VP, FX & Commodities Valuations – IPV & Controls Leader

Atlas Search; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

Unknown company in New York seeks a Vice President for Global Markets Valuation Control to ensure independent valuation and prudent valuation of a diverse FX and commodities portfolio. You will lead IPV, price verification, and governance across Front Office and data sources while driving daily, monthly, and quarter-end reporting for senior management.

You will collaborate with Trading, Product Control, Market Risk, and Internal Audit to challenge marks, implement prudent valuation practices,

Responsibilities

• Lead the independent valuation review and price verification (IPV) process across Foreign Exchange and Commodities trading businesses.
• Perform valuation analysis on FX Spot, Forwards, Swaps.
• Assess FX Options (Vanilla and Exotic), Base Metals, Agricultural Commodities, and Commodity Options/Structured Transactions.
• Analyze valuation differences between Front Office marks and independent market data sources.
• Review valuation adjustments including Bid/Offer Reserves, Liquidity, Concentration, Credit and Funding Valuation Adjustments where applicable.
• Produce daily, monthly, and quarter-end valuation reporting for senior management.
• Present valuation issues and reserve recommendations to Valuation Committees.
• Partner with Trading to investigate significant market moves, pricing discrepancies, and model impacts.
• Challenge trader marks using independent pricing methodologies and observable market data.
• Review valuation methodologies for new products and evolving market structures.
• Support implementation of prudent valuation requirements under applicable regulatory frameworks.
• Coordinate valuation governance with Product Control, Market Risk, Model Validation, and Internal Audit.
• Prepare documentation supporting external audits and regulatory examinations.
• Drive automation initiatives utilizing Python, SQL, and data visualization tools to enhance valuation analytics and reporting.
• Identify opportunities to improve valuation controls, workflow efficiency, and data quality.

Job description

Unknown company in New York seeks a Vice President for Global Markets Valuation Control to ensure independent valuation and prudent valuation of a diverse FX and commodities portfolio. You will lead IPV, price verification, and governance across Front Office and data sources while driving daily, monthly, and quarter-end reporting for senior management.

You will collaborate with Trading, Product Control, Market Risk, and Internal Audit to challenge marks, implement prudent valuation practices,