Job Description

Our client is a leading International bank, with a strong presence in Singapore and across the region.

They are looking for a VP level Valuation Control candidate to join their team, overseeing the Global Financing and Credit Trading business, covering assets including bonds, loans, derivatives and securitized products.

Please contact Michael Durkin on +65 8894 1963 or email your cv directly in word format with job reference no. JOB 9571 to

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

EA License : 16S8131

Recruiter License : R2090716 bankingandfinance-SG@theedgeinasia.com

Key responsibilities

• Develop an understanding and identification of the key valuation risk areas and establish a valuation risk monitoring framework
• Liaise with a range of key stakeholders including Trading desks, senior Finance management, Market Risk Management, internal/external audit and regulators on valuation issues as they arise.
• Review and validate Trading valuation models and assumptions \xe2\x80\x93 independent modeling of transactions may also be required periodically, , proposing appropriate reserving methodologies
• Develop and implement a consistent methodology and process across all business areas for the independent valuation assessment of complex structured transactions.
• Detailed analysis of the transaction including review of relevant market indicators, comparable firms, credit ratings and spreads, industry/sector fundamentals.
• Ensure all aspects of the valuation review and control process are adequately documented based on internal and external requirements.
• Manage the monthly/quarterly valuation review process.

• Minimum of 8 years\' experience in a product control, valuation control or risk function role within an investment bank or buy-side firm
• Strong understanding of cash flow modeling and structured finance as well as exposure to hybrid derivatives and securitized products.
• Experience of the reserving, pricing, and modeling aspects of valuation control of trading businesses.
• Credit product knowledge is highly desirable, but more generally broad knowledge of banking products such as fixed income, flow products, interest rates, and FX products

The Edge Partnership