Internship: Group Finance - Treasury Financial Control & Advisory / Valuation Control [May 2021 - De

Job Description

Job Description:

The Valuation Control (VC) team is part of the Treasury Financial Control & Advisory department, which falls under the Group Finance Division in OCBC Bank. The main tasks of the VC team include formulation and reviewing of valuation adjustment policies and methodologies as well as performing independent price verification processes.

We are looking for a dynamic and driven individual to assist a senior VC analyst in reviewing different valuation models and proposing new model valuation adjustments methodologies. The individual will have the opportunities to work with Front Office, Market Risk and Product Control teams on valuation and market data related tasks.

• Review exotic products such as cancellable swaps, FX Tarns and the valuation models

• Understand the assumptions and limitations in the valuation models and propose new model valuation adjustments

• Assist in independent price verification of correlation and equity volatilities

• Automate month end activities

• Participate in Bank's initiatives such as CVA, IBOR transition

• Work closely with product controllers, market risk department and the front office to identify and resolve valuation related issues

Qualifications

Preferred Tertiary Education/Course of Study:

• Master's degree in Applied Finance or any quantitative discipline

Other Requirements:

• Strong financial product knowledge
• Understanding of common valuation techniques, market data inputs and models
• Good programming knowledge such as python or VBA