Overview
Director, Valuation Risk & Policy (Mumbai)
Lead the Mumbai VRP team to design/validate valuation methodologies (IPV, FVA, Pruval) across all asset classes, ensure governance compliance, and represent the unit globally.
Must-Have Skills & Experience
Technical Expertise:
– Deep understanding of complex structured products and valuation models.
– Proven experience in developing IPV, FVA, and Prudential Valuation Adjustment frameworks.
– Ability to validate Front Office methodologies and address market data/liquidity challenges (e.g., proxy reliance).
Leadership & Management:
– 10+ years in Finance/Risk Control (Investment Banking or top financial consultancy).
– Experience managing technical teams and implementing people strategies (recruitment, retention, development).
– Track record of leading large, complex change projects in banking.
Stakeholder Influence:
– Ability to communicate complex quant concepts to non-technical audiences (traders, regulators, senior management).
– Experience in internal/external governance forums (e.g., Valuation Control Oversight Committee, regulatory meetings).
Critical Competencies:
– Problem-solving under tight deadlines with high-quality outputs.
– Innovative mindset to challenge status quo and drive improvements.
– Strong business/data analysis skills.
Key Responsibilities
– Define team strategy, methodologies, and governance for global valuation policies.
– Provide technical guidance to Valuation Risk teams and validate FO models.
– Represent the unit in senior forums and maintain regulator relationships.
– Foster talent development and succession planning.