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Position: Head of Valuation Testing Reporting
Job Number: MS01866
Location: NY - New York City
Date Posted: 2010-07-27
Salary Range: Over $150k
Job Summary:

Join This Premier Investment Bank

Company Information:

Name: Leading Investment Bank

Job Description:

  • Primary deliverable is the Monthly Consolidated Inventory Valuation Review for the Investment Bank.  There are also additional monthly deliverables to Product Control that summarize valuation testing metrics, exception reports and other control-related reports or processes.
  • This person will be a key participant in the development of next generation valuation testing reporting systems and will work closely with the Product Control Reporting Group and the Strategic Process Change Group on enhancing existing systems and defining requirement for future development.
  • This person will also work closely with his/her peers within VRG in defining new policies and procedures and guidelines for implementation of policies and procedures.  Additionally this person will be a point person for communication with his/her peers in Product Control Price Testing.

Requirements / Qualifications:

  • This person needs be a good communicator.  They need to tailor their message for the recipient recognizing that his/her audience may be top management, peers within Product Control, senior management of other divisions or more junior staff.
  • This person needs to be organized and be able to organize a complex consolidation and reporting function such that it is most efficient and minimizes errors.  Organization extends to the process of collecting information, synthesizing/editing, presenting and storing the results.
  • This person should have experience in management reporting in a Global Investment/Commercial Bank with experience in reporting price testing results.  A working knowledge of the investment banking products of derivatives, cash instruments, and structured products is a must.
  • This person should understand the different roles of control in an investment/commercial bank and the interactions between product control, reporting, financial accounting, etc.
  • This person should have experience in developing technology solutions for their business with specific experience in management reporting a definite plus.
  • This person should have experience managing a staff including prioritizing work and developing skills. 

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