Investment Banking Manager

C0IBM01

department
Finance
level required
Mid-Senior Level
job timing
Full-time

Job Description

The Valuation Control Group (VCG) is an independent team of subject matter experts withing our partner's Finance Division. VCG’s primary responsibility is to reasonably ensure that risk portfolios are fairly valued in accordance with applicable standards and regulatory requirements. In doing so, the team works closely with its stakeholders – senior management, business heads, product control, market risk, regulators, and both internal and external audit.

In this position you will be responsible for the following: 

  • Performing Independent Price Verification (IPV) and Fair Value Levelling, calculate and/or verify Valuation Adjustments
  • Identify and resolve pricing issues, control deficiencies, backup coverage gaps, and process documentation deficiencies
  • Managing Valuation Control Analysts, acting as a reviewer and first point of escalation 
  • Allocating resources to project work and end-user process enhancements
  • Performing internal reporting related tasks
  • Performing external reporting related tasks, including compliance with the European Banking Authority’s Regulatory Technical Standards on Prudent Valuation
  • Working with Front Office, interacting with senior stakeholders and leading valuation meetings with various business functions

Qualifications

The ideal candidate preferably possesses the following qualifications & skills:

  • Degree in finance, economics, mathematics (or any relevant discipline)
  • At least 6 years professional experience in the field of finance (preferred: Valuations, Product Control, Risk or similar functions)
  • Knowledge of/experienced with/demonstrated interest in: capital market products (Equities, Bonds, Commodities, FX, Options, Swaps, Futures, Forwards)
  • The ability to motivate and develop team members
  • Proficiency in Microsoft Excel
  • Excellent English communication skills 
  • Stakeholder management skills, control-focused mindset 

Advantages: 

  • People management experience
  • VBA or Python knowledge

Additional Information

What can we offer?

  • A socially active team, friendly corporate culture, diverse networking opportunities
  • Competitive compensation package
  • Career management & mentoring by senior colleagues, leaders
  • Flexible work arrangements, work-life balance
  • Exporuse to a number of different capital market products and the opportunity to gain in-depth understanding of pricing and price verification approaches, accounting standards relating to fair value reporting for derivatives, and the regulatory impact on valuation and pricing
  • The opportunity to further develop your managerial and coaching skills 

Place of work: Budapest