Senior Manager - Valuation Controller
Role Overview
The Senior Valuation Controller is a highly technical role within Treasury Finance supporting the Global Markets and Treasury business.
The role ensures portfolio valuations are accurate, independently verified, appropriately adjusted, and supported by robust governance and controls.
The valuation control lifecycle covers Independent Price Verification, Fair Value Adjustments, Day 1 P&L, fair value hierarchy, and regulatory oversight across traded products.
Key Skills for This Role
Full Job Posting
Role overview
The Senior Valuation Controller is a highly technical role within Treasury Finance supporting the Global Markets and Treasury business.
The role ensures portfolio valuations are accurate, independently verified, appropriately adjusted, and supported by robust governance and controls.
The valuation control lifecycle covers Independent Price Verification, Fair Value Adjustments, Day 1 P&L, fair value hierarchy, and regulatory oversight across traded products.
Key responsibilities
- Develop, enhance, and maintain valuation methodologies, control standards, and supporting documentation across traded products.
- Design and execute Independent Price Verification frameworks, including sourcing and assessing independent market data.
- Develop and maintain Fair Value Adjustment methodologies and reserves.
- Assess Day 1 P&L recognition, deferral, and release in line with IFRS and internal policies.
- Investigate valuation movements, IPV exceptions, valuation uncertainty, and reserve adequacy.
- Support fair value hierarchy assessments and disclosures.
- Partner with Front Office, Risk, Finance, Quants, and Technology to resolve issues, strengthen governance, support new products, and drive automation.
Skills and experience
- Postgraduate qualification or equivalent in finance, economics, mathematics, or a related quantitative discipline.
- At least 8 years of hands-on experience in Independent Price Verification and/or Fair Value Adjustments, with broader valuation control experience across multiple asset classes.
- Strong knowledge of derivatives, structured products, IFRS 13, ASC 820, and Basel III, plus trading-floor experience.
- Advanced mathematical and statistical knowledge, with programming capability in Python or VBA.
- Strong communication, presentation, and stakeholder-management skills.
- CFA or FRM is desirable; experience with Calypso, Bloomberg, or Reuters is advantageous.
Employer information
- The employer describes professional development opportunities and competitive rewards and benefits.
- The employer mentions a flexible work policy that allows working from home when it suits; no fixed hybrid or remote arrangement is specified.
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