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.
Primary Description:
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
Candidate Requirements:
3+ years of related experience
Undergraduate degree with finance and economics major preferred
Graduate degree with finance, economics, mathematics, engineering a plus
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
Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
Strong verbal and written communications skills
Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
Ability to prioritize multiple tasks efficiently