Valuation Analyst

Bank of America; London, North East Derbyshire; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Valuations Specialist to enhance their valuation control frameworks. In this role, you will engage with senior stakeholders, regulators, and auditors to ensure compliance and accuracy in valuation reporting. You will have the opportunity to work in a dynamic environment, contributing to projects that improve efficiency and consistency across asset classes. This role offers a chance to grow within a diverse and inclusive workplace, with a commitment to your well-being and professional development. Join a team where your expertise will make a significant impact!

Benefits

Comprehensive Healthcare

Competitive Pension

Flexible Benefits

Mental Health Support

Childcare Support

Charitable Donation Matching

Access to Arts and Culture Programs

Qualifications

• Experience in valuation control or risk management within financial institutions.
• Knowledge of regulatory frameworks around Fair Value and Prudential Valuation.

Responsibilities

• Present valuation control results to senior stakeholders and regulators.
• Liaise with auditors and ensure timely remediation of regulatory matters.

Skills

Valuation Control

Risk Management

Product Control

Regulatory Knowledge

Communication Skills

Stakeholder Management

Adaptability

Education

Bachelor’s Degree

Master’s Degree

Job description

Job Description:

Job Title: Valuations Specialist

Location: London

Corporate Title: Vice President

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

We are committed to being a diverse and inclusive workplace, hiring individuals from broad backgrounds and investing in our teammates' well-being with competitive benefits.

Bank of America values collaboration and flexibility, offering various work arrangements depending on the role.

Joining us means a great career with opportunities to learn, grow, and make an impact. Join us!

Location Overview:

Our London office is located near St. Paul’s Cathedral on King Edward Street, featuring modern workspaces, an auditorium, onsite restaurant, rooftop terrace, gym, and medical centre.

Responsibilities:

1. Present monthly valuation control results to senior stakeholders including FLU, Risk Managers, QSG.
2. Partner with Business Finance Control (BFC) to review and challenge valuation control results.
3. Liaise with Regulators and Auditors regarding valuation controls.
4. Ensure timely remediation of regulatory matters, audit findings, and reporting.
5. Maintain governance framework and protocols for valuation risk reporting.
6. Review and update valuation control policies and guidelines to meet regulatory requirements.
7. Develop governance, frameworks, and metrics for compliance with policies and regulations.
8. Improve efficiency, consistency, and accuracy of valuation control across asset classes.
9. Collaborate with BFC and other groups to ensure a consistent valuation framework.
10. Build relationships with quantitative groups to ensure model governance.
11. Lead or contribute to projects improving valuation control frameworks.

What We Are Looking For:

1. Experience in valuation control, risk management, or product control within large financial institutions.
2. Knowledge of valuation control frameworks and processes.
3. Understanding of regulatory and reporting environment around Fair Value and Prudential Valuation.
4. Experience with regulatory and audit interactions, providing guidance on controls.
5. Excellent communication skills with the ability to explain complex concepts.
6. Ability to work under tight deadlines and with limited supervision.
7. Willingness to learn and operate outside comfort zones.
8. Experience influencing senior stakeholders across functions.
9. Adaptability and prioritization skills.
10. Bachelor’s degree required; Master’s preferred.

Benefits of Working at Bank of America:

• Comprehensive healthcare, including options for family and wellness screening.
• Competitive pension, life assurance, and income protection.
• Childcare and adult care support.
• Flexible benefits including wellbeing, travel, and critical illness coverage.
• Mental health and wellbeing support services.
• Charitable donation matching.
• Access to arts, culture, and community volunteering programs.

Our Commitment:

We prioritize good conduct, sound judgment, and individual accountability. We are an equal opportunities employer and encourage candidates to inform us of any accessibility needs. Our recruitment process is designed to be accessible and fair for all applicants.