Market Valuation and Risk Management – Valuations Senior Specialist - AVP

Job Title: Market Valuation and Risk Management – Valuations Senior Specialist - AVP Location: Manila Corporate Title : Assistant Vice President The Market and Valuation Risk Management (MVRM) group is a 2nd line of defence (2LOD) control under the Bank’s Chief Risk Office. MVRM globally identifies, assesses and manages the market risks, and is responsible for independent valuation of balance sheet positions, predominantly across the Corporate & Investment Bank (CIB). Market Conformity Control (MCC), and Exotic Trade Review (ETR) are two key 2LOD control teams under MVRM’s Valuation Control unit. MCC performs independent validation that transactions conform to prevailing market levels at time of execution using pre-determined methodologies. ETR, on the other hand, checks and validates economic terms of dually-booked exotic trades match with executed legal documents agreed with the Bank’s clients. Aside from MCC and ETR teams, the Technical Valuations (Tech Vals) team is a part of MVRM's Valuation Control unit, drives the change, innovation and AI strategy for two key 2LOD control teams: (1) Market Conformity Control (MCC) which independently validates that transactions adhere to prevailing market levels at the time of execution, using established methodologies, and (2) Exotic Trade Review (ETR) which checks and validates that the economic terms of complex, "exotic" trades match the executed legal documents agreed upon with clients. Tech Vals ensures these control functions remain cost-effective, robust, and adaptable to future opportunities and challenges through technology and innovation. What we’ll offer you Competitive Salary Attractive Retirement Benefit Medical and Life Insurance upon employment 20 days Annual Vacation Leaves Your key responsibilities (for Market Conformity Control and Exotic Trade Review) Market Conformity Controller identifies and escalates potential off-market exceptions to Front Office, and/or other key functions of the Bank part of the transaction. Exotic Trade Reviewer ensures key economic terms of exotic trades (i.e. trades modelled on two different settlement and risk & PnL platforms) are appropriately represented in the trade booking securities. Identify and highlight control gaps in trading and booking practices with 1st line of defence (1LOD) stakeholders such as Business Control and Business Compliance. Serve as main POC for issues managements and resolution, including escalations from stakeholders. Regularly review utilized methodologies amidst dynamic market environment Take ownership in change initiatives and implementations which may include discussions with Technology and Strats teams Proactively identify process gaps for remediation, and deliver continuous improvement initiatives (for Technical Valuations) Design, develop, and implement robust Python-based solutions for complex valuation, risk management, and control processes, leveraging machine learning and artificial intelligence techniques. Build and maintain scalable data pipelines and data processing frameworks to support advanced analytical models. Collaborate with MVRM quantitative analysts and stakeholders to translate complex business requirements into technical specifications and deliver effective, innovative solutions. Develop, test, and deploy machine learning models to identify valuation anomalies, improve data quality, and enhance efficiency of control processes. Research and evaluate new technologies and methodologies in Python, ML, and AI to continuously improve our technical valuations framework. Integrate Python-based solutions with existing systems and data visualization tools (e.g., Tableau) to provide actionable insights and automated reporting. Ensure all developed solutions are well-documented, maintainable, and adhere to best practices for code quality and security. Your skills and experience (Market Conformity Control and Exotic Trade Review) Bachelor's Degree in either Math,