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Valuations Analyst

Bank of America | New York NY 10281 USA | Full Time | Posted: 10/15/2019

Job Descriptiontop

Job Description:

The Global Banking and Markets CFO Group has an opening for a Valuation Analyst in the Global Valuation Group’s Methodology team. GVG’s 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 firm’s control infrastructure and analytical tools
  • Author specifications by example and develop prototypes using the firm’s 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: Bachelor’s 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 Master’s 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:


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Location New York, NY, 10281, United States
Categories Banking/Investment

Location Maptop

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Job Code 19019103

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