Independent Price Verification Associate

Overview

Independent Price Verification Associate role safeguarding valuation integrity by performing IPV activities for NatWest Markets and other relevant entities, validating that Front Office traded instruments are accurately priced in line with approved models, methodologies and regulatory requirements.

What you'll do

• Operate and enhance controls, end user developed applications and IT systems used to record, process and manage IPV.
• Prepare management information (MI) used for managing the IPV service for NatWest Markets.
• Support ad-hoc activities related to new trades, deals or business changes that have an IPV impact, including managing stakeholders and influencing colleagues to achieve the right outcomes.
• Complete assigned IPV processes and, where required, review the work of peers or junior colleagues.
• Ensure controls operate effectively and that evidence is accurately documented, including providing appropriate oversight of junior team members.
• Produce MI, or data used in MI, in relation to the products covered.
• Check data integrity, investigate issues and escalate concerns to ensure timely remediation.
• Respond to stakeholder queries and challenges related to the products covered.
• Produce and enhance IPV, Prudent Valuation and associated processes on a daily, weekly and monthly basis.

What you'll need

• Strong Microsoft skills, including PowerPoint, Excel, Co-Pilot and supporting features such as SQL.
• Experience working with large data sets, including analysing trends and identifying issues.
• Understanding of products held on an investment bank's balance sheet, including exposure to one or more of derivatives across asset classes, foreign exchange products, bonds and repos.
• Experience working in a product control, IPV or similar function within a complex global bank.
• At least three years of experience and be a chartered accountant, hold an MBA, or have other recognised qualifications in finance.
• Strong knowledge of accounting and regulatory requirements impacting products such as derivatives.
• Deep understanding of basic statistical concepts and models.
• Experience in an MNC Financial service/consultancy firm OR Market data vendor firm experience.

Details

• Location: Gurugram.
• Hours: 45 per week.
• Job posting closing date: 09/11/2026.