Functional Expert-Valuations

 Bangalore, India       Permanent contract        Corporate Finance / Accounting

Responsibilities

The Valuation Group (VAL), within the Finance Department Cross Expert Group dedicated to GBIS (DFIN/GBI/CEG), is a worldwide team whose core mission statement is to ensure that valuations reflected in financial statements are in line with normative accounting requirements and industry best practice.


This mission statement translates in various functions and deliverables, which include the following:


· Chair and prepare global and regional Valuation Committees.


· Define and maintain Valuation Policies.


· Centralize Independent Price Verification (IPV) reports, and perform IPV on implicit parameters.


· Design, manage and centralize product and parameter valuation cartographies.


· Compute, analyze and report valuation adjustments (Global Valuation Review Committee).


· Design Day One Profit and Level 1/2/3 observability rules.



The core VAL team is located in Paris, but the Valuation Group is also represented in the US and in Asia through the concept of ‘extended team’: the Valuation Group acts as one global team for GBIS market activities worldwide.



The Valuation Group has taken a new step forward in its organization with the deployment of a team in Bangalore: this team mission statement would focus on IPV (Independent Price Verification) and RP (Reserve Policies), but is expected to take on further tasks and responsibilities.



Profile Required

Job Offer


This job offer concerns a position within the Bangalore VAL team. The collaborator will actively participate to the production of various deliverables related to IPV, RP and Prudent Valuations Adjustment. This includes:


· Parameter cartographies: sourcing of the market parameters used in valuation, preparation of input files required for running the cartographies, run of cartography production process.

· IPV reports: participation to the collection and control of data, production of the reports.

· Consensus process: insertion of consensus-obtained levels in the referential system, pricing of products using consensus levels…

· RP computations

· RP analysis (analytical review)

The collaborator will participate to various works that aim at upgrading IPV and RP production framework, tools and processes. This includes VBA macro editing tasks designed to automate treatments

A first experience in Product Control or Risk functions


· Basic knowledge in financial markets

· IT skills (VBA exposure required; additional IT skills like C#; Python will be a plus)

· Familiarity with pricing/valuation methodologies of derivative products (Equity, Fixed Income, FX) including Risk analysis and Market parameters overview

· Strong mathematical/analytical ability

The candidate should also feel comfortable with working and interacting in an international environment (daily exchanges with Paris team expected).

Why Join Us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status

Business Insight

 Societe Generale Global Solution Centre (SG GSC), a 100% owned subsidiary of European banking major Societe Generale (SG), Our role and purpose is to enable the strategic vision of Societe Generale Group. We are doing this by pioneering cutting edge innovation from Design Thinking to Smart Automation & Artificial Intelligence, and applying it to banking.


SG Global Solution Centre provides services in the areas of Application Development and Maintenance, Infrastructure Management, Business Process Management, and Knowledge Process Management, to Societe Generale's business lines around the world.




We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 20000BGL
Business unit: SG Global Solution Centre
Starting date: Immediate
Date of publication: 05/06/2020
Share on

Functional Expert-Valuations

Permanent contract   |   Bangalore   |   Corporate Finance / Accounting