IN-Manager_Financial Instruments Valuations_Transaction Services _Advisory_ Mumbai

PwC; Mumbai City; On-site; INR 2,800,000 - 4,600,000; Full time

Job summary

PwC in Mumbai seeks a Manager for its Valuation Advisory practice to lead valuations of financial instruments, derivatives and complex securities. You will manage client engagements across financial reporting, transactions, regulatory and audit-support requirements, independently handling valuation engagements and coordinating with clients and auditors.

The role demands strong technical valuation knowledge, quantitative modelling ability, and the capability to communicate complex valuation

Responsibilities

• Lead financial instruments valuation engagements from scoping to final delivery, including work planning, data requests, model development/review, documentation, quality control and timeline management.
• Act as the day-to-day point of contact for clients, auditors and internal stakeholders on valuation matters.
• Interact with clients, auditors, regulators and internal stakeholders on valuation methodologies, assumptions and conclusions.
• Present valuation methodologies, assumptions, sensitivities and conclusions clearly to client management, audit teams and other reviewers.
• Manage multiple engagements simultaneously while ensuring high-quality delivery, risk management and adherence to professional standards.
• Identify key valuation issues early, escape appropriately, and provide practical solutions to clients.

Job description

Job Description & Summary

Line of Service Advisory Industry/Sector Not Applicable Specialism Deals Management Level Manager Job Description & Summary At PwC, our people in deals focus on providing strategic advice and support to clients in areas such as mergers and acquisitions, divestitures, and restructuring. They help clients navigate complex transactions and maximise value in their business deals.

In deal valuation at PwC, you will focus on providing analysis and valuation services for mergers, acquisitions, and other financial transactions. You will help clients make informed decisions by assessing the worth and potential risks of various deals.

Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.

We are looking for a Manager to join the Valuation Advisory practice, specializing in the valuation of financial instruments, derivatives and complex securities. The role will involve leading client engagements across financial reporting, transactions, regulatory and audit-support requirements. The candidate will independently manage valuation engagements for financial instruments, build and review valuation models, develop defensible valuation conclusions, prepare high-quality documentation, manage client and auditor discussions, and coach junior team members. The role requires strong technical valuation knowledge, quantitative modelling ability, commercial judgment and the ability to communicate complex valuation matters clearly to senior stakeholders.

Responsibilities

Engagement Management and Client Delivery

• Lead financial instruments valuation engagements from scoping to final delivery, including work planning, data requests, model development/review, documentation, quality control and timeline management.
• Act as the day-to-day point of contact for clients, auditors and internal stakeholders on valuation matters.
• Interact with clients, auditors, regulators and internal stakeholders on valuation methodologies, assumptions and conclusions.
• Present valuation methodologies, assumptions, sensitivities and conclusions clearly to client management, audit teams and other reviewers.
• Manage multiple engagements simultaneously while ensuring high-quality delivery, risk management and adherence to professional standards.
• Identify key valuation issues early, escape appropriately, and provide practical solutions to clients.

Financial Instruments and Complex Securities Valuation

Perform and review valuations of a wide range of financial instruments and complex securities, including:

• Derivatives such as swaps, forwards, futures, options, structured options and embedded derivatives, vanilla & exotic derivatives.
• Fixed income and structured debt instruments, including NCDs, convertible debt, CCDs, optionally convertible instruments, contingent debt and hybrid instruments.
• Equity-linked and private-company securities such as CCPS, preference shares, warrants, SAFE notes, convertible instruments and earn-out arrangements.
• Employee and management incentive instruments such as ESOPs, RSUs, SARs, PSUs and management incentive plans.
• Contingent consideration, put/call arrangements, guarantees and other transaction-linked instruments.
• Structured products and complex capital structures, where applicable.

Advanced Modelling and Quantitative Analysis

Build, review and validate valuation models using methodologies such as:

• Black-Scholes option pricing
• Binomial / trinomial lattice models
• Monte Carlo simulation
• Option Pricing Method and OPM Backsolve
• PWERM and scenario-based methods
• Discounted cash flow and yield-based approaches
• Waterfall and equity allocation models
• CVA / DVA and credit-risk adjustments
• Estimate and benchmark valuation inputs such as volatility, correlation, risk-free rates, credit spreads, discount rates, DLOM, expected term, time to liquidity and market-