FX / IR Independent Price Verification – AVP recruitment
My client is looking for a very talented individual to sit within their well-respected IPV team covering specifically FX and IR products. You will work on the development of IPV (Independent Price Verification) and Fair Value Adjustment Methodologies including the Valuation Policy Framework. You will also work with the wider group on the governance of reserving and IPV methodologies.
This is a great opportunity for someone with a strong academic background who likes working on technical projects and someone who likes working closely with the business.
Responsibilities include:
- The candidate will be involved in methodology issues primarily related to the development of IPV and model related Fair Value Adjustments for a) Foreign Exchange (FX) products and b) Counterparty Valuation Adjustment.
- The team works closely with Finance Directors for the various businesses, Front Office Trading, other IPV teams as well as consulting with Credit Risk, Market Risk Management, and other finance groups.
- You will provide technical assistance and support on current market valuation issues such as Fair Value Adjustments, Counterparty Valuation Adjustments, secured and unsecured derivative discounting and Fair Value Hierarchy classifications.
Skills required:
- Excellent written and verbal communication skills
- Knowledge of FX and/or IR derivatives pricing models.
- Strong analytical skills and a proven track record at problem solving.
- Strong data analysis skills.
- Information Technology competency (e.g. excellent use of Excel and VBA for setting up and developing processes) is essential.
- Experience of using market data providers (e.g Bloomberg, Reuters, Markit) preferred
If you would like to apply for this role or find out more, please apply online or contact Anna Purves at Robert Walters on 0207 509 8745 or anna.purves@robertwalters.com quoting the Job Reference 1642140/APC