VP, Interest Rates IPV recruitment
They are looking for an individual from an accounting/MSc background with strong Rates IPV experience, who can demonstrate good technical knowledge as well as the ability to mentor and lead a team. It is also crucial that the candidate has experience of reporting results into senior management.
Responsibilities:
• Independent valuation of the firm's interest rate products in the primary and secondary trading business units. Products covered include bonds, interest rate swaps, inflation swaps, options, hybrids and other complex interest rate products.
• Pre-approving the valuation methodologies
• Testing adherence to such methodologies
• Comparing the desk marks to external marks/benchmarks
• Performing valuation analyses where transparent pricing is not available
• Identifying and resolving potential pricing discrepancies and providing a valuation summary assessment to senior management.
• Continuous advancement and enhancements of the valuation control infrastructure with a view towards global standardisation.
Experience/Skills required:
• Excellent academics including the equivalent of a degree in a numerate subject and good A level results (including maths)
• An accounting or product technical qualification would be an advantage.
• IPV methodology and derivative product valuation knowledge.
• Process change infrastructure (automation) improvement experience gained in a similar investment banking environment.
• Effective team and people management skills.
• They should also have self-confidence, good communication skills and be a strong team player