Valuation Controller Job Description
Valuation controller
provides independent valuation services to internal and external clients across a spectrum of OTC derivative products including credit, equity, interest rate, FX, inflation, commodity, and volatility / variance derivatives.
Valuation Controller Duties & Responsibilities
To write an effective valuation controller job description, begin by listing detailed duties, responsibilities and expectations. We have included valuation controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Review and assessment of complex mathematical models used for valuations of exotic derivatives and other financial instruments
Assessment of valuation methodologies, testing of valuation tools, identification and resolution of valuation discrepancies, and communicating assessments to senior management and challenging model developers
Assist with various VCG established practices and control initiatives perform necessary work relating to management reporting, regulatory mandates and consistency within the broader VCG framework
Evaluate impacts of and providing transaction support on new products and businesses
Working with Business Controllers in reconciling and signing off inventory associated balances in GL at month end
Perform model usage controls, spreadsheets controls, valuation uncertainty reviews, vendor data reviews, market maker status review and etc
Support the valuation governance process and resolution of regulatory recommendation, control improvement points and etc
Work closely with Front Office, Market Risk Management, Product Control team and etc
Perform various month end IPV reporting producing governance meeting materials
Strong derivative valuations experience preferred
Valuation Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Valuation Controller
Typically a job would require a certain level of education.
Employers hiring for the valuation controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Engineering, Mathematics, Business, Graduate, Physics, Accounting, Statistics, Technical
Skills for Valuation Controller
Desired skills for valuation controller include:
Fixed income products
Excel
Risk and thereby the key drivers for valuation and P&L
Asia EM markets and onshore/offshore derivative products in general
Interest in Equity products and markets
Structured Rates products
Complex derivative products in performing the role
Derivative products
Derivatives valuation area
Fixed income products gained at a top tier investment bank
Desired experience for valuation controller includes:
Coordination and provision of detailed reports
Carry out the group's daily monitoring and review of the banks submissions
Ensure processes, inc IPV are aligned
Be an SME to various valuations related projects inc ad hoc regulatory reviews
Prior success in obtaining cross-functional engagement and consensus building
Having an opportunity to work with different credit products
Valuation Controller Examples
1
Valuation Controller Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of valuation controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for valuation controller
- Able to liaise and communicate clearly within Finance with the Business
- A team player, with a positive and flexible attitude
- Detail-focused demonstrating a high level of attention to detail
- Motivated, with a strong sense of personal ownership and the ability to resolve issues independently
- Interested in increasing product knowledge
- Provide regular reports ad-hoc analysis to Finance, Senior GVG and Desk Management
- Providing regular reports ad-hoc analysis to Finance, Senior GVG and Desk Management
- Prudent Valuation
- Working with Equities and Equity derivatives such as Options, Futures, Swaps, ETFs, Warrants
- Ensuring prudent valuation
Qualifications for valuation controller
- Point of contact for reporting processes both nationally and globally
- Process the groups benchmark monitory in accordance with policy
- Production of IPV
- To ensure coverage gaps around testing and/or reserving population is appropriately escalated and sized for management attention
- At least 5 years of related experience in valuations control function with experience in Product Control is preferred
- Strong analytical skills and strong control mindset
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Valuation Controller Job Description
Job Description Example
Our company is growing rapidly and is looking for a valuation controller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for valuation controller
- Monthly independent valuation of the global Structured Rates portfolio using external data sources
- Working with exotic interest rates derivatives, such as caps, floors, swaptions, CMS, digital and barrier options, hybrids, inflation products
- Leading a team of valuation risk controllers covering a global inventory
- Monthly independent valuation of the global Liquid flow Rates and Emerging FX markets portfolio using external data sources
- Working with interest rates derivatives, mainly FX Options valuation
- Daily market data capture, validation and product calibration across all data types required for modeled valuations including quantitative and qualitative adjustments
- Assisting the Senior Product Controller on the valuation of the portfolio on a daily basis including month-end process
- Performing reconciliation of Internal Profit and Loss with the administrator records on a daily basis and following up on valuation issues
- Overseeing routine monitoring procedures around stale or unchanged prices, price challenges, price overrides
- Assisting in testing and integration of new systems
Qualifications for valuation controller
- Writing good notes on the summary of change in IPV from one month to the next
- Member of a team responsible for valuation control reviews and consultation
