Valuation Controller Associate - Credit North America
Chase, New York, NY, United States
The role is responsible for Valuation Controls, including Policies and Governance within the Product Control team. This position is charged with ensuring the accuracy and timeliness of reporting, maintaining robust controls, and upholding governance standards for valuations at TD Securities. Roles and responsibilities also include providing insights into, and analysis on TDS & Banks's Fair Value results. The Manager will work collaboratively with the Front Office, Information Technology, Risk, Finance, and other control functions, as well as key stakeholders across the organization.
The Manager acts as a primary point of contact for all valuation-related governance activities, partnering closely with valuation teams, risk management, finance, and audit departments to ensure the ongoing maintenance and enhancement of comprehensive valuation results and controls.
Key Responsibilities
Coordinate and assist with regular valuation committee meetings (global & regional), ensuring effective oversight and documentation of valuation decisions.
Prepare and present reports on valuation matters to senior management, risk committees, and other stakeholders, as required.
Ensure the Bank's fair value reporting and Financial fair value disclosure are following various Valuation Policies.
Explain IPV variances, Valuation Adjustment results with succinct commentaries in reference to business pricing, model understanding, data issues and external market factors.
Keep senior management and key stakeholders informed of any significant updates.
Collaborate with auditors and regulators during valuation process reviews and examinations.
Identify opportunities and implement objectives to improve/streamline processes to sustain TDS business growth.
Provide training and guidance to valuation teams on governance standards and policy updates.
Stay up-to-date with changes in valuation regulations, accounting standards, and industry developments.
Qualifications
Bachelor’s or Master’s degree in Finance, or a related field.
Professional certifications such as CFA or FRM are highly desirable.
5+ years of experience in valuation control, risk management, or audit within financial services or a related industry (Valuation Control or Governance experience is mandatory).
Excellent analytical, communication, and organizational skills.
Ability to work independently and collaboratively in a fast-paced environment.
Proficiency in data analysis and relevant valuation tools/software.
Working knowledge of valuation techniques for various asset classes (e.g., equities, fixed income, derivatives, private assets).
Familiarity with regulatory frameworks such as IFRS, US GAAP, and relevant financial regulations.
Depth & Scope
Gathers and reports on financial results vs. plans on an ongoing basis, providing evaluation and interpretation through an in-depth understanding of the business.
Leads development and achievement of financial objectives.
Develops and maintains strong business relationships.
Provides leadership, coaching, counseling and guidance to staff.
Develops, assigns and monitors plans to ensure completion of goals and objectives.
Resolves issues and problems by conferring with staff, other internal departments, outside contacts and others as necessary.
Education & Experience
Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required).
5-7 Years of related experience.
Physical Requirements
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Responding quickly to sounds – Occasional
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Kneeling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
Accommodation: TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at accommodations@mail.td.com.
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The Manager acts as a primary point of contact for all valuation-related governance activities, partnering closely with valuation teams, risk management, finance, and audit departments to ensure the ongoing maintenance and enhancement of comprehensive valuation results and controls.
Key Responsibilities
Coordinate and assist with regular valuation committee meetings (global & regional), ensuring effective oversight and documentation of valuation decisions.
Prepare and present reports on valuation matters to senior management, risk committees, and other stakeholders, as required.
Ensure the Bank's fair value reporting and Financial fair value disclosure are following various Valuation Policies.
Explain IPV variances, Valuation Adjustment results with succinct commentaries in reference to business pricing, model understanding, data issues and external market factors.
Keep senior management and key stakeholders informed of any significant updates.
Collaborate with auditors and regulators during valuation process reviews and examinations.
Identify opportunities and implement objectives to improve/streamline processes to sustain TDS business growth.
Provide training and guidance to valuation teams on governance standards and policy updates.
Stay up-to-date with changes in valuation regulations, accounting standards, and industry developments.
Qualifications
Bachelor’s or Master’s degree in Finance, or a related field.
Professional certifications such as CFA or FRM are highly desirable.
5+ years of experience in valuation control, risk management, or audit within financial services or a related industry (Valuation Control or Governance experience is mandatory).
Excellent analytical, communication, and organizational skills.
Ability to work independently and collaboratively in a fast-paced environment.
Proficiency in data analysis and relevant valuation tools/software.
Working knowledge of valuation techniques for various asset classes (e.g., equities, fixed income, derivatives, private assets).
Familiarity with regulatory frameworks such as IFRS, US GAAP, and relevant financial regulations.
Depth & Scope
Gathers and reports on financial results vs. plans on an ongoing basis, providing evaluation and interpretation through an in-depth understanding of the business.
Leads development and achievement of financial objectives.
Develops and maintains strong business relationships.
Provides leadership, coaching, counseling and guidance to staff.
Develops, assigns and monitors plans to ensure completion of goals and objectives.
Resolves issues and problems by conferring with staff, other internal departments, outside contacts and others as necessary.
Education & Experience
Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required).
5-7 Years of related experience.
Physical Requirements
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Responding quickly to sounds – Occasional
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Kneeling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
Accommodation: TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at accommodations@mail.td.com.
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