Bank Of America Equities Valuation Specialist 

United Kingdom, England, London 

332937598

Job Description:

Job Title:Equities Valuation Specialist

Vice President / Director

Responsibilities:

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

• Deep dive IPV result and address valuation issues with Trading Desk and Business Finance and Control

• Work with Quant and Model Validation to improve model governance, identify model limitation and initiate/validate Valuation Adjustment methodology

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

• Collaborate with Market Risk to develop and upgrade methodology for Liquidity Reserve, Close-out-Cost and Concentration Reserve

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

• Coordinate with global Valuation teams to drive global consistency in Valuation Control execution, reporting and governance

• Communicate complex valuation findings and challenges to Senior Management, Auditors and Regulators

• Work as mentor to junior teammates and build up technical talents

What we are looking for:

• Previous large, complex financial services organization experiences performing valuation control / risk management / model development

• Expertise on Vanilla and Exotics Equity Derivative and their Pricing Models; knowledge of other financial products also a plus

• Understanding of current global and regulatory standards and developments pertaining to valuations of financial instruments

• Excellent communication skills, both written and oral, and proven influencing and negotiation skills

• Experience with regulatory, audit and senior management interaction

• Minimum of a Bachelor’s degree, Master’s degree is highly preferred

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.