Valuations Controller - Singapore - Nomura Asia

Nomura Asia

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Nomura Asia

Singapore

Posted 8 hours ago Permanent Competitive

Company overviewResponsibilities**:

Ownership of BAU processes including reserve calculation, price testing (IPV), stale mark monitoring, and balance sheet categorization (FAS157). Product scope includes but not limited to standard FX options, TARF, Bermudan Swaption, Cap/Floor, and other bespoke scripted products.
Lead FinTech initiative within IPV space to achieve full and robust automation on all BAU processes.
Understand potential model risk and communicate with model validation group to derive appropriate model reserve level and methodology
Associate IPV result and reserve trends to trader behavior, Macro and micro economics.
Explore market data sources including OTC market, consensus service (TOTEM, Mercure, or other relevant ones) for the best measure of fair value on the financial instruments.
Conduct and review intramonth and month end IPV testing
Communicate results and get signoff from trading desks in a timely manner.
Ad hoc processes including pretrade reserve analysis
Proactive management of valuation risk; Lead the coordination of solutions in partnership with the product controllers, front office quant, model validation, market risk, and other institutional groups;
Challenge existing IPV/reserve methodologies, working practices and improve quality and efficiencies.

Requirements:

Solid market knowledge and intuitive understanding of financial products is essential. Direct working experience in pricing FX options or interest rate products is desired.
7+ years of experience in investment banks/brokerage house/public accounting, with experience as a trader, trading assistant, risk, product control/valuation, or quant.
University degree from a top university, preferably in engineering, accounting, econometrics.

Advanced degree/qualification would be advantageous.- Independent research experience with publications in peer-reviewed journal will be highly valued.

Strong communication skills and attention to details
Demonstration Fintech capability with experience in structured VBA programming, Python, RPA software such as UIPath. Experience with datamining with Matlab/R is desired

Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation

DISCLAIMER:

- **This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
Job ID 1576