Associate, Valuation Controller
Associate, Valuation Controller
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Job Description
Valuation Control is organized along business lines including Commercial & Investment Banking (Macro Products Credit Equities Securitized Products IB Risk) CIO Treasury & Corporate (CTC) Asset Management Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management business heads regulators and both internal and external audit.
Job Summary
As an Associate Valuation Controller within the Valuation Control Group you will execute price verification and benchmark processes calculate fair value adjustments and assist with established practices and control initiatives. You will partner with various functional groups to address valuation-related issues enhance control frameworks and participate in value-added projects related to Business Risk and Finance initiatives.
Job responsibilities
- Execute price verification/benchmark process including the calculation of fair value adjustments
- Assist with various Valuation Control Group (VCG) established practices and control initiatives as well as perform necessary work relating to management reporting regulatory mandates and consistency within the broader VCG framework
- Partner with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
- Enhance existing control framework including reviewing independent pricing processes assessing potential coverage developments and implementing new tools to enhance control efficiency
- Participate in other value-added projects related to Business Risk and Finance initiatives
Required qualifications capabilities and skills
- 5 years of related experience
- Ability to understand complex products and analyze transaction and process flows
- Understanding of valuation concepts as they pertain to financial products and derivatives basic accounting knowledge
- Analytical and quantitative aptitude. Candidates with quantitative backgrounds
- Strong verbal and written communications skills
- Ability to prioritize multiple tasks efficiently
Preferred qualifications capabilities and skills
- Undergraduate degree with finance and economics major
- Graduate degree with finance economics mathematics engineering
- Work experience in financial industry a plus
- Experience with Advanced Excel PowerPoint Visual Basic automation and database skills
Required Experience:
IC
Employment Type
Full-Time
