IPV Risk recruitment
This team is responsible for the independent valuation control of all trading assets and liabilities in the bank. More specifically, the mandate of this role is to enhance the transparency and accuracy of complex valuations reporting and resolution. This is achieved by depth of analysis as well as process and infrastructure re-engineering.
This is a fantastic opportunity for someone with a passion for price testing to join a dynamic and forward thinking team who expect and encourage the input and development of its members.
Responsibilities of the role are split into three categories:
Valuation Risk Analysis:
• Present an overall view of the valuation risks
• With the help of the directors, prioritise material issues, document them, articulate a resolution plan, and track progress
• Constantly enhance the valuation assessment framework by proposing / gathering new ideas
Reporting:
• Manage the quarterly data collection process
• Produce required suite of reports within deadlines
• Provide support to Risk Partners in providing trade level breakdown and analysis of key Level 3 items and movements
• Use innovative reporting techniques to focus on new specific problems and actions
• Provide weekly updated metrics on progress and open issues
Continuous Improvement and Innovation:
• Highlight synergies between our group and other department’s toolset
• Produce feasibility studies on new ideas
You MUST have a background in valuation control or product control with a solid working knowledge of IPV testing.