IPV VP / Director recruitment
The Specialist valuations group acts as a global centre of excellence on valuation issues across the full suite of products traded by this Tier 1 Bank in various locations. The main focus of the team is on methodology and its application globally across products.
The role:
- Providing technical assistance and support on current market Valuation Issues e.g. CVA, secured and unsecured derivative discounting, and Fair Value Hierarchy classifications.
- Methodology also inputs into the review of valuation models from a Finance perspective, including the quantification of model reserves and of model uncertainty as appropriate.
- Governance of reserving and IPV methodologies.
- The development of IPV and Fair Value Adjustment Methodologies including the Valuation Policy Framework.
- Ensuring global compliance to policy through a global quality assurance programme
Candidates welcome to apply:
- A relevant MSc and / or PhD would be useful
- Certificate in Quantitative Finance or other financial mathematics qualification would be a plus
- Accountancy qualifications are desirable but not essential.
- Experience in an Investment Bank, working in a relevant control function (Product Control, IPV, Risk Control). Front Office experience, although less directly relevant, will also be considered.
- Strong analytical skills and a proven track record at problem solving.
- Working knowledge or derivatives pricing models.
- Strong product knowledge in at least one major asset class. This must include an understanding of both theoretical model related valuation issues as well as practical issues faced in implementation including current market practice.
- Experience of the IPV, including the price-testing and reserving of unobservable or illiquid valuation parameters, i.e. the need for a pragmatic approach that can bridge the gap between theory and practice, producing a quantification of the valuation uncertainty.
- Strong data analysis skills acquired, for example, through research in an experimental science.
- Technical skills (e.g. use of Excel and Analytic libraries to prototype new processes) would be useful.
- Experience of managing small teams and projects through to completion.
- Excellent written and verbal communication skills – an ability to deal with a number of different areas within the Bank to achieve prompt resolution of issues.
If you would like to apply for the role of IPV VP / Director or find out more, please apply online or contact Anna Purves at Robert Walters on anna.purves@robertwalters.com or call quoting the reference 1617320/APC
March 10, 2012
• Tags: Accounting & Finance careers in the UK, Director recruitment, IPV VP • Posted in: Financial