int(9423)
Singapore, Singapore

VP – Valuation Control Specialist

Our client is a leading International bank, with a strong presence in Singapore and across the region.

They are looking for a VP level Valuation Control candidate to join their team, overseeing the Global Financing and Credit Trading business, covering assets including bonds, loans, derivatives and securitized products.

Please contact Michael Durkin on +65 8894 1963 or email your cv directly in word format with job reference no. JOB 9571 to bankingandfinance-SG@theedgeinasia.com

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

EA License : 16S8131

Recruiter License : R2090716

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Key responsibilities

  • Develop an understanding and identification of the key valuation risk areas and establish a valuation risk monitoring framework
  • Liaise with a range of key stakeholders including Trading desks, senior Finance management, Market Risk Management, internal/external audit and regulators on valuation issues as they arise.
  • Review and validate Trading valuation models and assumptions – independent modeling of transactions may also be required periodically, , proposing appropriate reserving methodologies
  • Develop and implement a consistent methodology and process across all business areas for the independent valuation assessment of complex structured transactions.
  • Detailed analysis of the transaction including review of relevant market indicators, comparable firms, credit ratings and spreads, industry/sector fundamentals.
  • Ensure all aspects of the valuation review and control process are adequately documented based on internal and external requirements.
  • Manage the monthly/quarterly valuation review process.

Role requirements

  • Minimum of 8 years’ experience in a product control, valuation control or risk function role within an investment bank or buy-side firm
  • Strong understanding of cash flow modeling and structured finance as well as exposure to hybrid derivatives and securitized products.
  • Experience of the reserving, pricing, and modeling aspects of valuation control of trading businesses.
  • Credit product knowledge is highly desirable, but more generally broad knowledge of banking products such as fixed income, flow products, interest rates, and FX products