AVP Business Finance - Valuation Control - Emiratised Role

The Valuation Control function is responsible for verifying the accuracy and integrity of the fair value of financial instruments on the Balance Sheet via the IPV process.

The role reports into the VP Head of Valuation Control function within the GM Business Finance team. The candidate will assist the team which consists of 2 VPs to run the day to day BAU control processes and assist senior team members with the enhancement and development program to strengthen controls and ensure compliance with Financial Standards and Regulatory requirements.

• Perform an independent valuation check of the banks inventory.
• Validate market data used in valuation to independent sources.
• Ensure valuation adjustments are made to report positions at Fair Value.
• Implement IPV process in line with Risk Valuation Methodologies (RVM).
• Calculate and adjust reserves (Model Bid/Ask Volatility Liquidity Cre...