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Optiver
Senior Product & Valuation Controller
🌎Sydney, Australia
5d ago

Job Description

WHO WE ARE

Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.

Optiver’s Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we're an active participant on the Hong Kong, Korea, Singapore, India, Taiwan and Japan exchanges, and act as Optiver’s APAC head office. 

WHAT YOU’LL DO

Product Control provides independent control of trading activities and is responsible for validating the trading balance sheet in terms of completeness and valuation and ensuring the accuracy of P&L reporting. The team supports the business by managing key controls over trading transactions and providing timely and accurate financial information.

This position provides enhanced validation and assurance to the existing independent valuation activities, partnering with Trading and Market Risk to ensure all trading positions in all markets are appropriately marked to fair value. 

In this broad and exciting role, your main responsibilities will include:

  • Accountability for the design, execution and operating assurance of all trading book independent valuation controls.
  • Driving the Valuation Control agenda across the organisation, ensuring new and emerging risks in our various products and markets are identified, escalated and managed appropriately.
  • Applying your knowledge of financial products and accounting standards to ensure correct valuation and accounting of financial instruments on the balance sheet.
  • Partnering with Traders and other stakeholders to ensure valuation verification is adequately addressed in all new business activities.
  • Driving various technology and automation initiatives through the Product Control team, working collaboratively with technology teams.
  • Leading the broader Product Control team on key initiatives and contributing to the active learnings and development of future control talent in the team.

 

WHO YOU ARE

You will have had several years’ (3+) experience working in a Valuation, Market Risk or Product Control role with demonstrated subject matter expertise in valuation, risk management and accounting for all types of financial instruments.

To be considered, you should possess:

  • A Finance or related bachelor’s degree
  • A strong understanding of the fundamentals of valuation, risk management and accounting for exchange and over the counter cash and derivative financial instruments.
  • An innate drive to succeed and collaborate with high performing individuals
  • Strong data analysis and problem-solving capabilities in various applications, excel, vba, various BI tools, SQL, Python

 

WHAT YOU’LL GET

  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Competitive remuneration, including an attractive bonus structure and additional leave entitlements
  • Training, mentorship and personal development opportunities
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast, lunch and an in-house barista
  • Regular social events including an annual company trip

 

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.