Associate, Valuation Controller

The Firmwide Risk Reporting and Middle Office (RRMO) team, a part of Corporate Risk Management, is responsible for producing internal and external reports and analysis essential for managing risk in dynamic market conditions. Additionally, the team supports regulatory requirements related to Data Aggregation and Risk Reporting, and ensures the implementation of controls to assess the quality of risk data. Within RRMO, the Wholesale Credit Risk Reporting team (WCRR) plays a crucial role in delivering comprehensive, timely, accurate, and valuable data concerning credit risk originating from the Firm's wholesale lines of businesses. WCRR collaborates with key stakeholders such as the Firmwide Chief Risk Officer, Chief Financial Officer, Wholesale Chief Credit Risk Officer, senior Credit Risk Management, Investor Relations, SEC Reporting, Finance, and Regulatory Reporting. WCRR is currently seeking a dedicated individual for an analytical position that involves engaging in conceptual discussions with stakeholders and translating them into high-quality outcomes. The ideal candidate should possess the ability to interpret and question numerical data effectively, as well as narrate the underlying story. As an Associate, Valuation Controller within the Wholesale Credit Risk Reporting team, your responsibilities will include conducting portfolio analysis of the firm's Wholesale Credit Risk exposure, supporting the production of monthly credit risk data, contributing to Risk Reporting standardization, scrutinizing data accuracy, and enhancing the control framework for WCRR. Key Job Responsibilities: - Conduct portfolio analysis of the firm's Wholesale Credit Risk exposure for monthly and quarterly reports to senior risk management, focusing on areas like Leveraged Finance, Industry Concentrations, and Pending Commitments. - Assist in creating monthly credit risk data, analytics, and commentary for use in quarterly CFO earnings preparation, Investor presentations, and SEC 10Q/10K reporting. - Contribute towards developing and standardizing Risk Reporting across various lines of business, including Corporate and Investment Bank, Commercial Banking, and Asset and Wealth Management. - Engage in challenging the numbers by investigating, documenting, and resolving both new and existing data quality issues. - Enhance the overall control environment for WCRR by devising new controls, automating manual processes, and refining team documentation. Required Qualifications and Skills: - Bachelor's degree - 3+ years of experience in risk and/or financial reporting; candidates with aligned skillsets and goals may be considered for this role even with less experience. - Understanding of credit risk encompassing traditional credit products and counterparty risk. - Familiarity with the Firm's credit risk systems such as iCRD, CRRT, SELM. - Proficiency in Microsoft Office and Business Objects. - Strong interpersonal skills essential for effective teamwork and cross-departmental communication.,