Credit Valuations Controller


Premium Job From Jefferson Wells

Recruiter

Jefferson Wells

Listed on

6th September 2021

Location

London

Type

Permanent

Start Date

ASAP

This job has now expired please search on the home page to find live IT Jobs.

Role Title: Credit Valuation ControllerLocation: LondonDuration: 6 Months The Global Valuations Group is part of Global Product Control and undertakes four main activities: Valuations, Global Valuation Reporting, Quantitative Analysis and Quantitative Infrastructure Development.The Role is within the European Valuations team. The Valuations team is responsible for the Valuation control framework, focusing on Independent Price Verification (IPV), Fair Value Adjustments (FVA), model governance and Prudent Valuation Adjustments (PVA) in Paris and London. Responsibilities entail:Contributing to Valuations' deliverables, ensuring risk factor completeness by engaging with Finance teams, Front Office, Risk, and project managersWork to deliver product control objectives on quality, efficiency, adaptability, and sustainability through streamlining the processes across London, Paris and Krakow.Provide cover for some of the Valuations responsibilities, principally in the Credit spaceEnhance and streamline solutions for global consistencyLiaising with Finance Regulatory projects team to understand requirements, deliverables, milestones, and timelinesContributing to strategy to achieve the valuations across the differing scenarios, and how to achieve such within existing or new infrastructureSupport the migration to automated platforms. Contribute to internal projects to streamline productionBuild relationships with key stakeholders including other Product Control Functions, IT, Front Office, Group Finance, Market Risk Management and Credit Risk Management.Contribute to key projects, drive it forward and keep management up to date on progressAssist in regular re-valuation exercisesApply knowledge to consider where market data or risk sensitivity are stale or need to be approximated using sensible alternativesHelp improve and ensure global consistency of the Fair Value methodologies, processes, and governance.Ensure the communication with the project teams/business is seamless and consistent.Ensure that the governance and control of fair value is adhered to.Work with Analytics & Valuations to identify the need for, and implementation of, fair value adjustments.Ensure Valuation Group FIM requirements and other applicable accounting / regulatory standards are met.Drive standardization and streamlining of processes within the Valuations Group. Skills:Strong Analytical background.Strong interpersonal, leadership and management ability.Ability to build effective relationships at all levels of seniority through collaboration and influencing skills.Outstanding communication and interpersonal skills, including the ability to articulate key valuation issues to Senior Stakeholders in a non-technical manner.Experience with credit

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