Valuation Control Sr. Analyst - Credit and Structured Products

Citizens•Boston, MA

4d•$157,000 - $165,000

About The Position

Valuation Control Analyst, Credit and Structured Products will report to the SVP – Head of Valuation Control within Commercial Banking and is a new role within Citizens. The incumbent will play a critical role and have several key responsibilities in supporting Valuation of Citizens fair value asset portfolios. This role is a ground floor opportunity to assist in the build out of a group in a growing part of Citizens business.

Requirements

Previous Product Control, Valuation Control or Independent Price Verification coverage for one or more of following products: Convertible Bonds, Asset-Backed Securities, HY/IG Bonds, Mortgage/Mortgage Servicing Rights

Nice To Haves

CFA/FRM Preferred
Masters in quantitative discipline

Responsibilities

Execute a price verification/benchmark process including the calculation of fair value adjustments.
Work with Trading, Middle Office, Finance and Model Risk to continually monitor the various valuation risks of the business and implement appropriate adjustments.
Perform analysis of markets, P&L, & Risk daily with understanding of the factors that drive the valuation risk.
Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments, and implementing new tools to enhance control efficiency.