VP, Product Control – Valuations (Macro & Structured Notes)

Tallentire; Singapore; On-site; SGD 250,000 - 420,000; Full time

Job summary

Tallentire is seeking a VP for Product Control in Singapore to own the month-end valuation control cycle, IPV, reserves, and fair value across a macro/structured book. You will interact with Front Office quants, Risk and Policy to ensure robust valuation governance.

The role demands 7+ years in product control or valuations and hands-on IPV experience, with strong Excel/VBA and programming skills. A technical, valuation-led mindset is essential.

Qualifications

• Experience in IPV, reserves and fair value hierarchy.
• Ability to explain IPV results to traders and senior stakeholders.
• Strong Excel/VBA skills; programming language knowledge is a bonus.

Responsibilities

• Owning IPV and month-end valuation control cycle including reserve calculations and fair value levelling.
• Explain results to desk and link to trading activity and market conditions.
• Support Structured Note Issuance Programme operations and accounting.
• Run pre-trade reserve analysis on new deals.
• Source market data to back up fair value.
• Collaborate with Front Office quants, Model Validation, Market Risk and Accounting Policy.
• Lead automation of IPV and reserve processes.
• Challenge existing methods and drive improvements.

Skills

IPV expertise

Valuation analysis

Stakeholder communication

Education

Engineering degree

Finance degree

CFA/CA/Masters

Tools

Excel

VBA

Python

C++

Java

Job description

A global investment bank with a 100-year history and offices in over 30 countries is hiring a VP for its Product Control function in Singapore. This is the valuations side of product control. You’ll own price testing, reserves and fair value across the Macro business and the bank’s Global Structured Note Issuance Programme. The product set is FX options, Bermudan swaptions, range accruals and bespoke structured trades, so there’s plenty to get your teeth into.

What you’ll be doing

1. Owning the month-end valuation control cycle: independent price verification (IPV), reserve calculations, stale mark monitoring and FAS157 / fair value levelling of the balance sheet
2. Explaining IPV results and reserve movements to the desk, and linking them to trading activity and market conditions
3. Supporting the Structured Note Issuance Programme across its operational, technical and accounting sides
4. Running pre-trade reserve analysis on new deals
5. Sourcing the best market data, from OTC quotes to consensus services, to back up fair value
6. Working closely with the wider product control team, Front Office quants, Model Validation, Market Risk and Accounting Policy
7. Leading the automation of IPV and reserve processes, so less time goes on spreadsheets and more on analysis
8. Challenging existing methods and ways of working, and making them better

What you’ll bring

1. 7+ years in product control or valuations at an investment bank, broker or Big 4 firm. Risk, quant or trading backgrounds will also be considered
2. Hands‑on experience with IPV, valuation reserves and fair value hierarchy
3. Good working knowledge of FX and rates derivatives, ideally including exotics or structured notes
4. A degree in engineering, maths, finance or a related field. A CFA, CA, Masters or similar is a plus
5. Strong Excel and VBA skills, with Python, C++ or Java a bonus
6. The confidence to stand up to traders and explain valuation issues clearly to senior stakeholders

Why this role

It’s a VP seat with real ownership of a complex macro and structured book. The team wants someone to modernise how valuations are done, not just keep the process running. It’s a great next step for a product controller who wants a more technical, valuations‑led role.