EMEA Equities Valuation Control Supervisor - VP

Vice President, EMEA Equities Valuation Control

Job Background/context and Purpose:

The Valuation Control Group (VCG) is responsible for reviewing and reporting fair value inventory consistently across all asset classes. Main responsibilities include:

• IPV (Independent Price Verification)
• Fair Value Adjustments (Bid-Offer, Model, Trade Specific)
• FVH Levelling
• Prudent Valuation
• Valuation Uncertainty
• New Trade/Product Approvals and New Model Approvals
• Overhedges governance
• External, Internal and Regulatory Audits
• MI reporting
• A wide range of projects.

The role requires close partnership with multiple stakeholders – trading, sales, MQA, business management, market risk, RWA and capital optimisation team, product control, legal entity controllers, IT, Internal and External Audit, regulatory bodies, data vendors, other asset classes counterparts, regional counterparts – spread across the globe.

The role will cover valuation control of the entire inventory held within the EMEA Equities and Hybrids business. And provides an excellent platform to learn Equity and Hybrids markets, meaning a one stop shop to learn all the asset classes. In addition, it provides exposure to learn and deliver on several fronts – cross-asset product and valuation knowledge, data science and automation, global projects, leadership and management and much more. 

What are we looking for?

• 5-7 years’ experience in a valuation, risk or product control related discipline
• A Bachelor’s or Master’s degree in any finance, economics or quantitative related subject.
• Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
• Knowledge of financial products including derivatives including how different market regimes present Fair Value challenges such as severe market downturn during Covid
• Interest in the financial markets and the corresponding regulatory landscape
• Desirable: Knowledge of Overhedging techniques, interest in data science, experience of using data analytics tools such as KNIME, Power BI, Alteryx

Who are we looking for?

• Keenly interested in the valuation of derivatives and strengthening risk and control framework
• A team player who embraces knowledge sharing within the team and helps to establish and maintain a high-performance culture in the team
• Actively seeks opportunities for improvement, automation, sources of new ideas and approaches leading to performance improvement
• Enjoys working with people and can influence, motivate and establish partnerships with stakeholders to drive progress
• Ability to work independently and resolve unstructured problems

The team and the overall function have a great record of successful career trajectories.

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