Job Background/Context:
The Valuation Control Group (VCG) is an independent global group within Product Control responsible for reviewing and reporting fair value inventory consistently across all asset classes.
Key Responsibilities:
Primary Responsibility
- Responsibility for all aspects of valuation control of the business, including validation of market data inputs, reporting and analysis.
- Producing and implementing methodologies / procedures for valuation adjustments and price testing across the business, with particular attention to the design of controls.
- Ensuring timely remediation of regulatory matters requiring attention, audit findings and associated reporting demands associated with the area of responsibility.
- Development of appropriate controls to effectively ensure compliance with Policies and Standards pertaining to Valuation Control.
- Acting as first point of escalation with regards to any discrepancies and price variance breaches
- Identifying pricing issues, valuation parameters or instrument types that may require particular attention with critical analysis of the valuation issues involved
- Take a leading role in global, cross-functional projects
People Management and Leadership
- Leadership and accountability for parts of NAM Equities Valuations
- Acting as a business partner to the Business, Risk, Compliance and Finance
- Managing / developing offshore team
Control Framework
- Enhancement and effective management of the VCG control and governance framework associated with the NAM Equities Business
Knowledge/Experience:
- 5-7 years’ experience in a valuation, risk or product control related discipline
- Strong understanding of current global accounting and regulatory developments pertaining to valuation of financial instruments
- Ability to understand complex concepts and effectively challenge peers in Finance, Risk and the Business
- Strong communication skills, both written and oral
Skills:
- Ability to manage time and work priorities efficiently and effectively
- Ability to perform within a time pressurized environment
- Understanding how to design and maintain a robust control framework
- Understanding of cash and derivative valuation methodologies in at least one Asset class
- Hands-on experience of implementing new or enhancing existing valuation methodologies
- Working with other stakeholders in driving change
- An understanding of accounting for fair-valued instruments, with a focus on complex / exotic derivatives
- Excellent people management skills with the ability to train and develop a team
- Ability to communicate effectively, both written and verbal
- Hands-on. Have a good eye for detail, but also be able to communicate to seniors in a succinct/clear fashion
- Project Management experience is a plus
- Advance Excel and MS Office
Competencies
- A proven track record of execution skills
- Ability to work well in a teams (actual and matrix)
- Ability to influence individuals outside of core management hierarchy
- Self-motivated and innovative
- Ability to prioritize to ensure deadlines are met
- Excellent interpersonal skills - able to deal with a range of senior/junior staff across a number of disciplines
Qualifications:
- A Bachelor’s or Master’s degree in any finance, economics or quantitative related subject.
Full timeNew York New York United States$129,840.00 - $194,760.00
Anticipated Posting Close Date:
Aug 14, 2024View the " " poster. View the .
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