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:
- This is a Valuation controller role under Valuation control Group for VCG. Where the controller is responsible for Equity Product covering Derivatives & Securities.
- The candidate is expected to have Derivative knowledge and their valuation on various products e.g. Swaps, Options, Forwards, Convertible Bonds.
- Knowledge on coding languages like Python, SQL, VBA is a plus as they are used in many processes.
- The Role is for America coverage region with tentative timings from 12PM to 9PM approx.
- 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 Valuation Control a big 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 Python, SQL, Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus.
- Ability to prioritize multiple tasks efficiently
