XVA Product Controller - Vice President

A leading global financial services organisation is seeking a VP - XVA Product Controller to join their London-based Finance team. This is an exceptional opportunity for you to become a key member of the Business Resource Management (BRM) Product Control function, which plays a pivotal role in managing counterparty credit and funding risk across multiple regions.

What you'll do:

• Oversee the daily management of the Funding Valuation Adjustment (FVA) aspect of Business Resource Management (BRM), coordinating activities globally across multiple regions including Asia, Japan, the US, and India.
• Act as the primary point of contact for the Global FVA head based in London, facilitating effective communication and collaboration with over ten BRM traders.
• Verify trades and ensure accurate daily profit and loss reporting while resolving ad hoc queries efficiently to maintain operational excellence.
• Produce Key Risk Indicator (KRI) reports and drive process improvements by identifying opportunities for change within existing systems.
• Maintain and enhance processes using your deep understanding of XVA controls to support robust risk management practices.
• Partner closely with Front Office teams and other control functions to build and develop control and governance frameworks tailored to bespoke or evolving business lines.
• Manage relationships with senior traders as well as offshore teams, business managers, regulatory reporting units, and risk management stakeholders to ensure seamless operations.
• Support independent price verification processes and reserves reviews by providing expert analysis on new transactions and products.
• Contribute to cross-departmental projects focused on automation and technology enhancements that improve efficiency throughout the organisation.
• Champion compliance with accounting standards, regulatory requirements, and valuation guidance while optimising deployment of financial resources.

What you bring:

• Demonstrated experience in product control within a major financial institution is essential for success in this role.
• An accounting qualification or numerate degree such as mathematics or finance is highly desirable to underpin your technical expertise.
• Comprehensive familiarity with credit derivatives, rate derivatives, and foreign exchange derivatives is required for effective oversight of complex trading activities.
• In-depth understanding of Credit Support Annexes (CSA) and their impact on derivative valuation including CVA (Credit Valuation Adjustment) & FVA (Funding Valuation Adjustment).
• Proven ability to manage relationships with senior traders as well as offshore teams, business managers, regulatory reporting units, risk management professionals, and other key stakeholders.

Apply today by clicking on the link provided.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates