Job Description:
Valuations Manager
Introduction

Our client is looking for a Valuations Manager to determine the true economic value across multiple asset classes and drive the on-going development and improvement of valuations.
Description
Minimum Education

Bachelor’s Degree with specialisation in Mathematical Finance, Statistics or Econometrics
Minimum Experience

1 - 3 years’ experience in Pricing, Risk Management, Data Analytics and Quantitative modelling/Model Development.
Familiar with financial markets, knowledge and experience with derivative valuations or trading experience.
Background in financial instruments and structures in the South African listed environment
Description

Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets
Prepare technical and descriptive documentation and research on academic and market practitioner valuation methodologies to enhance the efficiency or improve the quality of pricing
Complete allocated daily operational valuation processes within SLA times and in accordance with a zero-calculation error target
Build strong relationships with other members of the valuations team through continuous engagement and knowledge sharing sessions to ensure high delivery standards
Participate in and contribute to peer to peer discussion sessions regarding changes to valuations methodologies as and when necessary to ensure stakeholder understanding
Develop and sustain relationships with service provider/vendor/supplier administrative staff to facilitate the effective procurement to pay process with service providers/vendors/suppliers
Manage own delivery against agreed deliverables and set timelines, identify obstacles to delivery and take appropriate action where required to ensure deadlines are met timeously
Identify obstacles and major challenges through continuous evaluation of processes and standards in order to ensure effective operational alignment to strategic priorities
Prioritise urgency of determining valuations of new instruments by effectively managing and adhering to given timelines and protocol
Choose appropriate communication styles for different audiences by adjusting the message to the level of understanding of various audiences
Maintain and uphold the organisation’s reputation of independence, transparency and integrity by ensuring correct pricing models, adherence to rules in all communication forums
Ensure all relevant stakeholders (internal/external) receive the relevant information within agreed upon timeframes to ensure they meet their own publishing deadlines
Respond to queries with regard to valuations by explaining formulas/rationale used to determine the valuation of instruments whilst maintaining the independence, transparency and integrity of the organisation
Under direct supervision, assist with research and reporting on best practices for valuation methodologies and modelling results to ensure integrity of valuations for the organisation and clients
Utilise relevant derivative pricing models to determine an objective measure of a derivatives true value to assist investors in reaching a fair transactional agreement as part of daily operational responsibility
Assume responsibility and ownership of the valuation process by ensuring the accuracy and quality by collecting and verifying data from both internal and external sources
Apply relevant pricing model applications and various methodologies to ensure robustness of the mathematical verifications prior to publishing of valuations by adhering to the relevant built in checks and balances
Review systems and processes within the team and make recommendations on effectiveness and efficiency levels by automating processes and implementing continuous improvement methodologies
Proactively monitor accuracy of valuation processes and results by using initiative to develop/implement improvements in the various systems and models utilised within the Valuations Team
Work with the relevant automation team to develop automated valuations computer systems, assist with the technical training and documentation of valuation techniques
Manage time and resources by adhering to timelines of operational
Take ownership of all decisions on pricing of individual instruments and benchmarks in an operational context without reference to others, including overriding pricing by applying expert judgement of non-standard scenarios
Build an understanding around the complexity of working with many instruments by constantly analysing market trends and understanding the various products
Identify failure points (root cause analysis) by proactively analysing risks, understanding the mechanics of the valuations processes and applying corrective action to minimise risks to the organisation and stakeholders
Manage complexity by mastering knowledge base of a broad range of financial instruments and benchmarks by keeping abreast of all factors influencing valuations
Ensure zero valuation interpretation error ratings to mitigate risks/costs to the Group by applying professional judgement and knowledge to determining final valuation
Manage and identify potential risks of key failure points by establishing a control framework to manage and eliminate mechanical and/or interpretation errors in valuation inputs and implement improvement mechanisms
Adhere to the predefined market publishing timelines as agreed to within the internal and external SLA’s, to ensure compliance of the various Valuations Definition Frameworks within the group
Self-Management
Transformation and Innovation Contribution
Our client is an equal employment opportunity employer and invites all designated groups, including people with disability to apply.