Description

Job Title: Market and Valuations Risk Management – Valuations Specialist - Associate

Location: Manila

Corporate Title: Associate / Senior Analyst / Analyst

Overview

The Market and Valuation Risk Management (MVRM) group is a 2nd line of defence (2LOD) control under the Bank’s Chief Risk Office. MVRM globally identifies, assesses and manages the market risks, and is responsible for independent valuation of balance sheet positions, predominantly across the Corporate & Investment Bank (CIB).

Market Conformity Control (MCC), and Exotic Trade Review (ETR) are two key 2LOD control teams under MVRM’s Valuation Control unit. MCC performs independent validation that transactions conform to prevailing market levels at time of execution using pre-determined methodologies. ETR, on the other hand, checks and validates economic terms of dually-booked exotic trades match with executed legal documents agreed ...