1+ months

Director; Valuation Specialist

New York, NY 10176
Director; Valuation Specialist

New York, New York;New York, New York

**Job Description:**

**Director** on the Americas Global Valuation Group ( **GVG** ) Methodology team at Bank of America. GVG is part of the Global Banking and Markets CFO group, providing valuation and independent price verification ( **IPV** ) guidance/support to Global Banking and Markets (GBAM) Finance.

Main Responsibilities:

+ Coverage would be mostly focus on **XVA** related topics (CVA, FVA, DVA)

+ Create, enhance and document **independent product valuation** methodologies

+ Enhance market data **calibration** methodologies and participates to the **model control** framework

+ Perform in depth analysis of **valuation issues** and communicate findings to senior stakeholders

+ Provide senior leader with valuation updates and partner with business to enforce valuation **control**

+ Ideal candidate would combine **quantitative** and **practical** knowledge of XVA pricing and management

Focused on developing and challenging independent product valuation methodologies mostly focusing on XVA for derivatives of rates/equity, credit, and structured notes in GBAM. Responsibilities also include involvement with model review and market data calibration. Ideal candidate would leverage a combination of quantitative knowledge of financial markets and products with a practical understanding of XVA pricing and risk management suitable for critically evaluating the results of control procedures applied.

**Strong communication skills** are required as well as technical capacity. Interaction with senior Finance, Risk, and Trading Management as well as a Regulator focus. Candidate should be able to clearly communicate complex issues, process, and results to senior management, business management, control partners, regulators and internal/external auditors. Must be able to develop and manage an independent, but constructive, relationship with business management and control partners. Candidate must possess industry leading technical knowledge of financial markets and products within multiple markets sectors that should be complemented with deep quantitative expertise necessary to critically evaluate the results of control procedures applied.


1st shift (United States of America)

**Hours Per Week:**


Learn more about this role

Full time


Manages People: No

Travel: No


Talent Acquisition Contact:

Referral Bonus:

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf .

To view the "EEO is the Law" Supplement, CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .


  • Banking / Finance
Posted: 2020-02-01 Expires: 2020-06-05

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Director; Valuation Specialist

Bank of America
New York, NY 10176

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