Equity Derivatives Valuation Controller - Bank

The role exists within the Global Valuation Control group. The primary responsibilities of the group are to:

- independently verify the valuation of the Bank's equity derivative and other trading portfolios

- independently verify the valuation of the Bank's collateral positions

- ensure that appropriate reserves are booked given the nature and risks of the portfolio

- report on the accuracy of reserves and valuations to senior management

- develop improved testing and analysis processes, based on understanding of the business and positions

The team will be responsible for the testing of a variety of portfolios including cash equities, vanilla and exotic options, swaps, convertible bonds and a wide variety of structured products. They will also be integral to the identification and resolution of global valuation related issues ranging from those originating within the organisation and from external regulatory bodies.

The team will also be responsible for review and management of the work performed outsourced Equity valuation team provided by a strategic partner.