You are a strategic thinker who is passionate about driving solutions in Valuation Control, and you've found the right team.
As a Valuation Control Associate in our Finance team, you will spend each day defining, refining, and delivering set goals for our firm.
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). Your clients will include 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 initiativesRequired qualifications, capabilities, and skills
5+ years of related experience Strong verbal and written communications skills 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 Ability to prioritize multiple tasks efficientlyPreferred qualifications, capabilities, and skills
Work experience in financial industry a plus Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred Undergraduate degree with finance and economics major preferred Graduate degree with finance, economics, mathematics, engineering a plus Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus