Assistant Vice President - Product Control Valuations

We are seeking an Assistant Vice President - Product Control Valuations to join our Product Control projects team. The successful candidate will be responsible for conducting accurate and timely valuations of financial instruments, establishing valuation methodologies, monitoring market conditions, and providing valuation insights to support financial reporting, risk management, and business decisions.

Key Responsibilities:

• Develop and maintain valuation methodologies for various financial instruments
• Manage the valuation process for the bank's trading portfolio
• Analyse market data to assess valuation inputs, assumptions, and potential valuation risks
• Prepare and review valuation reports, and support in preparing regulatory filings and financial statements
• Provide valuation insights to traders, risk professionals, and senior colleagues

Assistant Vice President Expectations:

• Advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness
• Lead a team performing complex tasks, using well-developed professional knowledge and skills
• Demonstrate leadership behaviours to create an environment for colleagues to thrive

Requirements:

• Quantitative degree or professional qualification such as CA or MBA
• Experience in Valuation Control, Product Control, or a related valuation/risk function within a financial services environment
• Good understanding of IPV, valuation adjustments, fair value measurement, and valuation control principles
• Strong analytical and problem-solving skills, with the ability to investigate valuation differences
• Strong communication skills, including the ability to distil complex valuation matters into clear and concise summaries

Preferred Skills:

• Advanced degree in a quantitative or finance-related discipline, or professional qualifications such as CFA, CQF, FRM, ACA, or CIMA
• Experience with FVA/PVA, valuation uncertainty, reserves, and market data observability assessments
• Knowledge of valuation techniques across one or more asset classes
• Coding and data analysis skills using Python, VBA, or equivalent tools