Structured Rate Valuations AVP/VP

  • Market Rate
  • Londres, Angleterre, Royaume-Uni
  • CDI, Plein-temps
  • Maze Executive Search & Selection
  • 14 août 17

Our client is a leading Investment Bank looking for an AVP/VP to join their Structured Rates Valuations team.

Responsibilities:

 

  • The products covered within this role will include management of linear and nonlinear interest rate and foreign exchange derivatives and hybrids
  • Project work focused on developing and implementing and enhancing prudent valuation and mark review methodologies as well as systems and functionality enhancements
  • Production, reporting and presentation of the monthly prudent valuation capital charge, ensuring valuation uncertainty is appropriately capitalised in accordance with regulatory technical standards
  • Production, reporting and presentation of the monthly fair value mark review, ensuring positions are marked correctly in the firm's books and records.
  • Gain a full understanding of the products traded by the desk and their marking/valuation adjustment methodologies
  • Documented reviews of the valuation uncertainty, modelling and parameter valuation/mark review methodologies of significant new transactions for presentation to management
  • Mark review and prudent valuation methodology documentation
  • Regular contact with product control management during the month end mark review process
  • Interaction with the business unit during the monthly mark review process
  • Resource prioritisation and efficiency by challenging processes and procedures

 

Requirements:

  • Strong analytical / quantitative and qualitative skills and should have the ability to develop methodologies to capture valuation uncertainty and to challenge valuation methodologies proposed by the business unit
  • The successful candidate will need drive, determination and have an ability to work under pressure and to tight monthly deadlines
  • The ability to develop strong internal client relationships - Excellent academics including a good degree (or equivalent) in a highly numerate subject and good A level (or equivalent) results are required to be able to manage the product technical complexity of this area
  • Derivatives knowledge/experience highly beneficial
  • They should also have self-confidence, have good communication skills and be a strong team player as it is important to interact successfully with the broader control function and business unit
  • Prior work experience within a product control, valuations or market risk function preferred