AVP/VP | Valuation Control | Quantitative | SEA – Singapore recruitment
Leading European Bank seeks Senior Valuation Control manager for its APAC Emerging Markets FX, Interest Rate and Credit desk business. Candidate will also be valued as a senior player of the team.
The main function of this role will be to independently assess the valuation of FX/Rates/Credit products within the respective Global Markets business. Additional responsibilities would be the calculation and assessment of market and model reserves in light of known model deficiencies.
Key Roles Responsibilities
• Responsible for the independent valuation at month-end of FX/Rates/Credit products using multiple external vendor services pricing..
• Providing timely information to the relevant product controller on the impacts to their books.
• Calculation and analysis of reserves.
• Analysis of model deficiencies.
• Production of monthly pack which clearly states the over or undervaluation as compared to Front office.
• Review and implement Independent Pricing methodologies.
• Ensure all trades are marked to fair value.
• Identify pricing issues for complex derivative trades.
• Establish best practice valuation techniques.
Requirements:
• Extensive experience in IPV/Valuation Control with working experience in a leading bank
• Financial Engineering background OR Masters degree in a quantitative subject.
• Ability to work under constant pressure to tight deadlines and deliver high quality output.
• Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally.
• Analytical and challenging mindset
• Open to considering Ex-traders/Structurers who are keen to move into an analytical Valuations Control position
Please apply to qrfsing@selbyjennings.com