Assistant Vice President - Valuation - BFS

Valuation Control responsibilities as a function are met. These include :

- Responsibility for the independent valuation at month-end of all assets and liabilities using multiple external vendor services pricing.

- Providing timely information to the relevant product controller on the impacts to their books.

- Conducting reviews of significant deals.

- Calculation and analysis of reserves.

- Analysis of model deficiencies.

- Production of a monthly pack which clearly states the over or undervaluation as compared to front office.

- Review and implement Independent Pricing methodologies.

- Ensure ALL trades are marked to fair value.

- Identify pricing issues for complex derivative trades.

- Establish best practice valuation techniques.

- Ensure a robust and optimized Prudential Valuation Framework.

- A first-class finance / Valuation Control division, which continually seeks to challenge and improve standards.

- Driving closer alignment between Product Control and Valuation control.

- The positioning of Valuation Control as a more business-focused function with a strong understanding of the business and its drivers.

- A strong internal control environment, which will ensure the business continues to grow in a stable and well-controlled manner.