Securitization Valuations Controller - BFSI

- Strong understanding across a range of Structured Products including Agency and Non Agency RMBS, CMBS, CLOs, TRUP CDOs and EU Securitizations.

- Strong understanding of valuation inputs, deal structure, waterfalls, cash-flow triggers, loan origination process, liquidation process, pricing models, servicing, government actions and market trends.

- Understanding of derivative products including structured bespoke transactions, Pay As You GO CDS contracts, Index products and model based products referencing RMBS securities.

- Have expert skills in understanding deal documents, market research and application of the same on the portfolio.

- Coordinate valuation issues globally for similar products and work with other cross functions like front office quant team, Quantitative Risk Control, Market Risk Control, Global Valuation Reporting, Credit Risk Control and Product Control to attain consistency in approach/policies and resolve valuations issues.

- Prior experience in working with the traders, risk groups and management in addressing valuation issues.

- Provide creative and market based solutions to improve overall valuation comfort on "Hard to test" and illiquid transactions and securities.

- Ability to construct/build intermediate to simple pricing models using economic macro and micro level data to allow projection of future defaults, prepayments, severities and other key valuation drivers

- Ability to develop alternative valuation and estimation techniques by using limited market color.

- Have an understanding of accounting standards such as FAS 157, FAS 166 and other conventions such as Mark To Market (MTM), Available for Sale, Held to maturity and practical application of these. Keep up with changes in MTM accounting.

- Ability to multitask, work independently. Willingness and capability to build a solid control environment

- Provide ad-hoc support to the Group head in collecting, analyzing and presenting data as necessary to allow management decisions.