Credit Derivatives Valuation Control VP

Overview

Global Investment Bank is currently looking for a credit derivatives valuation controller to join their London team. This role has been created through an internal move and is an ideal opportunity for a Valuation controller who is keen to work in a broader finance role for a high profile credit desk.

Responsibilities

• Present monthly credit valuation control results to the senior stakeholders including Risk Managers & Quant Strategic Group.
• Partner with product control to review and challenge valuation control results
• Liaise with Regulators and Auditors on their queries and exams regarding the valuation controls
• Ensure timely remediation of regulatory matters requiring attention, audit findings and associated reporting demands
• Maintain and set up proper governance framework and protocol to effectively report valuation risks
• Review and update the firm’s valuation control policy and guideline (and any other documentation owned by valuation methodology) to ensure accurate interpretation of regulatory requirements
• Develop appropriate governance, framework, and metrics for effective compliance with policies and regulatory expectations pertaining to valuation control
• Develop tactical and strategic solutions to improve the efficiency, consistency and accuracy of valuation control framework across all asset classes
• Work with Product control and Valuation Methodology and other groups as necessary, to ensure that the bank has a consistent valuation framework that meets both internal and external requirement
• Build and maintain relationships with other quantitative groups (e.g. QSG, MRM, Market Risk) to ensure adequate model governance
• Lead / contribute to project and initiatives to develop solutions for effective valuation control framework

Requirements

• Proven experience in a valuation control (IPV) role within Banking or Big 4 Consultancy covering a credit derivatives desk (Bonds, CDS, Index Options) – Essential
• Qualified Accountant – Ideal but not essential
• Proven experience of initiating and identifying areas of process improvements
• CFA or MSc Qualified

Details

• Hybrid flexible working environment with 3 days in the office
• Strong interpersonal skills for regular interaction with front office traders and stakeholders

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Industries

• Investment Banking
• Banking
• Financial Services

Note: This description focuses on the role responsibilities and requirements. It does not include non-essential company postings or extraneous job listings.

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