Rates Valuation

Job DetailExperience Level ManagerDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000018280Salary Type AnnuallyIndustry BankingSelling Points Lead valuation risk management for complex financial instruments and derivatives. Collaborate with cross-functional teams to drive innovation and compliance. Enhance valuation methodologies leveraging advanced technologies and automation.Job DescriptionRates Valuation OverviewLead valuation risk management for interest rate products, ensuring compliance with regulatory standards and robust control frameworks.Collaborate with cross-functional teams to enhance valuation methodologies and support strategic initiatives.Focus on Independent Price Verification (IPV), fair value reserving, and prudent valuation practices.Manage valuation frameworks for complex financial instruments, including derivatives and exotic products.Engage with auditors and regulators to address valuation matters and ensure compliance.Drive innovation in valuation methodologies, leveraging advanced technologies for optimization.Mentor junior team members and foster a collaborative and inclusive work environment.Contribute to the organization’s growth through strategic valuation initiatives and professional development opportunities.Rates Valuation Key Responsibilities & DutiesPerform monthly and intra-month Independent Price Verification (IPV) for the Rates business, focusing on derivatives and exotic products.Collaborate with Front Office Trading and Strats to address valuation risks and support business growth initiatives.Engage with senior management and stakeholders to discuss valuation matters and strategic decisions.Serve as the primary contact for auditors and regulators regarding IPV and valuation controls.Lead global teams to deliver on valuation agendas and maintain robust control frameworks.Innovate valuation methodologies and integrate automated controls to enhance efficiency and accuracy.Troubleshoot complex valuation issues and communicate effectively with senior management.Mentor junior team members, fostering their professional development and expertise.Rates Valuation Job RequirementsBachelor’s degree in Math, Sciences, Finance, Engineering, or Business; advanced degrees or certifications (CFA/FRM) preferred.Extensive experience in valuation, risk management, or product control within investment banking or financial markets.Expert knowledge of fixed income products, derivatives, and financial instruments.Strong stakeholder management skills with the ability to influence decisions and build relationships.Proficiency in project management, maintaining detailed plans, and tracking progress.Ability to troubleshoot and communicate complex topics effectively to senior management.Commitment to ethical conduct and maintaining independence in valuation functions.Familiarity with regulatory requirements and internal control frameworks.