Credit Valuations – AVP

  • Market Rate
  • London, England, United Kingdom
  • Permanent, Full time
  • Maze Executive Search & Selection
  • 18 Jan 18 2018-01-18

Our client is a leading European Investment Bank looking for an AVP to join their Credit Valuations team.

Remit covers market consistent modelling and valuation of all Fair Value positions. This team acts as internal advisor to Group Finance on Valuation Issues and operates as a centre of excellence on valuations and reserving

 

Responsibilities:

 

  • Reviewing daily/monthly Independent Price Verification of the Fair Value positions within the business
  • Providing regular reports as well as ad-hoc analysis to Finance, Valuations and Desk Management
  • Reporting, enhancing and developing prudential valuation methodologies
  • In-depth understanding of complex structures, using advanced Excel Cash-Flow modeling and the Bank’s internal pricing libraries
  • Defining modeling requirements for illiquid products, understanding model pricing limitations, assessing key valuation risks and posting appropriate fair valuation adjustments
  • Managing relationships with / migrating work to offshore team
  • Dealing effectively with the Trading Desks, Finance Directors, Market Risk, Credit Risk, Regulators and Auditors

 

Requirements:

 

  • Strong credit product experience
  • Derivative products experience
  • Strong foundation and awareness of accounting requirements, best practice and market developments
  • Ability to demonstrate an attention to detail with an understanding key valuation risk within the portfolio
  • Solid analytical and quantitative skills to support valuation judgment
  • Ability to communicate clearly and effectively to all Stakeholders
  • Educated to Bachelor's degree level (or equivalent qualification / work experience)

Good knowledge of Excel, Visual BASIC for Applications (VBA) and database experience (beneficial)