonstrate ability to interact with personnel at all levels of a Top tier Financial Organization

Desired University degree in Finance, Engineering, Mathematics or related degree. Post-graduate university degree (MFE or PhD preferred)

Computer Programming Skills - Working knowledge of Python

Post-graduate university degree (MFE or PhD preferred)
Experience
Min 7 to 10 Years.

 
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