Bank Of America Valuation Controls Specialist 

France, Ile-de-France, Paris 

830563811

Job Description:

Job Title:Valuation Controls Specialist

Vice President / Director

Responsibilities:

• Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for quarterly disclosures.

• Working with the GVG group to ensure ongoing review & enhancement of valuation control methodologies and practices. Ensuring procedure documents are accurate and up to date.

• Assisting in the streamlining and enhancement of all BFC processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.

• Leading business forecast routines and new product reviews.

• Engaging with the Accounting Policy Group to implement appropriate accounting policies and procedures.

• Contributing to governance process, operational error reporting and support of other internal control process, including SOX

• Performing supervisory review over work performed by the product control team in India

What we are looking for:

• Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts is preferable.

• Good, recent working knowledge of Interest Rates Derivatives/ Valuation Control

• Understands complex non-Linear products and their valuations

• Applies Financial Accounting & Reporting Expertise

• Applies Financial Analysis and Reasoning Skills

• Demonstrates Accounting Knowledge

• Capable of devising valuation methodologies and automate using various tech tools

• Experience in a Global, Matrix Organisation preferred

France

• Competitive retirement plan in addition to State plans

• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.

• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers

• Life and disability insurance

• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later

• Reimbursement of 50% of your commuter pass

• Nursery scheme for children under age 3

• Works council benefits

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

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

• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

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