Job Description:

Job Title:
Cross Asset New Product LeadCorporate Title: Vice PresidentDivision: Finance

Location:
London Overview:You'll be joining the Model Risk Control team, which is responsible for checking the appropriateness of product model combinations as well as validating the product name assigned to trades across all asset classes globally. The product name is used to determine model appropriateness and classify trades for various reporting processes (such as Model Risk, Regulatory Reporting, trader mandates, etc.). The team sits with Global Valuation Group and reports to the Pricing Model Risk Management Steering Committee (PMRMSC). It interacts regularly with the Front Office (Strats and Trading), Model Risk Management, Independant Price Verification and Valuation Methodology, Pricing Analytics, Group Audit and Global Technology.Key

Responsibilities:
Liaising with senior stakeholders in Front Office trading, Pricing Analytics, Strats and model validation to approve new productsDefining the product validation logic for new products in terms of the features on the trades and ensuring validation controls are synced up with new product creationLeading the build out of preventative controls in Fixed Income Currencies for model risk controlWorking with Trading and Strats to remediate product tagging and definition issues to improve the Model Risk Control environmentBuilding relationships with stakeholders (e.g. front office) through regular interaction and co-operation, but always acting in the best interests of the BankManaging operational risk by ensuring processes are documented and staff are cross-trainedDeveloping your technical expertise to ensure you have the knowledge to face-off against technical experts in divisions outside of Global Valuation GroupReview and Supervision of product validation logic inventory for robustnessSkills & Qualifications:Previous experience working with banking products and understanding how they're bookedExperience in dealing with Front Office business leadersPricing and modelling of derivative products, with strong derivatives product knowledgeKnowledge of front-to-back architecture of Investment BanksProgramming experience in Python, C++ and Sequel Server an advantageEducated to Bachelor's degree level or equivalent qualification/relevant work experienceAccounting qualification beneficialControl focused, deadline orientated, team player with high attention to detailOur values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results andencourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. e promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.Click here to find out more about our diversity and inclusion policy and initiatives.Full time