Executive Director - Valuations Controller - Finance

Nomura Singapore Limited; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A global financial services firm is seeking a senior finance professional to oversee independent price verification and valuation assessments for financial instruments. This role involves managing valuation risks, developing methodologies, and ensuring regulatory compliance. The ideal candidate should possess over 15 years of investment banking experience and hold an advanced degree in a quantitative field. Proficiency in programming languages such as Python and a strong quantitative skillset are essential for this role.

Qualifications

• 15+ years in investment banking focusing on trading, risk, or valuation.
• Advanced degree in a quantitative field is required.
• 10+ years managing Structured Note issuance lifecycle.

Responsibilities

• Oversee independent price verification processes for derivatives.
• Lead the validation and improvement of valuation models.
• Communicate valuation trends to stakeholders.

Skills

Investment banking experience

Trading and risk management

Quantitative analysis

Programming in Python

Communication of complex concepts

Education

Master's or PhD in Engineering, Mathematics or related field

Tools

Python

C++

Job description

Department Overview

Asia Valuations Group, within Global Middle Office, is an independent function within Finance focusing on validating fair value measurement of products that are designated to be FVO (Fair Value Option), as per Accounting Standard. The team focuses on mathematical and quantitative aspects of derivatives valuations, fundamental of financing and accounting, as well as communication with a wide array of stakeholders from Business, Risk, Accounting Policy, Financial Control, and other departments.

Role Overview

This is a senior role with succession opportunity under Finance and responsible for overseeing and owning independent price verification (IPV) and far value assessments for financial instruments, identifying and managing valuation risks, developing and enhancing valuations methodologies and infrastructures, and ensuring compliance with regulatory guidelines such as FRTP and accounting standards.

Role Description

Technical Leadership & IPV Execution

• Deep Valuation Ownership: Own and manage BAU IPV processes for a wide array of financial products, including, but not limited to, structured notes, Bermudan swaptions, cap/floor products, and other exotic/bespoke derivative scripts.
• Valuations Control Model Oversight: Lead the analysis, development, and validation of existing valuation models and IPV/reserve methodologies. Challenge, improve, and drive the implementation of quantitative and control practices, ensuring alignment with regulatory and internal risk frameworks.
• FinTech & Automation Initiative: Design and lead the implementation of internal FinTech initiatives aimed at achieving robust automation and enhancing the technical infrastructure of all BAU IPV processes, functioning as a script programmer for protocol and as a Subject Matter Expert (SME) in the design and deployment phases.

Risk Management & Strategic Communication

• Stakeholder Communication: Communicate effectively the IPV and reserve trends to various counterparties across trading floor, risk managers, and senior management. Translate complex quantitative analyses (e.g., Macro and Micro-Economics impact on valuation) into clear, concise, and actionable narratives.
• Structured Note Program Expertise: Act as a senior authority on the IPV aspects across the Structured Note Issuance Program. Collaborate with Trading, Sales, Legal, Operations, and Technology to define strategic solutions for partnership growth.
• Ad Hoc Technical Analysis: Execute complex ad hoc processes, such as reserve analysis, multiple dimensional scenario analysis, to provide immediate technical insight and control over new or complex transactions, as well as portfolio level.

Skills, experience, qualifications, and knowledge required

• 15+ years experience in investment banking, or brokerage, with a significant focus on trading, risk, product control/valuation, or quantitative roles.
• An advanced degree (Master's or PhD) in Engineering, Mathematics, or a related quantitative field.
• 10+ years experience with the entire lifecycle of Structured Note issuance and their embedded derivatives (FX options, swaps, etc.) is essential.
• Experience and proficiency in modern programming languages such as Python (for data analysis/scripting) and/or C++ (for performance-critical valuation).
• Quantitative Skillset: Exceptional quantitative, analytical, and organizational skills are paramount. Proven ability to architect and build complex valuation and pricing models.
• Demonstrated ability to present complex financial and technical concepts to senior leadership and non-technical stakeholders in a clear, compelling, and concise manner.
• Previous experience publishing independent research is a significant advantage.

Nomura Competencies

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender, or sexual orientation.

DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer