Rates & Fx Valuations Controller

India
- Finance
- Group Functions

**Job Reference #**
- 270197BR

**City**
- Mumbai

**Job Type**
- Full Time

**Your role**
- Drive change (automation) to existing internal processes through advance technical and technological skills. Knowledge of one or more programming languages and tools like Python, R, Tableau, Alteryx etc. is desirable.
- Perform and review the Independent Price Testing (IPV) for Fair Valued Assets & Liabilities within the Investment Banking; Products include Bonds, Interest Rates Swaps, CMS, Caps, Floors, Swaptions, Bermudan Swaptions etc.
- Computation & reporting of various Valuation Adjustments including Liquidity and model reserve
- Discuss & agree with Business Front Office, Finance and Valuation Methodology teams within the organization on product valuation, month end IPV Profit/Loss adjustments & reserve numbers
- Prudential Valuation calculation for the fair valued positions in the Rates Investment Banking business.
- Preparation and 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.

**Your team**
- Global Valuation Control Team as part of Group Finance based out of Mumbai location. The individual would be aligned to rates/FX VCS team

**Your expertise**
- Master's Degree in Finance, Chartered Accountant, CFA or Masters from an institute of repute, Willingness to work in Finance industry working in valuations, research, 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 theoretical product knowledge across financial instruments focus on Rates [Fixed Income Business] (Cash and Derivatives). Ability to learn products within other asset classes viz. Equities, Credit, Securitization, Credit Valuation Adjustments etc.
- Resolve complex issues independently and communicate results to all stakeholders in a timely manner.

**About us**
- UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
- With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

**How we hire**

**Join us**
- At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
- From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

**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.