Valuation Control Manager

3 days ago


Toronto, Ontario, Canada Intelliswift Software Full time

About the Role

We are seeking a highly skilled Valuation Control Manager to join our team at Intelliswift Software. In this role, you will be responsible for ensuring that valuations for our Commodity and FX derivative trading and underwriting portfolios are accurate and compliant with regulatory requirements.

Key Responsibilities

  • Develop and implement policies and procedures for independent checking of valuations, escalation of exceptions, and valuation reserves or adjustments for trading and underwriting portfolios.
  • 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.
  • Monitor models to ensure the mathematical representation of the market is sound on an ongoing basis.
  • Maintain the list of recommended market data sources used for mark-to-market or mark-to-model valuation and document changes to market data sources.

Requirements

  • 4+ years of FX Valuation experience, preferably in a financial institution.
  • Market Risk Valuation experience.
  • Excellent understanding of Commodity and FX derivative products and markets, as well as the valuation and risk management methodologies associated with these.

Compensation

The estimated salary for this role is CA$66.20 per hour, based on industry standards and location. We offer a competitive compensation package, including benefits and opportunities for professional growth.



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