Valuation Control Analyst Fixed Income (IPV)

Valuation Control Analyst: Fixed Income (IPV)

The following information aims to provide potential candidates with a better understanding of the requirements for this role.

Location: London (hybrid, minimum 50% onsite)
Contract: 12 months
Sector: Investment Banking, Global Markets Operations

The opportunity

A leading international investment bank is looking for a Valuation Control Analyst to join its Fixed Income team in London on a 12-month contract. Valuation Control is a global, second-line control function that independently verifies, analyses and reports on the market parameters used to value the bank's trading positions.
You will take ownership of a monthly cycle of independent price verification (IPV) reviews across a range of products and business lines. This is a hands-on role with direct exposure to the front office, Risk, Finance and auditors.

Key responsibilities

Independently own and deliver a set of allocated monthly IPV (MAP) reviews to tight deadlines
Investigate the drivers behind valuation differences and escalate issues to the appropriate teams
Engage with the front office, Risk, Finance, auditors and management on issues and improvements
Produce accurate and timely KPIs, highlighting IPV coverage and results
Ensure accurate submissions to an external consensus pricing provider
Maintain clear and accurate standard operating procedures (SOPs)
Challenge existing processes and recommend improvements that strengthen control and efficiency, then implement them once approved
Learn and support other processes to provide team coverage
Deliver medium-sized projects and contribute to larger team initiatives
Build strong working relationships with Product Control, Front Office, Middle Office, Finance and Risk

About you

Essential
Experience in Valuations, IPV, P&L or Risk teams within financial services
Solid understanding of Fixed Income products and their associated risks
Strong Excel skills, particularly formulas, with the ability to understand and debug complex spreadsheets
Ability to open, read and understand VBA code, and to debug and enhance it where needed
Confidence interacting with the front office and challenging them credibly, using their language xwzovoh and understanding the risks they run
Strong written and verbal communication skills, with the ability to engage at all levels
Excellent attention to detail under pressure and tight deadlines
Able to pick up a process, understand it quickly and work independently, as well as part of a team
Practical, solutions-focused approach, able to find quick workarounds

Desirable
Finance-based degree, ideally with a strong mathematical background
Python skills
Strong grounding in financial mathematics and market practice
Exposure to asset classes beyond Fixed Income
Guidant, Carbon60, Lorien & SRG - The Vertage Group Portfolio are acting as an Employment Business in relation to this vacancy.