Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)
Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)

Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead innovative projects in valuations and structured rates while programming in Python.
  • Company: Join RBC, a leading global bank committed to innovation and community impact.
  • Benefits: Enjoy competitive pay, flexible benefits, and a world-class training programme.
  • Why this job: Be part of a dynamic team driving technological advancements in finance.
  • Qualifications: Must have a strong background in derivatives, Python programming, and project management.
  • Other info: Work in a collaborative environment with opportunities for mentorship and career growth.

The predicted salary is between 72000 - 108000 £ per year.

Director – Valuations Change Management Lead & Structured Rates Product Head – Product Control (Valuations Methodology – CFO)

Director – Valuations Change Management Lead & Structured Rates Product Head – Product Control (Valuations Methodology – CFO)

Royal Bank of Canada London, United Kingdom

Director – Valuations Change Management Lead & Structured Rates Product Head – Product Control (Valuations Methodology – CFO)

Royal Bank of Canada London, United Kingdom

Director – Valuations Change Management Lead & Structured Rates Product Head – Product Control (Valuations Methodology – CFO)

Job Summary

Job Description What is the opportunity? RBC is currently searching for a highly technical interest rate derivative specialist to join their Valuations Methodology Team in London. The role is created by an internal move and would suit a quantitative-focused candidate looking for a technical challenge. Valuations Methodology is part of the Product Control Team. The incumbent will assume responsibility as Valuations Change Management Lead & Structured Rates Product Head. It is expected that the role will require 60-70% focus on our Project VAMPP (Valuations & Methodology Python Project) with the remainder devoted to SRT Product Head responsibilities. Project VAMPP is a multiyear initiative aiming to upgrade Valuations infrastructure. Initial focus is on replacing Excel based workflows into Python to drive ROI. In future, we are aiming to add data analytics within our processes and explore the use of latest technology including GenAI. You will be working closely with senior members of the Methodology team, Quantitative and Technology Services (QTS) and the business to create high-quality technology solutions to support business growth and innovation. You will plan and prioritise the deliverables ensuring controlled deployment of Python code stack within tactical and strategic environments. As the SRT Product Head, you will be responsible for IPV (Independent Price Verification) and other valuation adjustments. RBC's expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements. What will you do?

  • Drive Operational Excellence by automating the workflows with End-to-End solution
  • Lead Project VAMPP, globally, supporting valuation analytics and architecture
  • You will be a hands on programmer. Along with other contributors, you will develop prototypes in Python, which eventually will be included into official production code stack.
  • Responsible for planning and prioritising our deliverables.
  • Oversee creation of a controlled workflow, including code documentation and methodologies across all business areas, with initial focus on SRT.
  • Carry out the code review and develop overall understanding of code stack.
  • Coordinate the overall project structure and project management using JIRA.
  • Oversee and feedback on development of Valuations Methodologies by other senior members.
  • Build on your understanding of pricing models for Rates, Equities, XVAs and FX.
  • Manage a team of three experienced Associate Directors.

What do you need to succeed? Must-have

  • Experience and solid understanding of derivative modelling mainly in Rates with some exposure in other areas, i.e. Equities, FX or Commodities.
  • Programming experience with proficiency in Python.
  • Experience in using project management tools like JIRA.
  • Code change management experience using GitHub.
  • Strong focus on delivering working software to production.
  • Excellent attention to detail and strong code review skills.
  • Experience in mentoring / developing senior members of the team and assist them with their career progression.
  • Excellent academic credentials with a Masters or PhD in a quantitative field such as Quantitative Finance, Physics, Mathematics, Engineering.
  • Extensive experience in Valuations, Risk, Trading or Quants world.

Nice-to-have

  • Proficiency in Object Oriented Python Development.
  • Experience in using and manipulating quants pricing libraries.
  • Delivering high profile projects.

What is in it for you? We thrive on the challenge to be our best – progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
  • Leaders who support your development through coaching and managing opportunities.
  • Opportunities to work with the best in the field.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • A world-class training program in financial services.

