Valuation Control is organized along business lines including Corporate & Investment Bank (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 a Valuation Control Associate within the Global Finance and Business Management team, you will execute the price verification process and partner with various functional groups on valuation related issues
Job responsibilities
Execute price verification/benchmark process including the calculation of fair value adjustments
Assist with various 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 Manage value-added projects related to Business, Risk, and Finance initiativesRequired qualifications, capabilities, and skills
Minimum 3 years of related experience Undergraduate degree with finance and economics 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 Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills Ability to prioritize multiple tasks efficientlyPreferred qualifications, capabilities, and skills
Professional qualifications like CFA, FRM, CQF is a plus Prior experience with automation tools and programming language Graduate degree with finance, economics, mathematics, engineering