About the role
This is your opportunity to sit at the heart of one of Europe's most innovative structured products firms.
The Independent Price Verification (IPV) team is looking for a high-performing professional in Lisbon to play a key role in managing valuation risks across the Group and strengthening and further developing the IPV framework at Leonteq. The successful candidate will report to the Head of IPV and collaborate with colleagues from the first and second lines across multiple locations.
Our team is made up of passionate and dedicated risk managers who are eager to learn, support each other, and strive for excellence. We foster an environment where we challenge each other constructively, exchange ideas and concerns freely, and maintain a positive, enjoyable work environment.
At Leonteq, we are a leading player in the financial industry, renowned for our innovative approaches, our commitment to excellence and our entrepreneurial spirit. Our organisational values people together, passion, dedication, quality and expertise are our guiding north star.
What you'll do
- Report to the Head of Independent Price Verification (IPV) in Zurich and serve as his deputy
- Verify the daily prices and valuations of complex financial instruments across all major asset classes – equities, commodities, precious metals, FX, crypto assets, rates, fixed income, and credit
- Perform and improve the implied correlation IPV
- Review and further develop the IPV methodology and framework to align with industry best-practice and regulatory requirements
- Lead and contribute to specific projects, working groups, developments, improvements, and further automation of the IPV tools and processes in close collaboration with IT
- Review and test new developments
- Supervise and train a Junior in IPV Lisbon team
- Interact with internal and external Auditors
- Collaborate closely with Trading, Treasury, Middle Office, IT, Accounting and Project Management
- Perform quality checks to ensure integrity of bookings and trade capture
- Perform ad-hoc analysis on various risk and valuation related topics
What you'll need
- Master or Ph.D. in Finance, Financial Engineering, or a quantitative discipline
- Minimum of 5-7 years of professional experience in Valuation Control, Product Control, Risk Management, or a related control function within an investment banking environment
- Practical knowledge of the EU Prudent Valuation (PruVal) framework is preferred
- Strong quantitative and analytical skills
- Technical knowledge of Derivatives and Exotics in particular
- Understanding of risk processes
- Interpersonal skills (internal and external communications and collaboration, high standards for client services
- Results-oriented with a team player attitude, good organizational skills with a highly driven personality
- Attention to details
- Good written and verbal communication in English
Nice to have
- Experience with Bloomberg, Reuters
- Good Python, VBA, Excel and databases (SQL)
