Manager, Valuations – Commodities
Core
Lead end-to-end accountability for Independent Price Verification (IPV) and Valuation Adjustment (VA) processes for physical and financial commodity products across trading desks.
Role type
Manager, Commodities Valuations & Product Control
Builds
Robust market data sources, valuation methodologies, and quantitative techniques to validate fair value for energy, metals, and structured commodity products.
Domain
Capital Markets / Commodities / Financial Reporting
Deliverable
production ML models | dashboards & analysis | client delivery
Required skills
Commodities product expertise (energy, metals, futures, options, swaps, forwards), IPV and VA process leadership, Fair value measurement and hierarchy classification, Market observability and curve/surface construction, Financial reporting controls, Stakeholder management across trading/risk/tech, Regulatory standards knowledge (IFRS 13, FRTB, OSFI)
Preferred skills
Python for financial analysis and automation, Professional designations (CFA, CPA, FRM), Experience with valuation systems and market data platforms (Bloomberg, Refinitiv)
Technologies
Python, Bloomberg, Refinitiv, General Ledger (GL), ERP systems
Responsibilities
Oversee team conducting IPV and VA for commodities trading businesses; Ensure governance and process efficiency in IPV/VA delivery including broker/exchange price testing; Lead initiatives to enhance IPV methodologies and tools; Build partnerships with trading desks, risk, finance, and tech teams; Act as subject matter expert for commodities IPV matters; Provide oversight of documentation and internal control processes; Contribute to development of automated tools and dashboards; Ensure effective response to audit and regulatory inquiries; Monitor emerging trends in regulatory valuation standards; Support new product assessments with valuation controls.
Seniority
Manager, hands-on leadership
