Head of Valuation Control 100% (f/m/d)
On-siteZürich, Zurich, Switzerland
Job Summary
Lead Valuation Control within Product Control, overseeing valuation governance, independent price verification, and fair value controls for trading and treasury products. Define the target operating model for prudent valuation adjustments, including methodology, governance, and systems, while enhancing the Bank's valuation control framework. Deliver independent challenge to Front Office pricing, models, and assumptions, and present insights to senior management, risk committees, and regulators. Drive automation and process improvements to ensure robust data, systems, and auditability. Manage a high-performing team of specialists to foster technical excellence and career growth.
Required Qualifications
- Degree in Finance, Economics, Mathematics, Engineering, or a quantitative field
- Extensive experience in Risk or Finance (10+ years)
- At least 5-year experience in Valuation Control, Market Risk, or related banking control functions
- Proven leadership track record within valuation or product control environments
- Leading the Bank's PVA agenda within Product Control / Valuation Control
- Deep technical expertise in fair value governance, IPV, valuation reserves, and PVA, including market price uncertainty, model risk, and close-out costs
- Strong knowledge of financial instruments across rates, credit, FX, derivatives, fixed income, and structured products
- Experienced in challenging valuation models, assumptions, inputs, and outputs in collaboration with Front Office and Model Validation
- Thorough understanding of regulatory requirements (IFRS 13, Basel, EBA) relating to fair value and valuation control
- Skilled in designing and enhancing valuation control frameworks, governance, reporting, and system-driven controls
- Strong data and technology awareness, with ability to drive automation and control improvements
- Programming skills (Python, SQL or alike)
- Excellent analytical, communication, and stakeholder management skills
- Capable of leading teams and delivering results in complex, highly regulated environments
- Business fluency in English
- German an advantage
Desired Qualifications
- Professional qualification (e.g., CFA, FRM, ACA/ACCA, CPA)
- Python, SQL or alike
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