Global Investment Bank is looking ot add a candidate to their Valuation Review Group.
This person will be responsible for the review of a broad range of products including investments, loans and credit and interest rate products. This role is well suited for candidates interested in gaining an in depth understanding of a variety of complex products and a detailed understanding of product valuation. The key responsibility of this role involves reviewing position level valuations to ensure that the holding value reflects fair value on the firm’s books.
The candidate will be responsible for monthly mark reviews for specific trading desks and products. This includes verification of compliance with desk marking methodology and performing an independent mark review assessment, they will also be responsible for verification of the model type and model scope used to value the complex trade. The candidate will work closely with controllers, traders and analytic modeling group to follow up on any questions or issues raised in the code review process. In addition to being responsible for tracking changes made to payoff code or model inputs, the individual will be responsible for reviewing these changes and following up on any issues resulting from these changes. The individual will document and report complex trade metrics monthly. This involves tracking new, expired, outstanding, and reviewed trades.
Requirements include a Bachelor’s Degree in finance, computer science, or a quantitative discipline. Certification and/or advanced degree such as MBA, MS, CFA or CPA preferred. Experience in financial services industry. Possible previous experience: Controller generating daily P&L for a derivatives desk, auditor with derivatives experience, or derivatives risk analyst. Familiarity with derivatives and structured products Understanding and interest in derivative products: booking, valuation, and risk. Capable of understanding and interpreting technical documentation on new products and models. Strong Analytical / Quantitative skills.
For immediate consideration please reference Job# JCK505 and submit resume in Word format to: ian@comprehensiverecruiting.com
A
trade automation, connectivity and compliance solution, the SunGard
Transaction Network (STN) links institutions throughout the financial
services community to facilitate end-to-end transaction processing.
With
more than 4,500 client firms in 60 countries managing more than $12
trillion, Advent has established itself as a leading provider of
mission-critical applications for investment management operations of
all sizes and strategies.
QUMAS
is a global compliance software company offering a complete Enterprise
Governance, Risk and Compliance solution with over 250 customer
deployments.
Belzberg
Technologies has been at the forefront of the electronic trading
evolution from the very beginning, and continues to provide world-class
service, execution and technology to the securities industry.
