Assistant Manager - Independent Price Verification.
This mandate is run by SYMPHONI HR, a Mumbai-based executive search firm, est. 2003. Applications are email-verified and reach the search team running the role — confidentially, always.
About the organisation.
Our client is a leading global financial services firm with a strong presence in international markets. They are known for their commitment to excellence in investment banking and their sophisticated approach to global financial operations. The firm fosters a collaborative, high-performance culture that encourages professional growth and innovation.
About the role.
This role sits within the Global Valuation team, focusing on the independent price verification of diverse financial products. You will play a critical role in ensuring the accuracy of the balance sheet by validating trading positions and managing valuation variances. This is a hybrid position based in Mumbai, requiring close collaboration with global stakeholders.
What you will do.
- Perform independent price verification for SPG, Credit, Rates, FX, and Equities portfolios.
- Calculate portfolio variances against independent market data or in-house valuation models.
- Ensure the balance sheet accurately reflects the fair value of cash and derivative trading positions.
- Investigate significant valuation variances, tolerance breaches, and untested positions.
- Handle valuation-related queries from Front Office and Risk Management teams.
- Calculate Bid-Offer reserves across multiple asset classes.
- Prepare comprehensive MIS reporting for senior management and key stakeholders.
- Collaborate with local and global cross-functional teams to meet strict reporting deadlines.
What you bring.
- 3–7 years of experience in Product Control or Financial Valuation.
- Strong understanding of credit, rates, and FX products such as IRS, Swaptions, and NDFs.
- Solid grasp of financial concepts including yield curves, forward rates, and discounting.
- Proficiency in Excel and VBA for financial modeling and automation.
- Hands-on experience with Python and Alteryx for data processing.
- Familiarity with financial tools such as Bloomberg, Intex, SQL, and MS Access.
- Strong analytical, problem-solving, and communication skills.
- Experience with MBS and securitized products is highly desirable.
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