India

Finance

Group Functions

Your role

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 testing (ipv) of fair valued assets & liabilities in the rates and fx ; products include bonds, swaps, swaptions, bermudans, fx options etc.
• computation & reporting of reserves for the rates and fx business
• discuss & agree with desk, finance and valuation methodology teams on product valuation, month end ipv adjustments & reserve numbers
• review & perform prudential valuation calculation for the fair valued positions in the rates business
• review of monthly valuation packs along with commentaries explaining the reserves & ipv numbers
• on a continuous basis review/challenge client needs and prepare reports in standardized format, with adhoc 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

Job Reference #

337328BR

City

Mumbai, Pune

Job Type

Full Time

Your team

The role exists within the Valuation Control Group which is part of Group Finance. The function is responsible for the validation of the final reported valuations of trading products & derivatives through a combination of independent price verification (IPV) and reserving techniques. The VCG team is global with a significant presence in India.

Your expertise

• master's degree in finance, chartered accountant , cfa or masters from an institute of repute, minimum 7+ years of experience in finance industry working in valuations, research, risk, 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 understanding of derivatives pricing concepts, methodologies (swaps and options) 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
• strong product knowledge across financial instruments with expertise in rates. ability to learn products within other asset classes.
• resolve complex issues independently and communicate results to all stakeholders in a timely manner.
• a very strong communicator and can present ideas with people at all levels
• a team player

About us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Contact Details

UBS Business Solutions SA
UBS Recruiting

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.