Rates Valuation

Overview

• Lead valuation risk management for interest rate products and derivatives, ensuring robust controls and compliance with regulatory standards.
• Collaborate with cross-functional teams including Front Office, Risk, Finance, and IT to drive strategic initiatives.
• Focus on Independent Price Verification (IPV), fair value reserving, and prudent valuation methodologies.
• Manage valuation frameworks for complex financial instruments such as options, swaps, exotics, and inflation-linked products.
• Ensure effective interaction with auditors and regulators to address valuation matters and compliance requirements.
• Drive innovation in valuation methodologies, leveraging automation and AI technologies for optimization.
• Mentor junior team members and potentially oversee offshore staff in the future.
• Contribute to a diverse and inclusive work environment with opportunities for professional growth.

Key Responsibilities & Duties

• Perform monthly and intra-month Independent Price Verification (IPV) for the Rates business, focusing on derivatives and exotic products.
• Collaborate with Front Office Trading and Strats to address valuation risks and support business growth initiatives.
• Engage with senior management and key stakeholders to discuss valuation matters and strategic decisions.
• Serve as the primary contact for auditors and regulators regarding IPV and valuation controls.
• Lead global teams to deliver on valuation agendas and maintain robust control frameworks.
• Innovate valuation methodologies and integrate automated controls to enhance efficiency and accuracy.
• Troubleshoot complex valuation issues and communicate effectively with senior management.
• Mentor junior team members and foster their professional development.

Job Requirements

• Bachelor’s degree in Math, Sciences, Finance, Engineering, or Business; advanced degrees or certifications (CFA/FRM) preferred.
• Extensive experience in valuation, risk management, or product control within investment banking or financial markets.
• Expert knowledge of fixed income products, derivatives, and financial instruments.
• Strong stakeholder management skills with the ability to influence decisions and build relationships.
• Proficiency in project management, maintaining detailed plans, and tracking progress.
• Ability to troubleshoot and communicate complex topics effectively to senior management.
• Commitment to ethical conduct and maintaining independence in valuation functions.
• Familiarity with regulatory requirements and internal control frameworks.