Valuation Controller
Bangalore, KA, IN, 560103
Some careers shine brighter than others.
If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Valuation controller
In this role, you will:
- Overview of fair value, prudent adjustments and accounting framework governance “from PTS to ledger” that is critical for the accurate reporting of financial statements
- Overseeing preparation of IPV (Independent Price Verification), FVA (Fair Value Adjustment), PVA (Prudent Valuation) and FVL (Fair Value Levelling).
- Working on improving controls and implementing valuation methodologies.
- Analyzing Valuations model restrictions and recommendations.
- Coordinating preparation of appropriate Management Information for various committees.
- Delivering a single view of the P&L and Balance Sheet through cooperation with Business Financial Control and Core Product Control.
- Building relationships with key stakeholders including other Product Control functions, Quantitative Analytics, Front Office, Market Risk Management, IT and Operations.
- Reengineering and streamlining of processes to achieve economy of scale and increased service quality.
To be successful you will:
- 2+ years of relevant post-qualification experience in either the Product Control, Valuation Control or Market Risk.
- Good understanding of vanilla and complex derivative products, market risks and pricing parameters.
- Strong IT skill required including experience with Excel, VBA, SQL, Microsoft Access.
- A professional Finance qualification (CFA, FRM, CQF, CA) is preferred.
- Excellent written and oral communication skills.
- Strong quantitative and qualitative analytical skills
- Sound judgment and problem-solving skills, ability to think laterally.
- Great interpersonal skills, including the ability to articulate key quantitative issues clearly.
- Good appreciation of regulatory guidelines, rules and requirements.
- Valuation controllers are expected to work across regions with multiple stakeholders both within Product Control, Front Office and other business stake holders in Hong Kong, Paris, Krakow, London and New York.
You’ll achieve more at HSBC
www.hsbc.com/careers
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
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