Sr. Manager, Valuation Control

We are seeking a Senior Valuation Controller to support our global Commodities Markets & Finance business, with a focus on Energy markets. The Commodities Markets & Finance group provides clients with risk and capital solutions across physical and financial markets. Traded energy products include natural gas, power, crude oil, coal, refined products and carbon emissions. In addition, the division is active across all physical energy products: natural gas, power, LNG, oil, NGLs and coal. Energy Markets also provides storage and transportation services, and commodities-based financing.

In this role you will be a key participant in expanding the capabilities and responsibilities of our Global Markets Finance team.

Your key responsibilities will include:

• reporting key results to various committees, senior management and Business Heads.
• day to day management of a team of valuation controllers responsible for ensuring the positions held in the Energy business are valued at fair market value.
• ongoing assessment of valuation methods to ensure risks are accurately reported.
• calculating complex valuation adjustments required for exotic or unobservable assets.
• provide commentary on areas of valuation judgement for inclusion in financial reports.
• reviewing new business and product proposals.
• advising the product control team on large PnL substantiation.
• documenting and reviewing policies, procedures and testing methods applied to determine fair value.
• responding to internal and external audit queries around policies, procedures and methods.

To be successful in this role you will have:

• relevant experience (min 8 years) in a similar role with a leading investment bank or trading business (such as valuation control, product control or market risk).
• a strong technical understanding of financial products and markets.
• an interest in building a career in risk management.
• the ability to critically analyze information.
• clear and concise communication, both verbal and written.
• initiative and the ability to work unsupervised.
• the ability to see tasks through to completion. 
• comfort tackling new concepts and ideas associated with on-going change in the business.

About the Financial Management & Commodities Markets and Finance Groups

The Financial Management Group provides financial, tax and treasury services to all areas of Macquarie. The group is focused on providing strategic analysis and advice to Macquarie's businesses and senior management, managing Macquarie's funding, liquidity and capital position, ensuring Macquarie continues to meet regulatory and compliance obligations and managing Macquarie's corporate affairs.

The group is focused on three key outcomes:

• Managing the Macquarie balance sheet and profit and loss optimally and strategically
• Adding value to Macquarie's senior management and its businesses by providing advice and analysis that is strategic, timely, accurate and comprehensive
• Ensuring Macquarie continues to meet the obligations within its regulatory and compliance framework

The Commodities Markets and Finance (CMF) is a global business with operations across North America, Australia, Europe and Asia.  The Division provides tailored risk management solutions to an international client base through over-the-counter derivatives and physical commodities.  Products traded include crude and oil products, distillates, fuel oils, natural gas, electricity and coal.

Our COVID-19 policy

The health and wellbeing of our employees is a priority. We continue to focus on providing a safe workplace for our people, our stakeholders and those who visit us, and are committed to contributing to the safety of the communities where we live and work.

In line with evolving health regulations and many of our industry peers, we require all Macquarie employees in the United States to be fully vaccinated against COVID-19 and provide proof of full vaccination in order to attend the office and to participate in external meetings and business travel, unless a reasonable accommodation is approved or as otherwise required by law.

Our commitment to Diversity and Inclusion 

The diversity of our people is one of our greatest strengths, and an inclusive workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.