Valuation Controls - IPV Analyst

Global Markets Operations, Valuation Control (VC) is a global function whose main missions are articulated around second level control hubs in Europe, Asia and the Americas. Valuations, in conjunction with Risk, is in charge of independently verifying, analysing and reporting on the market parameters used in the valuations, as well as analysing the impact of the use of independent market parameters in the valuation.Job purpose - Valuation Controls - IPV Analyst* Purpose: To support the accurate and independent marking of all parameters as required by regulators along with the derivation, analyse and reporting of the results.Key responsibilities - Valuation Controls - IPV Analyst

• Running a number of different daily and monthly price testing reviews (MAPs aka IPV -> independent price verification) across FX, Credit & FI. Investigate further the drivers of the MAP and escalate any issues to senior members of the team for further assistance and guidance.
• Work within a limited time frame as part of a team and product accurate month end corrections. This might require discussion and timely conclusions with the Front Office and Risk-GM related to the quality and accuracy of the MAP reviews after been internally checked with senior members of the team.
• Familiarize and learn different internal IT systems and use them in the IPV process to explain and add value to the internal clients
• Produce accurate reports highlighting coverage and results of MAPS
• Helping with submission to external consensus provider.
• Assist with the production of valuable KPI's for a wide range of interested parties across the bank.
• Assist on small scale projects to automate and/or improve our processes with the assistance of IT and more senior member of the team.
• Gradually build and maintain relationships with other Product Control teams, Front Office, Middle Office, Finance and Risk-GM based on trust, respect and professionalism.
• Maintain and update SOPs (Standard operating procedure)