Valuation Controller - Associate
You are a strategic thinker passionate about delivering strong valuation governance, transparency, and control across diverse markets businesses. You have found the right team.
As a Valuation Control professional within our Finance organization, you will spend each day supporting independent price verification and valuation control activities aligned to specific business lines, while partnering with key stakeholders to maintain a strong control environment. You will be responsible for engaging with senior management, business heads, regulators, and internal and external audit to provide clear oversight, documentation, and credible valuation reporting.
Our Valuation Control teams are responsible for a wide range of activities across 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), providing consistent valuation governance and control support to internal and external stakeholders.
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
- 6+ years of related experience
- Ability to understand complex products, and analyze transaction and process flows
- Work experience in financial industry a plus
- Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
- Ability to prioritize multiple tasks efficiently
- 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 a plus
- Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
- Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred