Finance Manager, Valuation Control Specialist

6 days ago


Toronto, Ontario, Canada Intelliswift Software Full time
Job Summary

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.
Requirements
  • 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.
Working Conditions

This position is located in Toronto, ON M5X 1A1 and requires hybrid work arrangements with 2 days per week on-site.

Compensation Package

The estimated salary for this position is CA$66.20/Hour.



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