2+ Derivatives Jobs in Bangalore (Bengaluru) | Derivatives Job openings in Bangalore (Bengaluru)

Qualifications:

• Be part of Product Control team covering various product categories and regions. (Asset classes: FX/FXO, Rates, Fixed Income, Credit, Commodities, Treasury etc.)
• Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSS.
• Ensure the teams are performing timely lockdown of daily and monthly P&L.
• Review various reconciliation reports, management packs and ad-hoc reports.
• Review of month end Journals for accrual, provision and true up. 
• Supporting the introduction of new products within respective business’s and related pre and post execution governance.
• Providing insight with respect to structural and/or system changes and future business expansion/changes and their impact on business performance.
• Independently assess the valuation and associated uncertainty of all assets and liabilities within the respective businesses, specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes. Design, implement and maintain policies and procedures for model risk, calibration risk and implementation risk reserving.
• Design, develop and evolve the methodologies to optimise the Prudential Valuation and stress Prudential Valuation framework.

DESCRIPTION OF TECHNICAL COMPETENCIES

• Given the breadth of areas the role covers, it requires a high proficiency in a wide variety of topics, including:
• Product Control experience 4-8 years
• Strong knowledge of accounting rules
• Strong quantitative analytical skills and understanding of financial modelling
• Strong Control mindset
• Strong Product knowledge at across the core business products.
• Strong interpersonal, communication (verbal and written) and negotiating skills.