Senior Valuation Controler (AVP)

  • Competitive
  • Warsaw, Mazowieckie, Poland
  • Permanent, Full time
  • Citi
  • 21 Apr 19

Senior Valuation Controler (AVP)

  • Primary Location: Poland,Mazowieckie,Warsaw
  • Education: Bachelor's Degree
  • Job Function: Finance
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Temporary
  • Travel Time: No
  • Job ID: 19003289


Description

Valuation Control Group is an independent group of subject matter experts within Product Control in Finance Division.

VCG's primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements. It works with trading and quantitative groups to fully understand the impact of valuation uncertainty on the desk's level of pricing and any accompanying fair value adjustments. It also participates in the approval of new products, where appropriate.

Job responsibilities:
· Developing and carrying out price testing for derivatives on FX and interest rates markets.
· Developing valuation adjustments methodologies and performing relevant calculations
· Compilation of data to produce detailed Valuation reports for Desk Heads, Controllers and Risk summarizing the valuation control results across the Business
· Ensuring appropriate regulatory reporting on monthly basis
· Creating and maintaining relevant process documentation
· Enhancing existing control framework by reviewing pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
· Developing strong working relationships with the Desk, Finance, Audit, Quant and Market Risk partners throughout the firm
· Ad-hoc projects that arise relating to further streamlining (or retirement) of existing systems or assisting in the introduction of new systems
· Performing ad hoc analysis on any new pricing issues

PLEASE NOTE THIS IS A FIXED TERM POSITION.


We offer:
  • Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls
  • Cooperation with a high quality, international, multicultural and global team
  • Work in a friendly and diversified environment, appreciating  differences in style and perspective and using them to add value to decisions leading to organisational  success
  • Management supporting balanced and agile work (flexible working hours, home office)
  • Attractive benefits package (BenefitSystem, medical care, pension plan etc.)
  • A chance to make a difference with various affinity networks and charity initiatives


Qualifications

· A degree in Finance or in a quantitative discipline, such as Mathematics, Physics, Engineering etc. or
· Experience in a finance, valuation, market risk or product control related function, covering a major asset class (FX, equities, rates, commodities, etc.)
· Good knowledge of capital market products and derivative pricing methodologies, with the aptitude to learn
· Strong oral and written communication skills, with the ability to discuss and explain pricing concepts
· Good knowledge of Excel, Access (VBA)
· Ability to manage time and work priorities efficiently and effectively
· Ability to perform within a time pressurized environment.