Global Equity Valuation Controller

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Global Equity Valuation Controller

Location - London

Daily rate - £522/day PAYE £670/day Umbrella

Start date - ASAP

Contract - 6 Months

Our financial services client is currently seeking an Global Equity Valuation Controller to join their team in London. The Global Valuations and Analytics Group is part of Global Product Control and undertakes four main activities: Valuations, Global Valuation Reporting, Quantitative Analysis and Quantitative Infrastructure Development.

Reporting locally into the Head of Valuations Europe, and functionally into the Head of Valuations - Equities, the holder will cover a set of diverse and important processes and methodologies aligned to the European Equities businesses including Structured Equity Derivatives and Prime. The role holder will have to engage local stakeholders to discuss valuation issues, whilst functioning as part of the globally-aligned Equities Valuation operating model, and acting as subject matter expert to provide oversight on the operation of the Krakow-based Equities Valuations team.

Valuation activity covers all Independent Price Verification (IPV), Fair Value Adjustments (FVA) and Prudent Valuation Adjustments (PVA) processes across businesses, including the US and Asia regions.

Key Responsibilities:Responsible for the production includes:IPV, FVA and Prudent Valuation (PVA) balancesMethodologies and documentation;Monitoring model restrictions and recommendationsLevelling returns.Engagement with Equities core Product Control to ensure that the valuation conclusions are accurately reflected in the books and that the communication with the business is seamless and consistent.Ensure that the governance and controls of fair value is adhered to. Prepare for and contribute to the valuation committees that opine on fair value for the business areas concerned.Drive the methodology and implementation of FVAs, IPV and PVA changes, keep abreast of industry information of around this important asset class, engage the business on matters regarding Equity valuations and be a key contact for internal and external audit.Ensure Valuation FIM requirements and other applicable accounting / regulatory standards are met.Work to ensure consistency in policies/standards across sites/teams and implement strategies to improve consistency where it is not already in place.Identify, communicate and drive resolution of issues; whether people, process or system.Maintain focus on process optimization and identify opportunities to enhance cost efficiency where possible (e.g. automation, outsourcing, centralization etc).Drive standardization and streamlining of processes within the global Equity Valuations teamEnsure the efficient and effective management of IPV, FVA and PVA processes and to ensure that accounting and regulatory standards are met.Close management of fair value adjustments for the Equity businessesRapid response to issues as they arise. Ability to drive quickly to the heart of an issue and propose appropriate solutions.Keep abreast of industry wide debates and discussions on this asset class. Realize efficiency gains through the automation and streamlining of the Fair Value Processes.Working with the Global Head of Equity Valuation to standardize and align the valuation framework across regions.Work closely with the core Product Control team to ensure they are up to date with valuation issues and that the Equity Valuation team is up to date with any core Product Control issues.

Key Requirements: Demonstrable track record in top-tier global bank.Detailed knowledge of Product Control processes and proven experience of managing Product Control or Financial Process based activities.Market derivative knowledge in Equity asset class. Other asset class experience highly beneficialExperience of Equity Models and Derivatives Valuation FrameworkExperience with valuations, structured rates productsExperience of developing methodology and shaping policy for IPV / FVAs is a distinct advantage.Good understanding of accounting requirements for Valuation activity in Global Markets.Good understanding and appreciation of Regulatory requirements and guidelines for Valuation activity.Proven ability in working across multi-disciplinary and multi-cultural diverse work environments.Experience of interacting with internal and external stakeholder groups (Business, Risk, Internal and External Audit).Matrix Management experienceBanking Experience

· Experience of working in a global team/global project

If you think you are up for the task and feel you meet the above criteria or interested to hear more information please contact me on 0161 503 5530 /