Finance Manager, Valuation Control Specialist
6 days ago
We are seeking an experienced Finance Manager to join our team as a Valuation Control Specialist. This role is responsible for ensuring the accuracy of valuations for commodity and FX derivative trading portfolios.
Key Responsibilities- Develop and implement policies and procedures for independent checking of valuations, escalation of exceptions, and valuation reserves or adjustments.
- Promote best practices for valuation of trading and underwriting portfolios.
- Develop, maintain, and improve valuation adjustment policies and procedures in compliance with GAAP/IFRS and regulatory requirements.
- Develop, maintain, and improve capital reserves policies.
- Document and maintain methodologies and procedures for valuation adjustments and capital reserve.
- Monitor models to ensure mathematical representation of market conditions is sound.
- 4+ years of experience in FX valuation, preferably in a financial institution.
- Market Risk Valuation experience.
- Excellent understanding of Commodity and FX derivative products and markets.
- Proven ability to provide strategic direction for major projects and initiatives.
This position is located in Toronto, ON M5X 1A1 and requires hybrid work arrangements with 2 days per week on-site.
Compensation PackageThe estimated salary for this position is CA$66.20/Hour.
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