Senior Manager, Valuation Controller

Job description

Emirates NBD is hiring a Senior Manager, Valuation Controller within Treasury Finance in Dubai, supporting the Global Markets & Treasury business. The role ensures portfolio valuations are accurate, independently verified and supported by robust governance and controls.

It covers the full valuation control lifecycle, including Independent Price Verification, Fair Value Adjustments, Day 1 P&L, fair value hierarchy and regulatory oversight across a broad range of traded products.

Responsibilities

• Develop, enhance and maintain valuation methodologies, control standards and supporting documentation across traded products.
• Design and execute Independent Price Verification frameworks, including the sourcing and assessment of independent market data.
• Develop and maintain Fair Value Adjustment methodologies and reserves, and assess Day 1 P&L recognition, deferral and release in line with IFRS and internal policies.
• Investigate valuation movements, IPV exceptions, valuation uncertainty and reserve adequacy, while supporting fair value hierarchy assessments and disclosures.
• Partner with Front Office, Risk, Finance, Quants and Technology to resolve valuation issues, strengthen governance, support new products and drive automation across valuation control processes.

Requirements

• Postgraduate qualification or equivalent in finance, economics, mathematics or a related quantitative discipline; CFA or FRM is desirable.
• At least 8 years of hands-on experience in Independent Price Verification and/or Fair Value Adjustments, with broader valuation control experience across multiple asset classes.
• Strong knowledge of derivatives, structured products, IFRS 13, ASC 820 and Basel III, together with experience in a trading-floor environment.
• Advanced mathematical and statistical knowledge, with programming capability in Python or VBA.
• Strong communication, presentation and stakeholder-management skills; experience with Calypso, Bloomberg or Reuters is advantageous.

Benefits

• Flexible work policy

Skills

• Derivatives
• Fair Value Adjustments
• IFRS 13
• IPV
• Python
• Valuation Control