Valuations Specialist

Skills

About the Role

You will lead independent price verification and valuation methodology for OTC exotic derivatives. You will develop automated valuation controls, validate pricing models and market data, define fair-value adjustments and reserves, support product onboarding, and embed valuation controls across trade lifecycle and financial-close processes.

Requirements

• 8+ years of experience in valuations control, product control, or quantitative finance focused on OTC derivatives.
• Deep technical understanding of exotic option pricing, pricing models, calibration, Greeks attribution, hedging, and model-dependent payoff risk.
• Hands-on independent price verification experience across derivative instruments.
• Knowledge of derivatives valuation accounting standards, including IFRS 13, IFRS 9, CVA, FVA, and XVA.
• Market-data knowledge, including curves, volatility surfaces, consensus marks, broker data, Bloomberg, Refinitiv, ICE, and Markit/Totem-style services.
• Ability to communicate complex quantitative analysis to non-technical audiences.
• Experience building controls, improving workflows, reducing manual intervention, and delivering in a fast-moving environment.

Responsibilities

• Own and manage independent price verification for OTC exotic equity derivatives.
• Develop, validate and enhance independent price verification methodologies with the OTC trading desk.
• Design and implement a globally consistent valuation approach for OTC instruments.
• Define and implement prudential and fair-value adjustments, reserve methodologies, and valuation uncertainty controls.
• Source, validate and maintain independent market data for valuation and independent price verification.
• Manage external market-data and consensus-pricing vendor relationships for OTC valuation.
• Develop a P&L attribution framework and Day 1 P&L reserve frameworks for Level 3 valuations.
• Lead the IFRS fair-value levelling approach for Level 3 derivatives.
• Define and track valuation KPIs.
• Support new product and trade onboarding, including pricing model verification, market-data configuration, and initial valuation sign-off.
• Partner with control functions to embed valuation controls across the OTC trade lifecycle.

Benefits

• Performance-based bonus structure.
• 27 paid vacation days plus UK public holidays.
• Daily breakfast and lunch.
• Commuting-expense support.
• Private medical insurance.
• Pension scheme.
• ClassPass fitness membership.