Job description

EY seeks a Valuation Specialist at Manager/Senior Manager level within the Assurance Valuation team (MENA) to review and evaluate the valuation of complex financial instruments for audit purposes and ensure accurate reporting under IFRS 9 and IFRS 13. Scope spans derivatives and hedge transactions (interest rate swaps, FX and currency swaps, credit default swaps), forward currency contracts, futures, FX spot and forwards, options, warrants, share-based payments, fixed income securities and tranches, corporate bonds, treasury bills, debt and equity securities, employee stock options (ESOPs), Total Shareholder Return (TSR) awards, convertible bonds, bonds with embedded options and Sukuk, derivative strategies and structured derivatives, contingent consideration, SAFE notes, Credit Linked Notes (CLN), Expected Credit Loss (ECL), and Incremental Borrowing Rate (IBR). Responsibilities include developing and maintaining complex financial models using Monte Carlo simulation, Black-Derman-Toy, lattice and finite difference techniques; assessing and documenting hedge effectiveness (including fair value hedges); leading derivatives valuation engagements for financial reporting; ensuring compliance with IFRS 9 and IFRS 13; utilizing Python, R, @Risk, VBA and market data from Bloomberg, Refinitiv and Capital IQ; monitoring business and economic trends to inform models; producing clear written and verbal presentations for senior management and clients; driving process improvements and workflow efficiency; and managing teams, delivery quality and professional development across engagements in the region.