Associate Director - Valuations Control

- Independently verify the valuation of the Bank's equity derivative, Forex, Rates, Credit and other trading portfolios

- independently verify the valuation of the Bank's collateral positions

- ensure that adequate provisions are booked to cover primary and consequential risks

- report on the accuracy of reserves and valuations to senior management

- develop improved testing and analysis processes, based on understanding of the business and positions

- ensure global consistency between regional control groups, and collate, review, and report upon their results

- interpret the impact of accounting policy changes on the Equities portfolio and monitor compliance with accounting policies

The controllers in this team will be responsible for testing involving a variety of portfolios comprising of cash equities, vanilla and exotic options, swaps, ETD- s, convertible bonds, FX & IR derivatives, Credit bonds & Derivatives and a wide variety of structured products. They will also be integral in the identification and resolution of global valuation related issues ranging from those originating within the organization and from external regulatory bodies