If you are looking for a role in the Valuation Control Group Emerging Markets team, you are in the right place!
Valuation Control Group covers a broad range of products across the entire liquidity spectrum. With core valuation processes largely delivered through dedicated technology and quantitative research resources, the team focusses on insightful analysis leveraging multiple market data sources through advanced analytics platforms.
As a Vice President of Corporate Controller within the Valuation Control Group Emerging Markets team, you will oversee all elements of the valuation control framework for the Europe, Middle East, Africa, and Latin America non-linear portfolios. This includes independent price verification, valuation and prudent valuation adjustments, stress valuation adjustments, and fair value measurement. Your work will encompass a broad range of Interest Rates products, with a primary focus on Interest Rates Volatility Products. If you possess a solid understanding and keen interest in financial markets, coupled with robust analytical skills and a readiness to contribute as part of a high-performing team, we encourage you to apply.
Job Responsibilities
Be responsible for all aspects of the valuation control framework for the EMEA and LATAM non-linear portfolios, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement. Review complex transactions associated with the Emerging Markets business, challenging the trading business to ensure appropriate constraints/controls in place. Identify emerging valuation risks and drive methodology enhancements to ensure valuation controls accurately capture market dynamics and opportunities to enhance control efficiency Partner with Quantitative Research and Model Review Groups to assess limitations in trading models and implement compensating controls and model limitation adjustments. Own the relationship with Front Office and key Finance, Technology and Risk partners providing value add analysis on month-end results, illiquid and concentrated valuation positions, revenue from new deals and complex transactions and new products Partner and participate in projects within the group and the wider Finance organization together with Front Office, Quality Reporting and Technology and participate in regulatory exams and address bank’s regulators inquiries
Required Qualifications, Capabilities, and Skills
7+ years of experience in financial industry or relevant experience Interest Rates markets and products experience is mandatory. Must have quantitative aptitude and keen interest in financial markets and products. Keen interest in developing and coaching a diverse team a must Critical thinker with sound judgement and ability to challenge constructively Curious personality; inclusive; detail oriented; Always looking to improve. Strong communication skills and ability to synthesize complex subjects; Good at multi-tasking and prioritization Basic Microsoft Office & strong Excel skills are required
Preferred Qualifications, Capabilities, and Skills
Understanding of or training in financial products or derivatives pricing preferred Knowledge of data science (. Machine learning), analytics platform (. Alteryx) and data visualization tool (. Tableau) will be advantageous