Equities Valuation Specialist

Alliance & Leicester Credit Card; United Kingdom; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading financial institution is seeking an Equities Valuation Specialist to join their team in London. This role involves managing valuation control frameworks for equity derivatives, enhancing model governance, and mentoring junior team members. Candidates must have strong experience in valuation control, excellent communication skills, and the ability to engage with regulators and senior management.

Benefits

Comprehensive healthcare

Pension

Life assurance

Income protection

Childcare support

Flexible benefits including wellbeing programs

Mental health and wellbeing support services

Charity donation matching

Cultural memberships

Volunteering opportunities

Qualifications

• Experience in valuation control, risk management, or model development within large financial institutions.
• Expertise in vanilla and exotic equity derivatives and their pricing models.
• Understanding of global regulatory standards related to financial instrument valuation.

Responsibilities

• Develop and improve valuation control methodologies for equity derivatives.
• Address valuation issues through deep analysis of IPV results.
• Collaborate with market risk teams to develop methodologies for liquidity reserves.

Skills

Valuation control

Risk management

Model development

Communication

Negotiation

Education

Bachelor's degree

Master's degree

Job description

Equities Valuation Specialist

Bank of America

Banking & Financial Services

Job Title: Equities Valuation Specialist

Location: London, United Kingdom

Job Description:

We are seeking an Equities Valuation Specialist to join our team in London. This role is at the Vice President / Director level within our Global Valuation Group (GVG) Methodology team. The successful candidate will be responsible for managing valuation control frameworks for equity derivatives and hybrids, collaborating with multiple stakeholders including trading, finance, risk, and external regulators.

Responsibilities:

• Develop and improve valuation control methodologies for equity derivatives, including IPV, valuation adjustments, and fair value hierarchies.
• Address valuation issues through deep analysis of IPV results in partnership with trading desks and finance teams.
• Enhance model governance by working with quantitative and model validation teams, and validate valuation adjustments.
• Leverage market knowledge to understand valuation trends, liquidity, and uncertainties.
• Collaborate with market risk teams to develop methodologies for liquidity reserves and other valuation reserves.
• Automate workflows to improve operational efficiency.
• Ensure global consistency in valuation control processes and reporting.
• Communicate complex valuation findings to senior management, auditors, and regulators.
• Mentor junior team members and develop technical expertise within the team.

Qualifications:

• Experience in valuation control, risk management, or model development within large financial institutions.
• Expertise in vanilla and exotic equity derivatives and their pricing models; knowledge of other financial products is a plus.
• Understanding of global regulatory standards related to financial instrument valuation.
• Excellent communication, influencing, and negotiation skills.
• Experience in engaging with regulators, auditors, and senior management.
• Bachelor's degree required; Master's degree preferred.

Benefits:

• Comprehensive healthcare, pension, life assurance, and income protection.
• Childcare support and flexible benefits including wellbeing programs.
• Mental health and wellbeing support services.
• Charity donation matching, cultural memberships, and volunteering opportunities.

Our Commitment:

Bank of America is committed to diversity, inclusion, and ethical conduct. We ensure fair treatment in our recruitment process and provide accessible opportunities for all candidates.

Join us to build a rewarding career and make a meaningful impact.