Location: London
Level: Vice President
A leading Financial Services firm is seeking an experienced Valuation Risk Manager to join its centralised Valuation Control function within the Chief Risk Office.
Location: London
Level: Vice President
A leading global Financial Services firm is seeking an experienced Valuation Risk Manager to join its centralised Valuation Control function within the Chief Risk Office.
This is a high-profile second-line role supporting a growing Commodities and Energy trading business. The successful candidate will provide independent challenge and oversight of the valuation of trading positions.
Responsibilities
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Oversee valuation-control activities for Commodities and Energy trading portfolios, including daily and monthly Independent Price Verification (IPV).
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Review and challenge trader marks, valuation inputs, pricing methodologies and the appropriateness of independent market data.
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Review fair value reserves, prudent valuation adjustments and IFRS fair-value hierarchy classifications.
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Assess and recommend approval of new trades, new product activity and Day 1 P&L recognition decisions.
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Identify valuation uncertainty across liquid and illiquid products, including model limitations, data gaps, liquidity considerations and unobservable inputs.
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Develop and enhance fair value and prudent valuation methodologies in line with internal policy, regulatory technical standards and market practice.
Candidate profile
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Proven experience in Valuation Control, Valuation Risk, Product Control, Market Risk, Model Risk or a related control function within an investment bank, commodities house or Energy trading environment.
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Strong understanding of the valuation of Commodities and Energy products, ideally including power, gas, LNG, oil, refined products, carbon, options or structured derivatives.
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Practical exposure to IPV, valuation reserves, fair value adjustments, prudent valuation, Day 1 P&L and/or IFRS 13 fair-value hierarchy requirements.
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Able to understand pricing models, assess their limitations and form a credible independent view on valuation risk.
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ACA, ACCA, CFA, FRM, MSc in Finance/Economics or similar qualifications would be beneficial, though directly relevant experience will be highly valued.
If you meet the above set criteria, please apply or send a copy of your CV to
Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates
VP- Commodities- Valuation Risk in London employer: Robert Walters Careers
Join a leading organisation in Walsall that values its employees and fosters a collaborative work culture. As a Group Financial Controller, you will benefit from competitive salary packages, opportunities for professional development, and the chance to make a significant impact on the company's financial strategy. With a commitment to compliance and efficiency, this role offers a rewarding environment where your expertise will be recognised and appreciated.
