Opportunity

EMEA Head Credit IPV, Global Bank, London

Full time hybrid working

 

  • Supporting management and development of EMEA Valuations Control team
  • Manage team performing IPV for full spectrum of Vanilla and Exotic Credit products including review of the marking of CVA exposures
  • Determine methodology for and computation of relevant valuation adjustments
  • Management reporting of IPV including detailed analysis of desk marking trends
  • Extensive interaction with Front Office Trading and Quants, Product Control, MVG Finance and Senior Management
  • Opine on revenue recognition and reserving for new product/transaction approvals
  • Training and supervising Mumbai centre to ensure appropriate and accurate testing
  • Lead response to regulatory requirements/requests
  • Regular internal IPV and reserves reporting and audit/SOX related reporting
  • Support resolution of collateral disputes. Review, design and enhance controls
  • Responsible for Fair Value Hierarchy classification for Credit products and Significant Unobservable disclosures under FAS157
  • Computation of quarterly Prudent Valuation Adjustments and enhancing methodologies over time

Requires

  • Strong IPV experience and product knowledge.  Numerical degree and additional professional qualification (ACA/CIMA, CQF, CFA, FRAM, PRMIA)
  • Excellent written and oral communication skills, digital tool awareness.

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