Vice President/Assistant Vice President - Valuation - Independent Price Verification/Global Valuations Group

Description:

Responsibilities:

- Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for Fair Value Hierarchy levelling.

- Demonstrate strong SME knowledge with the ability to operate with end-to-end accountability.

- Working with the Global Valuation Group to ensure ongoing review & enhancement of valuation control methodologies and practices.

- Provide strong technical leadership on independent valuation principles.

- Strong understanding of traders risk positions and valuation principles, own the end-to-end desk communication and challenge process for GBAM Finance.

- Timely identification and escalation of red flags to Business Finance and Control leads and other independent stakeholders.

- Drive solid supervisory reviews and governance around implementation of the valuation framework.

- Work closely with the trading desks on valuation issues and valuation differences.

- Lead conversations with Front office with respect to IPV variances, changes in valuation adjustments etc.

- Assist with execution of month-end controls and supervisory review routines pertaining to valuation control.

- Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.

- Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries and enable the business and be Accurate & well controlled across deliverables.

- Ensure audit readiness and compliance for the function as required by business finance policies, guidelines, and regulatory requirements.

- Active participation and collaboration with global teams on regulatory topics pertaining to valuation of assets.

- Act as a catalyst in the execution of global strategic technology projects impacting valuations.

- Develop, standardize & continuous improvement of existing processes & workflow.

- Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

- Be pro-active and engage control partners/ technology to identify and mitigate operational risks.