At a Glance
- Tasks: Manage valuation control for equity derivatives and collaborate with various finance teams.
- Company: Global Investment Bank with a dynamic and high-profile equities desk.
- Benefits: Hybrid working model, career progression to VP level, and competitive salary.
- Why this job: Join a high-impact role with opportunities to enhance valuation methodologies and processes.
- Qualifications: Experience in valuation control or Big 4 auditing; strong analytical and interpersonal skills.
- Other info: Engage with key stakeholders and contribute to innovative financial solutions.
The predicted salary is between 43200 - 72000 £ per year.
Global Investment Bank is currently looking for a valuation controller to join their London equity derivatives team. This role has been created through an internal move and is an ideal opportunity for a Valuation controller who is keen to work in a broader finance role for a high profile equities desk.
Responsibilities:
- Day-to-day Valuation control responsibilities for equity flow derivatives products along with oversight of P&L and Balance Sheet produced by an offshore team.
- Identify and investigate valuation discrepancies and liaise with Front Office, Risk, Operations and other finance teams to resolve issues.
- Analyse drivers of P&L and balance sheet movements, providing commentary and insight for management.
- Ensure adherence to accounting policies relating to repos, including sale and repurchase accounting, as well as compliance with FIN41 and IFRS netting guidance for financial instruments.
- Working with the valuation methodology team to ensure ongoing review & enhancement of valuation control methodologies and practices. Ensuring procedure documents are accurate and up to date.
- Assist in the streamlining and enhancement of all equity valuation control processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.
- Contribute to governance processes, operational error reporting and support of other internal control processes, including SOX.
- Contribute to audit engagements, addressing queries on valuation, accounting treatment, and finance controls.
- Provide finance support on new product approvals, system implementations, and accounting policy changes affecting repo activity.
Requirements:
- Proven experience in a valuation control (IPV) role covering equity derivatives products or experience in the Big 4 auditing IPV functions.
- Prior experience in Product Control - ideal but not essential.
- Qualified Accountant - Ideal but not essential.
- Strong control mindset.
- Proven experience of initiating and identifying areas of process improvements.
- Excellent academic background (minimum 2:1 degree) in a mathematical/economics subject.
This is a high profile role for the desk and will involve regular interaction with key stakeholders across the business including front office traders, it is therefore important that you have strong interpersonal skills. The company offers a hybrid flexible working environment with 3 days in the office and realistic career progression opportunities to VP level in the future. Unfortunately, visa sponsorship is not available for this role so it is essential you have prior right to work in the UK.
Equity Derivatives Valuation Control AVP employer: Eames Consulting
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Derivatives Valuation Control AVP
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in equity derivatives. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and current market trends. We want you to be able to discuss valuation control and P&L analysis confidently, so practice makes perfect!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Be ready to share examples of how you've tackled valuation discrepancies or improved processes in your previous roles. We love a candidate who can think on their feet!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals to join our team, so make sure you stand out!
We think you need these skills to ace Equity Derivatives Valuation Control AVP
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Equity Derivatives Valuation Control AVP. Highlight your relevant experience in valuation control and any specific skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your strong interpersonal skills, as they’re key for this position.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use metrics where possible to demonstrate your impact, especially in areas like process improvements or P&L analysis. We love seeing results!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Eames Consulting
✨Know Your Valuation Control Basics
Make sure you brush up on your valuation control principles, especially around equity derivatives. Be ready to discuss how you’ve handled discrepancies in the past and what methodologies you've used to ensure accuracy.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to analyse P&L and balance sheet movements. Think of specific examples where you provided insightful commentary that influenced decision-making. This will show your potential employer that you can add value from day one.
✨Understand the Regulatory Landscape
Familiarise yourself with accounting policies related to repos and compliance standards like FIN41 and IFRS. Being able to discuss these regulations confidently will highlight your expertise and readiness for the role.
✨Highlight Your Interpersonal Skills
Since this role involves regular interaction with key stakeholders, be prepared to talk about your experience working with different teams. Share examples of how you’ve effectively communicated complex information to non-financial colleagues.