Associate, Valuation Controller

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 within the Valuation Controller team, you will be responsible for ensuring the integrity and accuracy of the firm’s valuation processes across a range of business lines, including Commercial & Investment Banking, CIO, Treasury & Corporate, Asset Management, Consumer & Community Banking, and Commercial Banking. You will serve a diverse client base, including senior management, business heads, regulators, and both internal and external audit teams.

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
• Work experience in financial industry 

• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge

   

• Strong verbal and written communications skills

   

• Ability to prioritize multiple tasks efficiently

Preferred qualifications, capabilities and skills

• Undergraduate degree with finance and economics major preferred
• Graduate degree with finance, economics, mathematics, engineering a plus
• Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred

• Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus