VP - Valuation/Market Risk Management - Independent Price Verification

VP Market Risk Management

Market (Valuation) Risk Management: Valuations assigned to financial instruments play a key role in understanding our portfolio and enabling appropriate decisions to be made. Valuations feed into our accounts, are at the core of P/L, determine the calibration of models, and form a key part of risk assessment. Inaccurate valuations distort the decision making process, and so it is clear that controls ensuring appropriate valuations are an essential part of the firm's operations.

The opportunity:

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 XXX's Financial report) and reconciliation.

Measurement and monitoring of Market Risk, Stress-testing of assets, estimating risk impact of asset-liability mismatch.

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

Work in cross functional projects with Credit and Quantitative Risk Management groups within the FRM team.

Key Skills:

Background:

- Strong knowledge of financial products

- Knowledge of Finance (Risk management and/or trading)

- Strong knowledge of Excel; Access is an added advantage.

- Excellent verbal and written communication skills

- Self-motivated

To be successful in this role you will need:

Excellent analytical and critical thinking skills, very good excel, power point and general computer skills, very good written and verbal communication skills, good accounting skills, good problem solving capabilities.

Good in establishing clear direction and prioritization. Have excellent communication skills in English both written and verbal. Be an excellent team player, very good people skills, result orientated, good business partnering and influencing skills, dynamic professional, Client centricity, ability to challenge partners in a constructive way.