Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that ensures integrity and control over all aspects of the valuation of the Bank's trading portfolios
Job Summary
Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that ensures integrity and control over all aspects of the valuation of the Bank's trading portfolios.
Key responsibilities include performing IPV, FVA reserves, Fair Value Hierarchy levelling, Day1 PNL assessment, and Prudential Valuations calculations for various financial products.
The role offers a comprehensive benefits package including best-in-class leave policy, gender-neutral parental leaves, and flexible working arrangements.
Matching Summary
Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that ensures integrity and control over all aspects of the valuation of the Bank's trading portfolios.
Skills & Requirements
Must-have
Valuation control
Independent Price Verification (IPV)
Fair Value Adjustments (FVA)
Prudential Valuations (Pruvals)
Derivative and structured financing trades
Market data providers
Nice-to-have
Team extension model
Flexible working arrangements
Continuous learning culture
Collaborative work environment
Key Requirements
Several years of experience in Valuation / Market Risk
In-depth knowledge of Credit, Rates, or Currency markets
Specific exposure to IPV, reserving, pricing and modelling
Good working knowledge of Excel, VBA and possibly Python