VP- Commodities- Valuation Risk

Location: London Level: Vice President A leading Financial Services firm is seeking an experienced Valuation Risk Manager to join its centralised Valuation Control function within the Chief Risk Office.

Location: London
Level: Vice President

A leading global Financial Services firm is seeking an experienced Valuation Risk Manager to join its centralised Valuation Control function within the Chief Risk Office.

This is a high-profile second-line role supporting a growing Commodities and Energy trading business. The successful candidate will provide independent challenge and oversight of the valuation of trading positions.

Responsibilities

• Oversee valuation-control activities for Commodities and Energy trading portfolios, including daily and monthly Independent Price Verification (IPV).

• Review and challenge trader marks, valuation inputs, pricing methodologies and the appropriateness of independent market data.

• Review fair value reserves, prudent valuation adjustments and IFRS fair-value hierarchy classifications.

• Assess and recommend approval of new trades, new product activity and Day 1 P&L recognition decisions.

• Identify valuation uncertainty across liquid and illiquid products, including model limitations, data gaps, liquidity considerations and unobservable inputs.

• Develop and enhance fair value and prudent valuation methodologies in line with internal policy, regulatory technical standards and market practice.

Candidate profile

• Proven experience in Valuation Control, Valuation Risk, Product Control, Market Risk, Model Risk or a related control function within an investment bank, commodities house or Energy trading environment.

• Strong understanding of the valuation of Commodities and Energy products, ideally including power, gas, LNG, oil, refined products, carbon, options or structured derivatives.

• Practical exposure to IPV, valuation reserves, fair value adjustments, prudent valuation, Day 1 P&L and/or IFRS 13 fair-value hierarchy requirements.

• Able to understand pricing models, assess their limitations and form a credible independent view on valuation risk.

• ACA, ACCA, CFA, FRM, MSc in Finance/Economics or similar qualifications would be beneficial, though directly relevant experience will be highly valued.

If you meet the above set criteria, please apply or send a copy of your CV to hadjra.sohawon@robertwalters.com

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