Valuations Analyst

About the company

A leading financial institution in London is seeking a Valuations Analyst to join their EMEA Valuations team within Product Control. This role offers you the opportunity to work at the heart of market activities, ensuring fair value and accuracy across the bank's books. You will be instrumental in supporting and maintaining valuation systems, applying market data and sensitivity parameters, and collaborating with various departments to deliver precise results.

Your tasks

• Design, update, and maintain automated diaries for the team to reflect evolving requirements resulting from major projects such as Project CIB & Universal Bank, ensuring all changes are accurately documented.
• Verify and challenge the integrity of market data and parameters used within valuations, demonstrating a thorough approach to ensure compliance with internal standards.
• Support European branches and other locations with rate provisioning and any additional requirements related to valuation processes, fostering co-operation across teams.
• Communicate effectively with traders and other departments to guarantee that data accuracy and completeness meet organisational needs, promoting inter-personal connections.
• Utilise revaluation system knowledge to assist colleagues both within Product Control and external parties, nurturing a supportive network throughout the business.
• Engage in regular conversations with senior management regarding new initiatives, contributing ideas for efficient delivery on requirements and improvements to current practices.
• Provide updates at monthly valuation review meetings, sharing insights and progress with the wider team in an enthusiastic manner.
• Adhere strictly to compliance policies when adapting new rate sources, ensuring all procedures are followed responsibly.
• Update the Fair Market Value Manual each quarter for Head Office reporting purposes, responding promptly to queries from auditors or Head Office representatives.
• Prepare daily P&L reports for trading businesses, substantiating trading sub ledgers and product valuation balances against carrying values in the General Ledger.
• Plan and track resolution of infrastructure issues related to Trading business valuations and P&L processes, demonstrating commitment to continuous improvement.
• Undertake weekly, monthly, and quarterly underwriting valuations and reporting tasks as required by business needs.

Requirements

• Demonstrate advanced proficiency in Excel & Access; previous experience using Python or AI is highly desirable for managing complex datasets efficiently.
• Show a sound understanding of financial markets including familiarity with source systems such as Bloomberg & Refinitiv; ability to extract data easily for cross-referencing is essential.
• Possess strong mathematical skills coupled with knowledge of valuation and accounting practices; understand how these impact P&L reporting as well as risk valuations.
• Apply thoroughness and diligence in your work; attention to detail must be paramount when handling sensitive financial information.
• Exhibit excellent interpersonal skills by communicating clearly with traders, colleagues across departments, auditors, and external parties.
• Display adaptability when managing or developing internal tools that aid the valuation framework; willingness to learn new systems is valued.
• Prove your ability to work under pressure by meeting tight deadlines while prioritising group tasks effectively.
• Show commitment by actively participating in monthly review meetings and contributing updates on progress or challenges faced by the team.
• Demonstrate responsibility by adhering strictly to compliance policies when planning adaptations or implementing new rate sources.
• Bring previous experience in substantiating trading balances against general ledger values; familiarity with underwriting valuations is beneficial.