Exotic Interest Rates IPV VP
Leading global Investment Bank is looking for a strong Rates Exotic IPV Controller to sit within the Valuation Control Group on a initial six month Contract. The Product Mix is very broad and will cover vanilla to highly Exotic Interest Rate Derivates, hence we require a candidate with SME knowledge of Exotic Rates
Responsibilities:
- Play a central role in providing month end prices to the Totem Service on a wide range of products, with particular focus on Rates Exotics Products (Bermudan, Swaptions, Quanto structures, spread option trades, YCSOs, Midcurves, Volbonds, Snowballs, TARNs)
- Follow Interest Rate Markets closely and ensure that reserves, PL and Market moves can be triangulated on a regular basis.
- Ongoing monitoring of risk exposures, concentrations and market activity across the business to understand impact on reserves and parameters calibration in the book.
- Driving efficient execution of key processes around reserve Substation Reporting, PL analysis and independent price verification.
Requirements
- Strong existing Knowledge of Exotic Interest Rate Products/ Markets and Derivative products in general, including Derivative pricing, Risk and Valuation.
- Proven IPV experience or will also consider candidates from Front Office and Quant profiles if they hold a previous controls background
- Track record of dealing with Front Office and coordinating with wide variety of other control groups.
- Mathematical/Quantitative Academic Background, e.g. CFA, CQF or MSc in a Mathematical subject.
The Valuation Control Group is high profile department, with regular Front Office Interaction. Thus the candidate is required to have strong interpersonal skills and be able to communicate effectively at all levels.
McGregor Boyall is an equal opportunity employer and do not discriminate based on race, religion, gender, age, sexuality, gender identification, or physical ability.
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