Bank Of America Rates Valuation Specialist 

United Kingdom, England, London 

270723668

Job Description:

Job Title:Rates Valuation Specialist

Director

Responsibilities:

• Develop and enhance Valuation Control Methodology for Derivatives, including IPV, Valuation Adjustment, Valuation Uncertainty and Fair Value Hierarchy

• Create tools to support Valuation Control activities including support and enhancement of market data calibration infrastructure

• Leverage expert knowledge of financial markets, products and consensus data to understand valuation trending, liquidity and uncertainty

• Collaborate with Quant team and Model Risk Management to develop and upgrade valuation control framework as a result of ongoing pricing model consolidation

• Lead strategic projects supporting valuation analytics and architecture

• Coordinate across regions to drive global consistency in Valuation Control execution

• Drive Operational Excellence by automating the workflows with an End-to-End solution

What we are looking for:

• Knowledge of structured interest rate derivatives products for trading, pricing and risk management and broad understanding of cross-asset class products

• Previous experience in large, complex financial services organization performing valuation control / FO tech / model development in complex interest rates derivatives

• Excellent analytical and problem-solving abilities with proficiency in Python

• System design and development experience, working in cross-functional teams

• Excellent written and communication skills with ability to communicate complex issues in a simple manner

• Flexibility to adapt to changing priorities while meeting long-term objectives

• Excellent academic credentials, with a Master’s or PHD in a quantitative field such as Quantitative Finance, Financial Engineering, Physics or Mathematics

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.