Valuation Methodology Specialist- AVP
The role will involve frequent liaison with Front Office Trading, the IPV teams, Finance Directors as well as consultation with Market Risk Management, Model Risk Analytics and the Accounting Policy Advisory Group, as appropriate.
Responsibilities:
• Providing technical assistance and support on current market Valuation Issues e.g. CVA (credit valuation adjustment), secured and unsecured derivative discounting, valuation risk/uncertainty and Fair Value Hierarchy classifications.
• The team is involved in Model Control, i.e. the review of valuation models from a Finance perspective. As such the team develops calculations for model deficiency and/or model uncertainty fair value adjustments in response to model review findings.
• Governance of reserving and IPV (Independent price verification) methodologies relating to specific businesses/asset classes as well as for macro valuation items crossing the breadth of the IB's portfolio.
• Support for Global IPV teams, developing new or complex IPV and Fair Value Adjustment Methodologies where necessary; ownership and maintenance of the Valuation Policy Framework.
• Ensuring global compliance to policy through a global quality assurance programme.
Our client is a major investment bank requiring a Valuation Methodology Specialist - AVP based in Canary Wharf.
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