Agency Notice RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details. Job Skills
Atlassian JIRA, Change Management, Code Documentation, GitHub, Project Management, Python (Programming Language)

Additional Job Details Address: 100 BISHOPSGATE:LONDON City: London Country: United Kingdom Work hours/week: 35 Employment Type: Full time Platform: OFFICE OF THE CFO Job Type: Regular Pay Type: Salaried Posted Date: 2025-07-09 Application Deadline: 2025-07-23
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above I nclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London) employer: Royal Bank of Canada

RBC is an exceptional employer that fosters a dynamic and collaborative work culture, offering employees the chance to engage in innovative projects like Project VAMPP, which focuses on enhancing valuation methodologies through cutting-edge technology. With a strong commitment to professional development, competitive compensation, and a comprehensive Total Rewards Program, employees are empowered to reach their full potential while making a meaningful impact in the financial services sector from our vibrant London office.
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Contact Detail:

Royal Bank of Canada Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)

✨Tip Number 1

Familiarise yourself with the latest trends in interest rate derivatives and valuation methodologies. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Brush up on your Python programming skills, especially in relation to financial applications. Being able to demonstrate your coding abilities and understanding of how Python can be used in valuations will set you apart from other candidates.

✨Tip Number 3

Network with professionals in the finance and quantitative fields, particularly those who have experience in product control or valuations. This can provide you with insights into the role and potentially lead to referrals.

✨Tip Number 4

Prepare to discuss your experience with project management tools like JIRA and GitHub. Be ready to share specific examples of how you've used these tools in past projects, as this is crucial for the role.

We think you need these skills to ace Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)

Derivative Modelling Expertise
Proficiency in Python Programming
Experience with Project Management Tools (JIRA)
Code Change Management using GitHub
Attention to Detail
Strong Code Review Skills
Mentoring and Team Development
Understanding of Valuations Methodologies
Knowledge of Pricing Models for Rates, Equities, XVAs, and FX
Operational Excellence in Workflow Automation
Experience in Financial Services
Ability to Deliver High-Profile Projects
Object-Oriented Python Development
Data Analytics Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in derivative modelling, Python programming, and project management. Use specific examples that demonstrate your expertise in these areas, particularly focusing on your achievements in similar roles.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities of the Valuations Change Management Lead & Structured Rates Product Head position, and mention any relevant projects you've led or contributed to.

Highlight Technical Skills: Clearly outline your technical skills, especially your proficiency in Python and experience with tools like JIRA and GitHub. Provide examples of how you've used these skills in past roles to drive operational excellence or deliver high-profile projects.

Showcase Leadership Experience: Since the role involves managing a team, emphasise your leadership experience. Include details about mentoring senior members, leading projects, and how you’ve contributed to team development and success in previous positions.

How to prepare for a job interview at Royal Bank of Canada

✨Showcase Your Technical Expertise

As a candidate for the Director role, it's crucial to demonstrate your deep understanding of derivative modelling, particularly in Rates. Be prepared to discuss specific projects where you've applied your technical skills, especially in Python programming and quantitative analysis.

✨Familiarise Yourself with Project VAMPP

Since this role involves leading Project VAMPP, make sure you understand its objectives and how it aims to upgrade Valuations infrastructure. Discuss any relevant experience you have with similar projects or technologies, particularly in automating workflows and using data analytics.

✨Prepare for Leadership Questions

Given that you'll be managing a team of Associate Directors, expect questions about your leadership style and mentoring experience. Think of examples where you've successfully guided team members in their career progression and how you foster collaboration within a team.

✨Demonstrate Your Project Management Skills

With responsibilities involving project management tools like JIRA, be ready to explain how you've used these tools in past roles. Highlight your ability to plan, prioritise deliverables, and manage code change processes effectively, showcasing your organisational skills.

Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)
Royal Bank of Canada
R
  • Director - Valuations Change Management Lead & Structured Rates Product Head - Product Control [...] (London)

    London
    Full-Time
    72000 - 108000 £ / year (est.)

    Application deadline: 2027-07-19

  • R

    Royal Bank of Canada

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