Valuations Manager
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- Expertise in any financial products across asset classes, including derivatives (fixed income, equity, FX, repo, etc.)
- Advance knowledge of excel
- Strong understanding of valuation process and impact
- Attention to details
- Excellent multi-tasking skills
- Good written and verbal communication skills
- Knowledge of VBA, Python and database tool such as SQL
- Knowledge of Bloomberg, Markit/Totem, Reuters and other financial analytics software
Responsibilities
- Play a key role in the production and methodology for IPV and VAs relating to the designated complex trading books. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly. Calculate monthly valuation adjustments
- Play a key role in the provision of detailed reports and analysis to RBC risk committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results
- Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice
- Ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures. Identify and escalate appropriate improvements
- Develop new and enhance existing Valuation policies. Documentation of Methods & Practices, Sources of Market Data, Prudential Valuations & Stress Test of Valuations
- Ongoing review of related valuations analysis conducted in the Market Risk Group and Product Control to ensure accuracy and consistency across all trading books
Preferred Qualifications
-
No preferred qualifications provided.