• 1 September 2010
• Reference: JR213962

• Valuations Manager - Commodity Business

• City of London GBP70,000 - GBP100,000 p/a Permanent

Our client, a leading Investment Bank are currently seeking a Valuations Manager to join the Valuation Risk Group. The team is responsible for all valuation issues in respect of their product areas, in particular, external price testing, valuation adjustment (reserving) methodologies, and reviews of both the valuation and modelling of significant new complex trades.

Responsibilities include:
* Production and reporting of the monthly mark review to ensure positions are marked correctly in the firm's books and records. As many of the positions are illiquid, this requires working with both the Front Office quantitative team and Model Risk quantitative team within Valuations to develop innovative valuation techniques
* Gaining a full understanding of the products traded by the desk and their marking/valuation adjustment methodologies
* Interaction with the Business Unit during the monthly mark review process
* Project work as required on new systems and functionality enhancements
* Working with managers to improve efficiency by challenging processes and procedures


To be considered for this role, the ideal candidate will be educated to a degree level with strong commodities product experience gained from an external price testing role or related product control function. Self confidence, good communication skills and a strong team player as it is important to interact successfully with other team members, management, the Business Unit and Business Unit Controllers


Joslin Rowe - Winner of 4 UK Recruiter Awards including Best Accountancy/Financial Recruitment Firm and Best Office Support Agency.
Joslin Rowe is a Randstad company. Joslin Rowe Associates Ltd encourages applications from individuals from all backgrounds but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe Associates Ltd is acting as an Employment Agency in relation to this vacancy.

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Keywords related to this job

• Risk,
• Quantitative Analysis,
• City of London,
• Permanent,
• Investment Banking,
• Valuations Manager - Commodity Business