As the European Credit Corporate CDS and Emerging Market Group Head, the core roles and responsibilities cover the following key requirements:

- Responsible for the contents of the Inventory Valuation Analysis (IVA) report including, Fair Value levels, Process Reviewed, Significant Unobservable Parameters and Prices

- Assessment of complex valuations and appropriateness of booking methodologies

- Participation in the product valuation governance process

- Collaboration with Senior Management, Risk Management and Model Development to highlight valuation risks inherent in current methodologies

- Design/evaluation of valuation adjustments and calibration methodologies

- Reporting of valuation issues

- Review and implementation of independent price testing methodologies

The role requires identification of high-risk valuation issues and influencing cross-departmental (“Product Valuations”) working groups in order to mitigate against mis-valuations.

Candidate Requirements:

- Masters or higher degree in relevant Quantitative (mathematically focussed) discipline

- Strong understanding of Credit Derivatives including Structured Credit Derivatives

- Good understanding of pricing methodologies.

- Ability to lead discussions with Trading/Model Development regarding complex valuation and modelling issues

- Strong analytical and mathematical skills

- Strong business and technical skills

- Strong Excel and VBA Skills

- Strong communication skills