Head of Investment Valuation

We are looking for a Head of Investment Valuation to lead our Investment Valuation team and deliver asset modelling methodology and systems, short-term liquidity risk modelling and management, and other initiatives.

Responsibilities

1. Lead the Investment Valuation team in accordance with Just's behavioural principles. Drive strategy and proactively shape outcomes for the team.
2. Provide actuarial/technical expertise to support the accurate and appropriate valuation of Just's investment assets, derivatives, and repo.
3. Lead asset modelling and governance development required to value new types of assets, driving dialogue with asset managers as required.
4. Maintain a master list of Just's requirements for asset managers in respect of asset valuation and reporting.
5. Provide technical expertise to own, develop, and maintain the documentation of the Group's asset, derivatives, and repo modelling methodology, including IFRS Level 3 assets and limited-price-indexation (LPI) linked assets valuations and validations.
6. Own the technical development and maintenance of the LPI projection model and other market yield curve infrastructure.
7. Own and maintain a sustainable operating model for illiquid asset valuation and associated independent price verification ("IPV"); manage the associated asset manager and vendor relationships.
8. Analyse and explain the IFRS Level 3 asset valuation differences between Just Group and asset managers or other vendors supplying valuations where applicable.
9. Provide actuarial/technical expertise to model short-term liquidity risk.
10. Provide technical assistance/actuarial input to other initiatives associated with the Investment Operations function.
11. Assess and communicate to key asset valuation judgment areas for relevant management, executive, and Board committees.
12. Deputy chair the Asset Valuation Committee.
13. Assist with preparing clear and concise material and presentations, internal papers, approvals, and management information, where applicable.
14. Lead dialogue with external auditors regarding asset valuation matters.
15. Develop and maintain an appropriate risks and controls framework for asset valuation processes.
16. Work closely with internal stakeholders, most notably in the areas of Investments, Finance, Actuarial, and Risk, and in particular, support the regular Investment Operations processes.

Skills & Experience

1. A qualified actuary or equivalent quantitative and professional profile. The ideal candidate would have substantial experience in the Investments, Reporting, or Treasury area.
2. Track record of developing practical solutions to complex technical issues.
3. Experience in financial markets, particularly corporate bonds/loans, financial derivatives, and repo are highly desirable.
4. Excellent knowledge of fixed income assets, derivatives, and repo.
5. Knowledge of Bloomberg and FIS Quantum is desirable.
6. Excellent knowledge of Excel and VBA and potentially other financial modelling software.
7. Excellent problem-solving skills.
8. Good understanding of data management and analysis.
9. Ability to communicate complex ideas and analysis to a less technical audience.
10. Able to take the initiative to identify and solve issues proactively.

Company Benefits

1. A competitive salary, pension scheme, and life assurance.
2. 25 days annual leave plus an additional day on us for your birthday.
3. Private medical cover and income protection, just in case.
4. A generous and highly achievable bonus scheme - paid annually based on individual and company performance against targets.
5. Opportunity to progress within your career both in-role and within the company.
6. FREE access to the Headspace App, a 24/7 Employee Assistance Helpline, and trained physical & mental health first aiders (on-site).
7. A variety of employee-funded benefits available to you via our online benefits portal.
8. Plus, several additional purchase options available for you and your loved ones.