IPV Valuations Analyst

Leading Global Investment Bank
12 Month Contract

Group description:
Working for the businesses Valuation Business Unit which works in partnership with the business to ensure that the valuation of the firm's products and portfolios are both independently and fairly marked and that fair valuation processes are operated accurately and robustly.

Solely responsible for setting reserve policies and methodology's as well as monitoring compliance to policies to ensure appropriate level of reserving in the business. The group forms the primary interface for discussing valuation issues with the Front Office, but retains reporting lines through the Finance & Risk management chain.

The role is based in London and is for a 12-month term. Product mix is very broad and will cover vanilla to highly structured interest rate derivatives. The focus will be on valuation.

Job Responsibilities:

*Ongoing monitoring of risk exposures, concentrations and market activity across the business to understand impact on reserves and parameters calibration in the book.
*Driving efficient execution of key processes around Reserve Substantiation & Reporting, P&L Analysis and Independent Price Verification
*Play a central role in providing month-end prices to the Totem service on a wide range of products, with particular focus on rates exotics products (Bermudan swaptions, quanto structures, spread option trades)
*Work on projects to develop innovative, new risk measures and implement best practice methodology for fair valuation and reserve methodology
*Validate and resolve Valuation issues
*Review 'approximately loaded' trades
*Follow interest rate markets closely and ensure that reserves, P&L and market moves can be triangulated on a regular basis
*Ah hoc projects and value - added analysis

Skills/Qualifications
*Experience with interest rate products in Finance/Risk-related fields and experience in the financial sector
*Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
*Good existing knowledge of interest rate products/markets and derivative products in general, including derivative pricing, risk and valuation
*Ability to understand complex products and analyze transaction and process flows.
*Familiarity with Totem service. An ability to use core business systems to generate prices for vanilla and exotic products would be beneficial
*Track record of dealing with Front Office and coordinating with wide variety of other control groups
*Strong written and spoken communication skills
*Commitment to getting things done to tight timeframes and detail focused
*Ability to work with limited supervision and be able to reach appropriate decisions/conclusions
*Strong commitment to learn and operate outside of comfort zone
*Advanced competency in Excel
*Competency in VBA beneficial

Allegis Group Limited and Aston Carter Limited operate Employment Businesses and Agencies and are companies within the Allegis Group Inc. group of companies, the fourth largest staffing company in the world, (collectively referred to as the "Allegis Group"). TEKsystems and Aerotek are divisions of Allegis Group Limited. Applicant data will be treated in accordance with the Allegis Group's Privacy Notice. By submitting personal data to any company or division within the Allegis Group, the applicant is providing explicit consent to the use of such data by the Allegis Group and to the transfer of such data to and from the Allegis Group companies within the UK, Europe and outside the European Economic Area in connection with the fulfilment of the applicant's voluntary requests, and the fulfilment of other job opportunities that match the applicant's profile, and confirms that they may be contacted about such job opportunities.