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