- Identify process improvement opportunities to gain efficiency and to reduce manual spread sheet controls
- Learn and apply valuation control standards especially relating to price testing methodology and AFITS (Actionability Framework Implementation Template)
- Degree in finance, economics or other quantitative discipline
- Competitive salary and market leader benefit package
3
Valuation Controller Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of valuation controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for valuation controller
- Working with derivatives such as forwards, options and swaps with Commodity underlies in addition to customized structured deals
- Monthly independent valuation of the global Corporate Loan portfolios using external data sources and internal models
- Project work as required on new systems and functionality enhancement
- Identify and resolve potential pricing discrepancies
- Provide valuation summary assessments to senior management
- Managing a team of 2-5 individuals
- Monthly independent valuation of the Global Rates and FX portfolio using external data sources
- Working with a broad range of financial instruments especially interest rates and currencies derivatives
- Perform pricing analysis on various term loan, bridge loan, and revolving loan facilities using applicable valuation techniques including comparable yield and discounted cash flow analysis
- Perform impairment analysis on various equity investments and held-to-maturity (HTM) long term leased assets
Qualifications for valuation controller
- Experience in a fast paced investment banking environment
- Wide range of professional and soft-skill trainings
- Exposure to the entire spectrum of financial products offered by a top tier investment bank
- Independent Price Verification (IPV) and Fair Value Adjustment execution and governance
- Responsible for the executing product valuation and model usage reviews for Product Control
- Ensuring ongoing compliance with valuation policies, including Prudent Valuation disclosures
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Valuation Controller Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of valuation controller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for valuation controller
- Provide detailed documentation and rigorous analytical support to validate pricing methodologies and demonstrate compliance with best practices and accounting standards
- Organize monthly and quarterly Business Valuation Control Meetings for traditional asset based finance and leveraged finance origination businesses
- Coordinate with various stakeholders to ensure monthly reporting deadlines are met and required documentation is archived in compliance with reporting policies
- Handling the valuation control aspect of new product in the pipeline to help establish best practice guidelines and ensure these are well-communicated and adhered to within the Credit space
- Working with the “Change the Bank” team to enhance specification of technology requirements
- Assisting with testing and managing new releases
- Conducting deep dives on new products / structures to resolve valuation issues
- Communicating Price Testing results to management, trading desks, and external stakeholders, via the production of the monthly Price Testing pack and relevant meetings
- Own and maintain relationship with the relevant traders
- Ensuring a best in-class documentation and governance of controls within this area
Qualifications for valuation controller
- Maintaining well controlled and accurate valuation processes
- Extensive partnership with Trading, PC Business Control, Quantitative Strategies, Market & Liquidity Risk Management, IT and other Valuation Control groups
- Assist in the management of our offshore team on a day to day basis
- Prior Hands-on experience with yield curve construction, knowledge of market conventions
- Good soft skills and university degree in related area (mathematics, financial mathematics, finance )
- Familiarity with Totem service
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Valuation Controller Job Description
Job Description Example
Our company is growing rapidly and is looking for a valuation controller. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for valuation controller
- Participate in regulatory projects
- Interface with key senior stakeholders (both on finance and business side), governing bodies and business partners
- Acquire quantitative techniques and market intuition to perform analysis on often novel or unconventional transactions
- Support change management design, development, delivery and management of communications
- Lead roll out changes with key stakeholders
- Working alongside the other Global Process Owners to design and implement Best In Class Finance function
- Generate a strong partnership with Technology to deliver business tools and solutions to support Valuation Control function
- Help manage stakeholder engagement by identifying and managing anticipated resistance and any obstacles
- Create plan for consistent global processes, systems and technology and organization structure
- Integrate planned change management activities into project plans
Qualifications for valuation controller
- Degree in a numerical discipline
- Ability to effectively communicate and collaborate with stakeholders and colleagues from within and outside the PC-Valuations function
- Strong IT skills (eg
- A significant portfolio of project work focused on developing and implementing and enhancing prudent valuation and mark review methodologies systems and functionality enhancements
- Production, reporting and presentation of the monthly fair value mark review, ensuring positions are marked correctly in the firm's books and records
- 1-4 years of PC or related experience is required for this role