• 6 March 2010
• Reference: JR230114

• Rates Valuations Controller

• City of London GBP50,000 - GBP65,000 p/a Permanent

Our client, a leading Investment Bank is currently seeking a Rates Valuations Manager to join the valuation Review Group, which is part of the Financial Control Group. The team is responsible for all valuation issues in respect of their product areas.

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 closely with the business units quantitative team to develop innovative valuation techniques.
* Gain a full understanding of the products traded by the desk and their marking/valuation adjustment methodologies.
* Perform documented reviews of the modeling and parameter mark review methodologies of significant new transactions for presentation to management.
* Interaction with the Business Unit during the monthly mark review process.
* Project work as required on new systems and functionality enhancements.
* Working with senior managers to improve efficiency by challenging processes and procedures. inventory and investments, ranging from vanilla products to the most complex structured and derivative transactions.


To be considered for this role, the ideal candidate will be educated to a degree level with an understanding and interest in derivative products: booking, valuation, and risk, familiarity with derivatives and structured products along with being capable of understanding and interpreting technical documentation on new products. Strong Analytical / Quantitative skills would be desirable

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

• Accountancy & Finance,
• Product Control / Business Unit Control,
• City of London,
• Permanent,
• Investment Banking,
• Rates Valuations Controller