This position is no longer open for applications

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients’ recruitment team and provide professional interim and temporary resources.

Our investment banking client has been present in the UK for more than 150 years, they’re a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a Senior Valuation Analyst -- IPV, PVA, COREP  for a 12 months contract based hybrid in London.

Purpose of the Senior Valuation Analyst:

The role is based in London and reports to the head of the London Valuation Risk & Governance (VRG) team. The contractor will be responsible for making sure that all the numbers presented and escalated to the committees are accurate, and also will make sure that there is consistency in the methodology to compute these numbers. There are currently 4 analysts in the team, each one of them covering a dedicated business line: Credit, FXLM.COMM (FX, Local Markets and Commodities activities), xVA and G10 Rates.

As a Senior Valuation Analyst, you will be responsible for:

• Ensuring that each analyst has performed complete and sound 2^nd level controls on the valuation adjustments reported in our monthly committees for which the manager – the London head of VRG – is the secretary. The list of monthly committees is currently: Day One profit committee, Valuation Review Committee. The quarterly committees – for which the manager is the Global Head of VRG - are the Product Financial Committee (department head is the secretary), VRC Prudential Valuation (AVA – department head is the secretary), Non Standard Booking committee (London and Paris heads are the secretaries).
• Ensuring that each contribution from VRG is accurate. This includes monthly extractions of day one profit reporting, valuation reporting, levelling reporting and other metrics that are used in other committees for which we are not the secretary (ICC Committee, CCIRC Committee and some other committees)
• Provide support to the London Head and the Department Head on specific reporting and analysis requests.
• 10 years’ experience in financial industry preferably in valuation control.
• Hands-on in a finance role and experience in delivering for a closing with tight deadlines.
• An understanding of Fixed Income products (bonds, swaps, futures, swaptions, caps, floors, bond options, FX Options, FX Spots, Repos, exotics);
• An understanding of Fixed Income related market data (rates, volatilities, correlations…), and potentially their sources, and the main associated products,
• Good PC skills (VBA and Access, Python would be a serious plus) - Please state the standard of Excel/ VBA/ Access on the CV;
• A good understanding of risk concepts (delta, vega, VaR…);
• An good understanding of the basic concepts and models in mathematical finance;
• A deep sense of control in particular on independent valuation controls;
• Some familiarity with P&L reporting processes and stakes;
• An understanding of deal processing flows and associated issues;
• MA/MS education background;

What we require from the candidate:

• Positive attitude to complying with deadlines and objectives;
• Ability to work under strong closing pressure
• Effective organisation and time management, including ability to prioritise workload;
• Excellent communications skills;
• Quality focused, detail oriented and problem solving skills;
• Robust and confident personality;
• Team player

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.

This client will only accept workers operating via an Umbrella or PAYE engagement model.

AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business