Pricing & Valuations Data Team Lead - Market Risk, VaR

Harvey Nash Group; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Pricing & Valuations Data Team Lead to spearhead initiatives in Market Risk and VaR. This pivotal role involves managing complex data processes, enhancing governance, and leading cross-functional teams to ensure compliance with regulatory standards. The ideal candidate will possess extensive experience in Market Risk Management and Product Control, demonstrating strong analytical and project management skills. Join a dynamic environment where your expertise will drive significant change and improve data quality across the organization, making a lasting impact in the financial sector.

Qualifications

• 10+ years in Market Risk Management or Product Control.
• Proficient in Excel, knowledge of Python and SQL is a plus.

Responsibilities

• Support Price Risk Program Initiative leads to drive strategic deliverables.
• Design target-state control-framework for Price Risk.

Skills

Market Risk Management

Product Control

Data Governance

Project Management

Analytical Skills

Excel

Python

SQL

Education

Bachelor's Degree

Master's Degree

Job description

Pricing & Valuations Data Team Lead - Market Risk, VaR sought by leading investment bank based in Belfast.

**Inside IR35 - 3 days a week on site**

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.

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.

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 bankin 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 the banks change methodology
• Identify issues and collaborate with stakeholders to generate solutions

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.

Please apply within for further details or call on 07393149627

Alex Reeder

Harvey Nash Finance & Banking