Head of Investment Valuation

JR United Kingdom; London; On-site; GBP 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Head of Investment Valuation to lead a dynamic team in delivering asset modelling methodologies and managing short-term liquidity risk. This pivotal role involves overseeing the accurate valuation of investment assets and derivatives, while collaborating closely with asset managers. The successful candidate will leverage their extensive experience in actuarial science and financial modelling to drive strategy and enhance operational efficiency. If you're passionate about investment valuation and eager to make a significant impact in a leading organization, this opportunity is perfect for you.

Qualifications

• 10+ years of relevant experience in investment valuation and asset management.
• Strong knowledge of fixed income assets and derivatives.

Responsibilities

• Lead the Investment Valuation team and drive strategic outcomes.
• Oversee accurate valuation of investment assets and derivatives.
• Develop asset modelling methodologies in collaboration with asset managers.

Skills

Financial Modelling

Problem-Solving

Technical Communication

Asset Valuation

Liquidity Risk Management

Education

Qualified Actuary

Equivalent Quantitative Background

Tools

Excel

VBA

Bloomberg

FIS Quantum

Job description

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Miryco Consultants are working with a FTSE 250 pension insurance specialist to hire a Head of Investment Valuation to own the delivery of asset modelling methodology and systems, short-term liquidity risk modelling and management, and other initiatives.

The successful applicant will report into the Director of Investment Operations & Reporting and fulfil an important role at the heart of the function, leading a team of valuation specialists.

Key Responsibilities:

• Lead the Investment Valuation team, driving strategy and shaping team outcomes.
• Oversee the accurate valuation of investment assets, derivatives, and repos, providing technical expertise.
• Develop and govern asset modelling methodologies for new asset types, in collaboration with asset managers.
• Maintain a master list of asset valuation and reporting requirements for asset managers.
• Own, develop, and maintain asset, derivative, and repo modelling methodology documentation, including for IFRS Level 3 and LPI-linked assets.
• Manage the development and maintenance of the LPI projection model and market yield curve infrastructure.
• Ensure sustainable operating models for illiquid asset valuation and independent price verification (IPV), managing relationships with asset managers and vendors.
• Analyse and explain valuation differences between the organization and asset managers/vendors.
• Model and manage short-term liquidity risk, providing technical support for other initiatives within Investment Operations.
• Assess and communicate key asset valuation judgment areas to management, executive teams, and Board committees.
• Lead the Asset Valuation Committee and engage with external auditors on asset valuation matters.
• Develop and maintain a risk and controls framework for asset valuation processes.
• Collaborate with internal teams, particularly in Investments, Finance, Actuarial, and Risk, supporting regular Investment Operations processes.

Qualifications/Experience:

• Qualified actuary or equivalent quantitative background with at least 10 years of relevant experience.
• Strong knowledge of fixed income assets, derivatives, and repos; experience in corporate bonds/loans, financial derivatives, and repos is preferred.
• Expertise in financial modelling software (Excel, VBA, and ideally Bloomberg and FIS Quantum).
• Proven ability to solve complex technical issues and communicate solutions to non-technical audiences.
• Strong problem-solving skills and ability to proactively identify and address challenges.
• Previous experience in Investments, Reporting, or Treasury is highly desirable.

Location: London