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 role is for Equity Valuation controller profile where the person is required to have valuable derivative knowledge specially on Equity products. Experience in Valuation Control and Product Control is preferred. Knowledge of coding languages like Python & SQL is an added advantage. The role requires Month End cycle of production of valuation results like Reserves and Price Testing. Apart from that control mindset and attention to details are a must.
Primary the controller will 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 specially in PC and Valuation control. Understanding of valuation concept