Equity Independent Valuations – VP recruitment
The group is responsible for dealing with valuation related issues arising with the firms trading portfolio. The group liaises with front office and risk management teams on valuation issues for existing and new trades and model-related issues.
They are looking for someone with strong academics and experience in a quantitative role perhaps in model validation, pricing or an IPV role.
Responsibilities include:
- Price testing to consensus, exchange, broker, or other data of pricing inputs and model outputs for equity derivative products
- Calculation of applicable fair value / model reserves for equity derivative products
- Development of new price testing methods and model reserves
- Investigation of pricing / model uncertainty in methodology and parameters used
- Dealing with product control, risk management and quantitative departments on valuation and modelling issues
- Discussing price testing results, fair value and model reserves, general modelling issues / uncertainties with front office and reporting on suitability for specific products / markets
- Significant involvement in ad hoc projects / investigations
Skills required:
- Previous derivatives experience (preferably equities) in a valuations or technical product control role
- Strong product and market knowledge in relation to derivatives and related valuation / risk management issues
- BSc/MSc in quantitative discipline
- Strong IT skills (preferred exposure to some VBA or other programming)
- Ability to work independently to resolve unstructured problems
- Ability to interact confidently with FO and other quantitative departments of the bank in discussing pricing and modelling issues
- Excellent presentation and communication skills
- Ability to clearly present arguments and defend views under challenge from others
If you would like to apply for this role or find out more, please apply online or contact Anna Purves at Robert Walters on anna.purves@robertwalters.com quoting the reference 1568710/APC
February 1, 2012
• Tags: Accounting & Finance careers in the UK, Equity Independent Valuations – VP recruitment • Posted in: Financial