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Job description / Role
Up to 35,000AED + Family Benefits
PURPOSE: To work as part of the International Finance team, responsible for financial reporting. To support accurate asset valuation of ~13,000 assets held within Open Architecture products, ensuring adherence to Group Asset Valuation Business Standards, and reporting requirements.
ACCOUNTABILITIES/ OUTPUTS
- To perform independent price verification and valuation analysis on a wide range of alternative investments and structured products, held within the Open Architecture proposition and external management firms, using solid knowledge of alternative investment assets
- Review and interpret asset documentation and reports for hard-to-value assets to determine appropriate pricing for fair value, meeting the Group Asset Valuation Business Standards
- Communicate with the relevant parties to acquire necessary asset information and valuation data, including participating in and performing due diligence and pricing reviews with various external asset managers and third-party valuation service providers
- Assists with and/or prepares the reporting of price changes to ensure fair value accounting for hard-to-value assets, and to document and support rationale behind changes to asset prices, particularly where assets are stale, in suspension or liquidation
- Design, implement and perform process, as required, to support independent validation of externally provided valuations for alternative investments and structured products
- Validate pricing models and methodologies used by third party valuation vendors and structured product issuers
- Document pricing procedures and ensure auditability for model priced positions; prepare and maintain on-going documentation with regard to valuation policies, processes and internal controls
- Assists with preparation and documentation for an Investment / Valuation / Finance Committee focusing on key pricing and valuation initiatives and decisions
Requirements
- Degree in accounting, finance, economics, mathematics or other statistical field is preferred
- Holds CISI Certificate in Investment Management or CFA Investment Management Certificate, or other level 4+ Investment related qualification
- Detailed knowledge of markets, financial instrument valuation and risks measurement in a complex product area
- Experience with Bloomberg, Interactive Data, or other financial and investment market data and use of their associated application interface functions preferred
- Ability to collect and analyse large amounts of market information, extract its essence and incorporate the findings into valuation and pricing processes, providing independent valuations
- Ability to communicate complex topics and issues to management in an effective manner
- High level of competence with Microsoft packages, especially Excel
About the Company
At Hays, we invest in lifelong partnerships that empower people and businesses to succeed. With over 50 years’ success under our belts and a workforce of 10,000+ people across 32 countries, we’ve evolved to put our customers at the heart of everything we do.
So much more than a specialist recruitment business, what really sets us apart is our knowledge through scale, deep understanding and our ability to meaningfully innovate for our customers. By providing advice, insights and expertise on issues you face today in the fast-paced world of work, we help you make the right decisions for tomorrow.
Offering an unrivalled suite of recruitment and workplace solutions, whether you’re looking for what’s next in your career, or have a gap to fill, we’ll help you get where you want to go.
You can rely on us to deliver today and help you plan for tomorrow.