Fixed Income Rates IPV/Valuations recruitment
Main Duties
-To engage in m/e valuation (price testing) and reserve calculations for all Flow products.
-To engage with desk in business level discussion on above methodologies and discuss results. To be able to identify and improve current methodologies.
-To work on technical initiatives related both to risk enhancements, pnl attribution, system valuations to engage and drive these implementations framing to both controlling and business specifications.
-Have an excellent understanding of control environment to be able to drive any adhoc change projects
-Ability to engage and manage junior team members on a wider team on shared tasks and technical knowledge sharing.
-To support the wider team on BAU issues, involving accuracy of pnl and risk pnl attribution and valuation queries through technical techniques and explanations
Essential
-2:1 degree or equivalent
-Minimum BBB at A level or equivalent
-Derivative experience either in a prior product control or valuation role [Interest rate products preferred]
-If experience originates from other product classes should have transferable valuation skills that can be applicable to undertake m/e price testing reserving tasks
-Confident communicator who is experienced and confident in driving initiatives directly with business and senior management directly
-Ability to work closely and confidently with FO - a strong communicator who can direct business initiatives
-Strong understanding of controls
-Ability to build cross functional networks - understand various stakeholder needs within Investment banking environment
-Derivatives knowledge [particularly in interest rate derivative]
-Strong financial awareness
Strong ability to work on excel to rebuilt or streamline processes