Bank Of America Valuation Controls Specialist 

United Kingdom, England, City of Westminster 

381579919

Job Description:

Job Title:Valuation Controls Specialist

Up to Vice President

Responsibilities:

• A member of the EMEA Global Rates BFC team within London covering Financial control, P&L and balance sheet controls, Valuation controls and regulatory and audit interactions

• 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.

• 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

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.