Valuation Controller - Associate

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 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

• Other value-added projects related to Business, Risk, and Finance initiatives

Required qualifications, capabilities, and skills:

• 3+ years of related experience

• 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 preferred

• Strong verbal and written communications skills

Preferred qualifications, capabilities, and skills

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

• Ability to prioritize multiple tasks efficiently

• Work experience in financial industry a plus

• Graduate degree with finance, economics, mathematics, engineering a plus