AVP - PC Valuations

Job Description

Job Title: AVP - PC Valuations Location: ChennaiThe role would involve: Calibrating/Building Yield curves Bid /Offer reserve calculations Prudential valuation Adjustments IPV for Rates Products some products include Interest Rate Swaps, Swaptions, Cross Currency Swaps, Inflation- Swaps, Total Return Swaps and Collateralized Derivative products.What will you be doing Curve building for major currencies. Calculate FVA, PVA as part of IPV process. Independent price verification for various cash and derivative products. Calculation of various fair value adjustments when required Full ownership of the month end valuation production cycle: Preparation process from a logistic, process & IT point of view: Generation of IPV variances, valuation uncertainty, reserves Analysis / commenting of results Escalation of valuation issues Communicating/reporting IPV results to finance management, trading desks and external stakeholders (auditors, regulators), via the production of the monthly IPV reporting pack and communication in relevant meetings Work with peers across PC-Valuation team to help establish best practice guidelines and ensure these guidelines are well-communicated and adhered to. Working on creating solutions / improvements to the IPV process. This requires working with the Change Management team to enhance specification of technology requirements as well as assisting with testing & managing new releases.What we re looking for: Ideally candidates with valuations or IPV experience with rates products with substantial experience and a financial engineering / quant degree would fit the bill. Skills that will help you in the role: It is necessary for the candidates to have substantial rates products knowledge. If the candidates have a quant background working in model validation, attribution roles for rates products if would also be acceptable. Advanced degrees, CFA, FRM would also be preferable.Where will you be working ChennaiBe More at Barclays At Barclays, each day is about being more as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. It s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details.Our Values Purpose and Values We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them.Our Diversity We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.Our Benefits Our customers are unique. The same goes for our colleagues. Thats why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.More about working at Barclays Be More at Barclays At Barclays, each day is about being more as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are. Purpose and Values We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.Respect: We harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.Integrity: We operate with honesty, transparency and fairness in all we do.Service: We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.Excellence: We champion innovation, and use our energy, expertise and resources to make a positive difference.Stewardship: We prize sustainability, and are passionate about leaving things better than we found them. Diversity and Inclusion Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law. Dynamic Working Dynamic Working is a flexible approach to working. Dynamic Working empowers each of us to work in a way that suits ours lives, so we can better serve our customers and clients needs. Whether you have family commitments or you re a carer; whether you need study time or me time, Dynamic Working is designed to help you balance your life.Apply,

Keyskills :
fair valuetotal returnfitfrmcashipvfinancial engineeringtotal return swapschange managementflexible approachcurrency swapscfamodel validationinterest rate swapsequipment supply