Manager, Governance, Valuation Product Control

at  Intelliswift Software Inc

Job Title: Manager, Governance, Valuation Product Control
Location: Toronto, ON M5X 1A1 (Hybrid • 2 days a week in the office)
Duration: 17 months
Contract Type: T4
Pay Rate: CA$55.17/Hour

Responsibilities

• Acts as liaison with all internal and external regulatory bodies
• Ensure that VPC is compliant with all internal and external regulatory requirements
• Provide guidance with respect to any changes in regulatory environment that may impact the group
• Responsible for ensuring that the month-end reporting process is accurate, complete and appropriately documented
• Establish standards for all of VPC’s documentation
• Ensure that all IPV/Valuation Adjustments documents are consistent with the Principles document and updated as scheduled.
• Ensure that all ORSD’s are updated as required.
• Ensure that documentation of the review of recommended market data sources is complete and current. This includes documentation of the methodologies and controls of third party price providers.
• Ensure that the frequency and availability of market data is appropriately documented (ORSD and ORSD Assessment documents)
• Ensure that the mid-month and month-end IPV reporting memos are complete and meet the standards established by the Director
• Enhance that the documentation of criteria for the determination of fair value leveling is complete and establish appropriate reporting
• Ensure that documentation of proxies throughout Market Risk are appropriate and consistent with the governance framework

Must Have Requirements:

• 5 – 7 years of related work experience, preferably in a financial institution or audit firm
• Strong understanding of derivative products and markets, as well as the valuation and risk management methodologies associated with these.
• Strong understanding of establishing appropriate controls required for an independent valuation group
• Solid understanding of accounting principles, finance accountabilities, and back office processes would be an asset.
• Previous experience with Capital Markets Trading Lines of Business/Capital Markets Finance

Desired Qualifications:

• CFA Certification
• Market Risk
• Global Middle Office
• Chief Accountant’s Group
• External and Internal Auditors
• Regulators
• Model Validation

• Acts as liaison with all internal and external regulatory bodies
• Ensure that VPC is compliant with all internal and external regulatory requirements
• Provide guidance with respect to any changes in regulatory environment that may impact the group
• Responsible for ensuring that the month-end reporting process is accurate, complete and appropriately documented
• Establish standards for all of VPC’s documentation
• Ensure that all IPV/Valuation Adjustments documents are consistent with the Principles document and updated as scheduled.
• Ensure that all ORSD’s are updated as required.
• Ensure that documentation of the review of recommended market data sources is complete and current. This includes documentation of the methodologies and controls of third party price providers.
• Ensure that the frequency and availability of market data is appropriately documented (ORSD and ORSD Assessment documents)
• Ensure that the mid-month and month-end IPV reporting memos are complete and meet the standards established by the Director
• Enhance that the documentation of criteria for the determination of fair value leveling is complete and establish appropriate reporting
• Ensure that documentation of proxies throughout Market Risk are appropriate and consistent with the governance framewor