Manager - Valuation Control - BFS

Valuation Control is organized along business lines including Corporate & Investment Bank (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:

- 5 to 7 years of related experience in VCG

- 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