Valuation Analyst recruitment
A new role has opened in one of the world's leading investment banks as a Valuation Analyst as part of the Valuation Risk Group. You will be involved in working on issues relating to Credit and Emerging Markets but willingness to perform cross-cluster work in Valuation Risk Group is important. You will need, quantitative skills, solid coding experience, great interpersonal skills and to be an excellent team player.
Key Responsibilities
- You will be part of the Valuation Risk Group. Valuation Risk Group is a technical support and valuation governance group within Product Control, which addresses complex valuation issues and management reporting across businesses within the Investment Bank.
- You will primarily be involved in working on issues relating to Credit and Emerging Markets but willingness to perform cross-cluster work in Valuation Risk Group is important.
- Consideration of complex valuations and appropriateness of booking methodologies
- Participation in the product valuation governance process
- Collaboration with Senior Management, Risk Management and Model Development to highlight valuation risks inherent in current methodologies
- Design/evaluation of valuation adjustments and calibration methodologies
- Reporting of valuation issues
- Review and implementation of independent price testing methodologies
- Model Reviews
- Review of Price-Testing methodologies
- Review of Price-Testing impact tolerance ranges
- Valuation Adjustments and Governance Policy and Reporting
- Divisional Overview
Skills
- Excellent academic references up to and including Masters degree in relevant Quantitative (mathematically focussed) discipline or equivalent
- Solid experience in Valuations and a quantitative role.
- Good understanding of derivatives, including knowledge of more complex and exotic products.
- Good understanding of pricing methodologies.
- Strong analytical and mathematical skills
- Understanding of modelling concepts (Numerical modelling, Monte Carlo) and issues in Stochastic Calculus.
- Strong Excel and VBA Skills are essential.
You will have all of the necessary criteria listed above as well as being a driven, highly analytical and target driven person who is keen to constantly improve and impress. You will be able to work well in a team as well as autonomously and as a result will be offered a great role as a Valuation Risk Analyst in a fantastic institution.
