AVP - PC Credit

As an Assistant Vice President in the Product Control Credit team, you will play a crucial role in shaping innovative solutions that impact the analysis of valuation models within the Product Control team. Your responsibilities will include calculating various fair value adjustments when necessary. To excel in this position, you should possess a quantitative primary degree along with experience in valuation control or product control in a financial services environment. Strong communication skills are essential, including the ability to simplify complex issues for senior management. A solid understanding of Financial Derivatives is also required. Key Responsibilities: - Reconciling daily profit and loss figures for trading desks and investigating discrepancies - Supporting the identification, assessment, and mitigation of trading risks - Maintaining and analyzing the bank's trading data for accuracy and completeness - Preparing and submitting regulatory reports and supporting external audits - Communicating complex financial information effectively to stakeholders - Collaborating cross-functionally to ensure a coordinated approach to trading activities Qualifications Required: - Quantitative primary degree - Experience in valuation control or product control in a financial services environment - Strong communication skills - Solid understanding of Financial Derivatives - Familiarity with Microsoft Office products, Bloomberg, and Reuters terminals - Proactive approach to championing change and best practices Purpose of the role: Your primary responsibility will be overseeing the financial aspects of trading activities to ensure accuracy and integrity in the bank's trading book. This involves maintaining compliance with regulatory requirements and providing insights into trading performance. Expectations of an Assistant Vice President: You are expected to advise and influence decision-making, contribute to policy development, and ensure operational effectiveness. For individual contributors, you will lead collaborative assignments, guide team members, and identify new directions for projects. Collaboration with other areas of work and engaging in complex data analysis will be crucial. Communication of complex information and influencing stakeholders to achieve outcomes are key aspects of this role.,