EY Manager & Senior - Derivatives ECL Audit Valuation 

Pakistan, Sindh, Karachi 

593616548

Key Responsibilities:

• Ensure accurate reporting of derivatives and hedge transactions, including interest rate swaps, FX and currency swaps, credit default swaps, and other complex financial instruments.
• Provide expertise in valuing various financial instruments, such as corporate bonds, treasury bills, debt securities, loan interest, and equity securities.
• Assess and document hedge effectiveness for different types of hedges, including fair value hedges.
• Review and evaluate the valuation of complex financial instruments, including:

• Forward currency contracts, future contracts, FX spot, and forward deals

• Expected Credit Loss (ECL)

• Options, warrants, and share-based payments

• Fixed income securities and tranches

• Other derivatives, including Employee Stock Options (ESOPS)

• Total Shareholder Return (TSR) and Convertible Bonds

• Bonds with embedded options and Sukuk

• Derivative Strategies and Structured Derivatives

• Contingent consideration arrangements

• Simple Agreement for Future Equity (SAFE) notes

• Credit Linked Notes (CLN)

• Incremental Borrowing Rate (IBR)

• Develop and maintain complex financial models using techniques such as Monte Carlo simulation, Black-Derman-Toy model, lattice techniques, and finite difference methods.
• Ensure compliance with relevant accounting standards, including IFRS 9 (Financial Instruments) and IFRS 13 (Fair Value Measurement).
• Lead derivatives valuation engagements primarily for financial reporting, ensuring quality and timely delivery.
• Utilize advanced tools like Python, R, @Risk, VBA, and data sources such as Bloomberg, Refinitiv, and CapitalIQ.
• Stay updated on current business and economic trends, incorporating relevant information into valuation models and client engagements.
• Demonstrate strong written and verbal communication skills, presenting findings and recommendations to senior management and clients.
• Actively participate in process improvement, suggesting strategies to optimize workflows and enhance the efficiency of valuations and reporting.
• Manage a team of valuation professionals, overseeing project delivery, providing strategic direction, and ensuring continuous professional development for team members at all levels.

Skills and Attributes for Success:

• Technical Skills:

• Proficient in developing and maintaining complex financial models using Monte Carlo simulation, Black-Derman-Toy model, lattice techniques, and finite difference methods.

• Strong understanding of derivatives and hedge transactions.

• Knowledge of relevant accounting standards, including IFRS 9 and IFRS 13.

• Proficiency in programming languages such as Python and R.

• Experience with data analysis using Bloomberg, Refinitiv, and CapitalIQ.

• Soft Skills:

• Excellent written and verbal communication skills.

• Ability to mentor junior staff and enhance model creation.

• Strong analytical and problem-solving capabilities.

• Ability to work collaboratively with cross-functional teams.

• Proven project management and interpersonal skills.

• Competence in explaining complex financial concepts to non-technical stakeholders.

Qualifications:

• A postgraduate degree in Finance, Economics, Accounting (CA), or Business with 5+ years of relevant experience.
• At least 5 years of direct experience in valuation techniques and methodologies in a business valuation firm, venture capital, investment banking, or financial research.
• Experience in financial modeling, particularly in building models from scratch in MS Excel.

What We Offer:

• Continuous learning opportunities to develop skills for future challenges.
• Flexibility and tools to make a meaningful impact.
• Insights and coaching for transformative leadership.
• A diverse and inclusive culture that empowers individuals.