Valuation Control is organized along business lines including Credit, Equities, Securitized Products, etc. . Clients of the group include senior management, business heads, regulators, and both internal and external audit.
As a valuation controller in Valuation Control, you will build your career while working in the world’s most innovative bank which values creativity and excellence.
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
Preferred qualifications, capabilities, and skills
- Undergraduate degree with finance and economics major preferred
- Graduate degree with finance, economics, mathematics, engineering
- Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills
- Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
- Ability to prioritize multiple tasks efficiently