Sr. Product Control Manager to support valuation and risk management for a large financial client - 68044

S.i. Systems
Toronto
Full-time

Sr. Product Control Manager to support valuation and risk management for a large financial client -

Title : Manager, Governance, Valuation Product Control

Duration : 17 months

Location : Hybrid Downtown Toronto (two days a week in office)

Must Have Skills :

  • 5 7 years of experience in Product Control , preferably in a financial institution or audit firm
  • Strong understanding of derivative products and markets , as well as the valuation and risk management methodologies associated with these.
  • Strong understanding of establishing appropriate controls required for an independent valuation group
  • Previous experience with Capital Markets Trading / Capital Markets Finance

Nice To have Skills :

  • CFA Certification
  • Market Risk exp
  • Global Middle Office exp
  • Model Validation exp

Job Responsibilities :

  • Acts as liaison with all internal and external regulatory bodies
  • Ensure that VPC is compliant with all internal and external regulatory requirements
  • Provide guidance with respect to any changes in regulatory environment that may impact the group
  • Responsible for ensuring that the month-end reporting process is accurate, complete and appropriately documented
  • Establish standards for all of VPC’s documentation
  • Ensure that all IPV / Valuation Adjustments documents are consistent with the Principles document and updated as scheduled.
  • Ensure that all ORSD’s are updated as required.
  • Ensure that documentation of the review of recommended market data sources is complete and current. This includes documentation of the methodologies and controls of third party price providers.
  • Ensure that the frequency and availability of market data is appropriately documented (ORSD and ORSD Assessment documents)
  • Ensure that the mid-month and month-end IPV reporting memos are complete and meet the standards established by the Director
  • Enhance that the documentation of criteria for the determination of fair value leveling is complete and establish appropriate reporting
  • Ensure that documentation of proxies throughout Market Risk are appropriate and consistent with the governance framework
  • Ensure that all BMA spreadsheets meet standards as defined by Financial Control Group
  • Be proactive in identifying issues and proposing and implementing solutions.
  • 29 days ago
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