Valuation Metholodigy Analyst- IPV/Quant recruitment
This is a specialist team that will sit within product control and the team performs the following functions from a Product Control perspective -
drive improvements to global model governance
development of a reporting and control framework around model risk
oversight and sign -off of complex valuation controls.
The team also provides a technical consultancy service to Product Control.
the role requires focus on a global rates and FX and development of controls in this specifice area.
The succesful candidate must be an excellent realtionship builder as will be dealing with key senior business partners, in particular Front Office and Risk and the wider Product Control Group.
MAIN DUTIES - Responsibility will be to review and drive improvements to key valuation controls
- Model Risk Analysis
-portfolio valuation and model calibration
- fair valuation adjustment methodology
- Trade approval/booking review
- IPV
The candidate will also be participating in submissions to the global valuations committee and various other presentations so must be an excellent communicator and therefore has to have in depth understanding of derivatives and valuations models and control frameworks and the ability to explain this confidently and influence senior colleagues.
5 years banking a must and a preferred 5 yers within quantitative control function