Valuation Risk Analyst - Reinsurance Firm

About the role:

- Perform Independent Price Verification [IPV] on various asset classes.

- Analyze valuation signals from market, vendors, brokers, and/or counter parties. 

- Identify and assessing valuation risks with respect to materiality, complexity (e.g. models versus market prices) 

- Prepare final reports for Pricing and Valuation Committee and Senior RiskCo, reporting overall IPV control on MoM basis IPV Population control (matching IPV population with Organizational Financial report) and reconciliation 

- Support enhancements of existing IPV processes, tools, methodologies to ensure robust control environment.

About You - 

1. Candidate should be B.Tech/Engineering/Mathematics degree with MBA-Finance/FRM/CFA with 5-8 years' experience in the valuation's space /product control/market risk/relevant functions. Experience of producing detailed analysis reports on monthly basis or on demand basis with tight deadlines and clearly communicating the result to senior management.

2. The ideal person would have a thorough understand the valuation inputs and methods for the assets under coverage.

3. Perform the independent price verification (IPV) process to determine whether assets are valued correctly and determine whether valuation adjustments are required for external balance sheet reporting.

4. Hands on with coding in VBA, R, Python, Matlab is preferable.

5. Prepare stakeholder reports to simply and effectively communicate IPV results and valuation risk observations. Assist and oversee monthly control and reconciliation processes.

6. Provide support for enhancements of existing IPV processes, tools, methodologies to ensure robust control environment.

7. Detailed knowledge of financial instrument valuation and risks measurement in a complex product area, with regards to derivatives and fixed income securities and experience in valuation of the illiquid investments like private placements and private equity is given preference.

8. Hands on experience with Bloomberg in key markets data sets & using pricing functions.