VCG Rates & Exotics - Associate

Are you ready to take your career to the next level in a fast-paced and innovative environment? Our Valuation Control team is at the heart of our business, driving excellence across Commercial & Investment Banking, Asset Management, Consumer & Community Banking, and more. We are seeking talented individuals to join us in ensuring fair value and enhancing our control framework.

Job Summary

As an Associate within the Valuation Control team you will be responsible to execute price verification and benchmark processes, calculate fair value adjustments, and partner with various functional groups to address valuation-related issues. Your expertise will contribute to the development and implementation of measures that ensure fair value across our diverse business lines.

Job responsibilities

• Execute price verification/benchmark process, including the calculation of fair value adjustments
• Assist with various Valuation Control Group (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

Required qualifications, capabilities and skills

• 5+ years of related experience
• Undergraduate degree with finance and economics major
• Graduate degree with finance, economics, mathematics, engineering
• Ability to understand complex products, and analyze transaction and process flows
• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
• Analytical and quantitative aptitude.

Preferred qualifications, capabilities and skills

• Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills
• Strong verbal and written communications skills
• Work experience in financial industry