Pricing and Valuations Data Workstream Lead

www.topfinancialjobs.co.uk - Jobboard; Belfast; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Pricing and Valuations Data Workstream Lead to spearhead their Price Risk Program. This pivotal role involves collaborating with cross-functional teams to drive transformation in risk and control processes across various asset classes. You will leverage your extensive experience in market risk management and product control to design and implement robust frameworks, ensuring compliance with regulatory expectations. This is an exciting opportunity to build a global network and make a significant impact in a dynamic environment. Join a forward-thinking team dedicated to delivering innovative solutions in the financial sector.

Benefits

Competitive compensation package

Benefits

Global networking opportunities

Qualifications

• 10+ years in Market Risk Management or Product Control.
• Excellent communication and analytical skills required.
• Experience in data governance and post-trade risk.

Responsibilities

• Support execution of strategic deliverables for Price Risk Program.
• Lead workshops to understand data requirements and manage timelines.
• Design target-state control-framework for Price Risk.

Skills

Market Risk Management

Product Control

Valuation Specialist

Data Governance

Analytical Skills

Project Management

Communication Skills

Python

SQL

Excel

Education

Bachelor's/University degree

Master's degree

Tools

Excel

Python

SQL

Job description

Pricing and Valuations Data Workstream Lead

Contract duration - till end of Dec 2025

Role Context:

The role will be part of a central Price Risk Program team charged with ensuring the timely execution of deliverables across all workstreams whilst imparting their subject matter expertise and know-how to be able to provide meaningful solutions that are functional and sustainable. The team is responsible n driving transformation in underlying risk and control processes.

The role requires some knowledge of Price Risk processes covering inventory, valuations, front-to-back controls, market risk processes(Value-at-Risk VaR, Stress-testing), model risk (including model methodology and validation), product control (P&L explain), IPV (Independent Price Verification) and end to end governance. Successful execution will require collaborating with cross-functional stakeholders within Traders, Markets Risk and Control, Quants, Technology and Risk Management and Finance, while leading engagements with Internal Audit and regulators. The program covers all asset classes. In addition, change skills to define, organize and co-ordinate a program of work across businesses and regions. It will involve collaboration with stakeholder groups to define a best in class target state, as well as a set of practical actions to achieve.

The workstreams range from frameworks with a focus on operating model, risk and controls, methodologies, data and data controls, front office valuations and controls, various market risk related workstreams to P&L attribution analysis (PAA), IPV and Price Risk reporting.

• Chance to build an exceptional global network of professionals, trading desks, technology teams and 2nd line functions, including Finance and Risk
• Competitive compensation package and benefits

Responsibilities:

• Support the Price Risk Program Initiative lead(s) to drive execution of strategic deliverables aligned to Data, Data Controls and Architecture changes
• Lead or participate in working groups, workshops and stakeholders to understand data and business requirements, define project plans and manage timelines
• Understand the data quality issues aligned with that data set including end to end data flows and controls and ensure these are addressed in the defined target state solution with robust controls
• Work with relevant leadership as well as outside experts to design a target-state control-framework for Price Risk, which meets regulatory expectations
• Define a strategy to execute against the designed target-state control-framework for Price Risk, including business analysis, data analysis, practical testing and implementation
• Design required actions to implement the target state and track completion of the actions in line with change methodology
• Identify issues and collaborate with stakeholders to generate solutions
• Work with Control and Internal Audit stakeholders to ensure credible challenge throughout the remediation process and validation of results in line with Internal Audit requirements
• Present on status of the program to senior stakeholders

Qualifications & skills:

• 10+ years of experience in relevant fields of Market Risk Management, Product Control or product valuation specialist with First Line and/or Second Line experience or in an associated consulting role
• Excellent oral and written communications skills; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders.
• Ability to drive change to business practices by working effectively across a global organization.
• Ability to handle complexity, ambiguity and a fast changing, often demanding work environment
• Self-starting with the ability to multitask and prioritize
• Good knowledge of data used in Price Risk processes (trade, market data, reference data), data governance and lineage - experience in operationalizing golden sources of data
• Experience in post-trade risk and valuation infrastructure
• Ability to analyse large data sets and recommend ways to improve quality, controls, and efficiency
• Must be proficient with Excel - Use of Python, SQL, Digital tools would be a significant plus
• Project management and change capabilities
• Capable of prioritizing and multi-tasking in a dynamic, fast paced environment.
• Demonstrated analytical skills with follow-up and problem solving capability

Education:

Bachelor's/University degree or equivalent experience, potentially Master's degree.