The role will cover valuation control of the inventory held within the Global Rates and Currencies business and will require strong communication skills and teamwork across multiple locations and departments.
VCG’s primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements.
It works with trading and quantitative groups to fully understand the impact of valuation uncertainty on the desk’s level of pricing and any accompanying fair value adjustments.
It also participates in the approval of new products, where appropriate.
Developing and carrying out price testing for derivatives on FX and interest rates markets.
Developing valuation adjustments methodologies and performing relevant calculations
Compilation of data to produce detailed Valuation reports for Desk Heads, Controllers and Risk summarizing the valuation control results across the Business
Ensuring appropriate regulatory reporting on monthly basis
Creating and maintaining relevant process documentation
Enhancing existing control framework by reviewing pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
Developing strong working relationships with the Desk, Finance, Audit, Quant and Market Risk partners throughout the firm
Ad-hoc projects that arise relating to further streamlining (or retirement) of existing systems or assisting in the introduction of new systems
Performing ad hoc analysis on any new pricing issues
A degree in Finance or in a quantitative discipline, such as Mathematics, Physics, Engineering etc. or
Experience in a finance, valuation, market risk or product control related function, covering a major asset class (FX, equities, rates, commodities, etc.)
2-5 years of relevant experience
Consistently demonstrates clear and concise written and verbal communication
Bachelor’s degree / University degree or equivalent experience
process orientation, professionalism,
Ability to work effectively in situations requiring analytical, interpretive, and problem solving techniques
Strong interpersonal and verbal / written communication skills
Strong team working skills
Positive and dynamic attitude to work
Ability to work as part of and contribute to a multi-location Team.
Development Value :
Learn dependencies between systems across the different asset classes.
Work in international environment facing seniors from internal stakeholders including Business, Market Risk, Product Control and others departments
Exposure to a complex and fast-paced challenging control environment
Extensive opportunities to excel project management skills
This is a fixed-term contract for 12 months
Grade : All Job Level - All Job FunctionsAll Job Level - All Job Functions - PL
Time Type :
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