8 hours

Sr Financial Analyst - Price Valuations Group

Bank of America
New York, NY
  • Job Code
Company Bank of America

Job Title Sr Financial Analyst - Price Valuations Group

Jobid bankofamerica-17070096NewYorkNY

Location: New York, NY, 10176, USA

Description **Job Description:**

**Valuation Analyst – Global Mortgages & Structured Products Finance (GMSP)**

PVG verifies trader valuations on securities and loans backed by RMBS, ABS, CMBS, as well as CDS on the same asset types. This includes both quantitative and qualitative assessments.

PVG needs to understand all pricing model inputs, pricing systems, theory, and expected capital markets execution. Where necessary, the group will create its own inputs and pricing models.

The group is also responsible for the management reporting of their independent valuation findings within the enterprise framework.

Enterprise job description:

Responsible for applying independent price testing procedures for securities and derivatives that are fair valued by the front office, primarily Non Agency securities. The individual will possess general knowledge of financial markets and products with a quantitative background suitable for critically evaluating the results of the valuation techniques.



+ Must have a Bachelor Degree (preferred Finance/Accounting/Mathematics)

+ Written and Verbal Communication Skills – Able to clearly document and communicate findings to team members, supervisors and trading desks.

+ Experience in Financial and Database Software – The candidate should possess advanced Excel skills and be familiar with Intex pricing tool.

+ Product Knowledge – The candidate will have a detailed understanding of RMBS and/or ABS obtained during experience at a bank, pricing vendor, consulting firm and or other types of financial institutions. Ideally, a good understanding of the broader operation of capital markets and FICC products.

+ Previous experience in building pricing models.

Desired Experiences

+ Mortgage product valuations experience

+ Strong Mathematical background

**Posting Date** : 10/23/2017

**Location** :

New York, NY, 250 VESEY ST (NY3004),

- United States

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.


  • Financial Services

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Sr Financial Analyst - Price Valuations Group

Bank of America
New York, NY

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Bank of America
New York, NY

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