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
Employment type
Job function
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.
#J-18808-Ljbffr