New York, NY, USA
10 days ago
Corporate Controllers – Valuation Control Group Commodities – Vice President

Valuation Control Group covers a broad range of products across the entire liquidity spectrum.  With core valuation processes largely delivered through dedicated technology and quantitative research resources, the team focusses on insightful analysis leveraging multiple market data sources through advanced analytics platforms. 

As a Vice President of Corporate Controller in the Valuation Control Group Commodities team, you will be responsible for all aspects of the valuation control framework for the North America Power, Gas and Environmental desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement.  You will work with a wide array of Energy products and primary coverage will include Natural Gas, Power, and Environmental Products.  If you have a good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team, please apply today.

Job Responsibilities:

Be responsible for all aspects of the valuation control framework for the North America Power, Gas and Environmental desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement. Review complex transactions associated with the Global Gas business, challenging the trading business to ensure appropriate constraints/controls in place.  Identify emerging valuation risks and drive methodology enhancements to ensure valuation controls accurately capture market dynamics and opportunities to enhance control efficiency Partner with Quantitative Research and Model Review Groups to assess limitations in trading models and implement compensating controls and model limitation adjustments.  Own the relationship with Front Office and key Finance, Technology and Risk partners providing value add analysis on month-end results, illiquid and concentrated valuation positions, revenue from new deals and complex transactions and new products Partner and participate in projects within the group and the wider Finance organization together with Front Office, Quality Reporting and Technology and participate in regulatory exams and address bank’s regulators inquiries

Required Qualifications, Capabilities, and Skills:

7+ years of experience in financial industry or relevant experience Commodities markets and/or market risk experience, products experience is mandatory. Must have quantitative aptitude and keen interest in financial markets and products. Keen interest in developing and coaching a diverse team a must Critical thinker with sound judgement and ability to challenge constructively Curious personality; inclusive; detail oriented; Always looking to improve.  Strong communication skills and ability to synthesize complex subjects;  Good at multi-tasking and prioritization Basic Microsoft Office & strong Excel skills are required

Preferred Qualifications, Capabilities, and Skills:

 Understanding of or training in financial products or derivatives pricing preferred  Knowledge of data science (e.g. Machine learning), analytics platform (e.g. Alteryx) and data visualization tool (e.g. Tableau) will be advantageous
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