Junior Valuation Controller

Warszawa, Poland
Ref: 89080 Contract: Full-Time Posted: 02/05/19 Closes: 02/06/19

We're looking for a Junior Valuation Controller to join us in Warsaw

  • This role offers an exceptional opportunity to join our Independent Price Verification (IPV) & Reserving team, part of our wider Product Control function
  • You'll be responsible for executing and verifying valuation controls, such as revaluation of financial instruments, based on independent model inputs and the calculation of reserves
  • Utilise your understanding of financial products, as well as some insight into valuation models as you help to ensure we maintain the highest level of finance data accuracy

What you'll do

In this role you'll provide an independent price verification for the trading portfolio held by our London trading desk. You'll oversee a variety of products, primarily for derivatives - futures, forwards, interest rate derivatives, CDS, inflation derivatives, currency and exotic options - as well as products such as bonds.

Day-to-day, you'll also:

  • Undertake the commentary of IPV results and significant changes in them
  • Calculate bid offer reserves, day 1 reserves, and valuation adjustments
  • Ensure a process workflow verification, making sure that processes are in line with approved methodologies
  • Increase efficiency by challenging working assumptions used for IPV and reserves calculation

The skills you'll need

To succeed in this role, you'll be a forward looking person who is passionate about financial markets, and if you bring experience in institution linked with capital markets it would prove to be advantageous.

We'll also look to you to bring:

  • Excellent knowledge of derivative financial instruments
  • Fluency in English, both written and verbal
  • Practical Excel knowledge, and ideally VBA
  • A track record of process improvement
  • An understanding of the control environment and requirements that need to be met for a control to be effective and efficient
  • Outstanding communication and interpersonal skills
  • The ability to think analytically

How we'll reward you

You'll start on a competitive reward package. Your package includes the chance to join our RBS benefits scheme and to choose from a range of protection, healthcare or lifestyle extras.

Inclusion

At RBS, we want everyone to feel welcome. That’s why we want you to know that we will work with you to make the application process as smooth as possible. So please just let us know if you need any adjustments or support – we'll do whatever we can to help.