1+ months

Valuations Analyst

New York, NY 10176
Valuations Analyst

New York, New York

**Job Description:**

The Global Banking and Markets CFO Group has an opening for a Valuation Analyst in the Global Valuation Groups Methodology team. GVGs Methodology team is responsible for developing and maintaining valuation methodology, tools and techniques used in independent price verification and fair value assessment. As a valuation analyst, you will contribute to the development and implementation of systematic strategies for securities and loans, dedicated to an IPV automation project.

Key Responsibilities:

+ Partner with Business Finance and Control, Quantitative Strategies Group, Markets Technology and Market Risk to automate the IPV methods developed by the Global Valuation Group.

+ Research, develop and incorporate existing and emerging market data sources into IPV processes with a focus on fair value and understanding valuation uncertainty

+ Serve as an expert in analytics technologies, including emerging machine learning libraries and platforms

+ Research, develop and incorporate business and process analytics into production IPV solutions

+ Identify, prioritize, refine and execute on business requirements that add value, improve the firms control infrastructure and analytical tools

+ Author specifications by example and develop prototypes using the firms trading infrastructure

+ Serve as an SME in product knowledge for securities and loans trading

Enterprise Role Overview

Individual Contributor responsible for the price testing methodology of complex instruments / risks. Works with Business Finance and Control, Quantitative Strategies Group and Technology teams to develop valuation control methodologies and tools. Actively monitors the valuation / pricing risk of these portfolios. Understands the liquidity of the market and pricing dynamics of the traded instruments and risks. Ensures that valuation methodology is consistent with risk replication and trading / hedging strategy. Understands the operation of valuation models at detail level.

Valuation Analysts possess broad knowledge of financial markets and products with a quantitative background and programming skills.

Required Skills:

**Education Requirement** : Bachelors degree in Finance, Computer Science, Physics, Math, Data Science or a related field.

**Experience Requirement** : Five (5) years of progressive experience in the job offered or related.

*Alternatively, Employer will accept a Masters degree in Finance, Financial Engineering, Physics, Math or related and two (2) years of experience in the job offered or related.

**Special Requirements** : Must have experience with:

Experience with the credit asset class, ideally with Structured Credit or Bank Loans.

Experience with financial valuation theory, methodologies and applications

Programming experience, preferably in Python.


1st shift (United States of America)

**Hours Per Week:**


Full time


Manages People: No

Travel: Yes, 5% of the time

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. Candidates must possess authorization to work in the United States, as it is not the practice of Bank of America to sponsor individuals for work visas.

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: 2019-03-21 Expires: 2019-12-26

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Valuations Analyst

Bank of America
New York, NY 10176

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