Equities Valuation Controller

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Job Description

This role is part of a four person team and is responsible, largely for the US region, for the following:

Support business growth
Performing the monthly Independent Price Verification ('IPV') processes for both the firm's structured derivative and vanilla equity products.
Enable team to undertake more in-depth analysis on our core product portfolios, including establishing link between IPV, P&L attribution and risk.
Enhance Governance around IPV, including assisting in writing up procedural / guideline documents, identifying best practices and sharing these globally. Interact with other regional valuation controllers and working to implement best practices from other regions.

Core responsibilities of the role includes:

Perform IPV processes during month-end (with a primary focus on structured products), review results and investigate any significant variances.
Undertake detailed in-depth analysis on IPV related issues.
Identify areas with low testing coverage and identify testing alternatives to close this gap.
Interaction with the Business and Risk to close out gaps in processes / controls. Build and maintain strong relationships with these groups.
Recommending ways to improve the IPV processes.

The successful candidate will be expected to have:

Expert level of understanding on equity products, especially structured equity derivative products. Strong understanding of valuation inputs, market trends and technical factors impacting pricing of various structured equity derivative products.
Excellent communication skills with the ability to articulate technical issues in a more easy to understand terminology and also relate that back to the impact that would have on the organization both in risk and financial statements terms.
Prior experience working with traders and senior business personnel is essential.
Have an understanding of accounting standards impacting valuations and fair value hierarchy.
Ability to multitask and work independently.
Willingness and capability to form own opinion. Strong analytical skills to be able to support and communicating this opinions.
Maintaining a strong control mind-set and having the willingness to build and maintain a strong control environment.
Experience working with 'Change the Bank' (process efficiency using IT) related projects is desirable.

Basic Qualifications

BS or BA Degree
Minimum of 5 years of experience in a product control or valuation control role within Equities and specifically dealing with structured derivative products.
Strong Microsoft Excel and Microsoft Access Skills are essential.

Preferred Qualifications

MBA
CPA (or equivalent) and/or CFA preferred but not mandatory
Strong technical knowledge of Equity Products and understanding of risk arising from structured products