You will identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty.  The Valuation Control Group (VCG) also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty.

As an Associate in the Valuation Control Group, you will be responsible for all aspects of the valuation control framework relating to products such as, but not limited to, Deposits, Securities, Loans and Long-Term Debt instruments.  You will also focus on insightful analysis leveraging multiple market data sources through advanced analytics platforms

Job Responsibilities:

Assist with the development of valuation framework reviews, monitoring of market relevant indicators to assist in calibrating pricing parametersApply fair value concept to comply with Financial Accounting Standards Board guidance on Fair Value Hierarchy disclosureImplement new tools to enhance control efficiency and contribute to methodology enhancementsAct in a challenger capacity to ensure proper vetting of price valuation takes placePartner with Quantitative Research and Model Review Groups to assess limitations in pricing models and implement compensating controls and/or model limitation adjustmentsPartner with stakeholders on valuation related initiatives, regulatory exams and internal and external audit inquiriesAssist with management reporting of valuation results or other similar responsibilities

Required Qualifications, Capabilities, and Skills:

Experience in mortgage and securitized product2+ years of experience in fixed income valuationBachelors degree in Finance, Accounting, or other related fieldGood understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing teamStrong communication skills and ability to synthesize complex subjects

Preferred Qualifications, Capabilities, and Skills:

Knowledge of data science (e.g., Machine learning), analytics platform (e.g., Alteryx) and data visualization tool (e.g., Tableau) a plus