Associate Director, Valuation Controller

Job description

UBS Business Solutions US LLC is seeking an Associate Director, Valuation Controller in Weehawken, NJ.

Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?

We’re looking for an Associate Director, Valuation Controller to:

• Independent Price Verification (IPV) of securitized products such as CLOs, CMBS, RMBS and ABS. Analysis of cash flow triggers, market trends and other technical factors in valuation.
• Use of securitization market data sources such as Intex or Bloomberg for cash flow analysis and pricing. Automation work for securitized products IPV.
• Conduct reporting and analyze the largest drivers of IPV’s and reserves. Write commentaries for exotics and regional reserve movements, citing largest drivers and causes.
• Run IPV processes for the Asian region. Download and accumulate option prices for large sets of underliers. Provide detailed data for traders on the largest exotics IPV drivers of impacts. Provide adjustment details for exotics desk.
• Calculate and review IPV, model adjustments and liquidity adjustments for Equity Derivative and Securitization products. Measure valuation uncertainty using multiple sources of data, including listed market spreads and consensus dispersion.
• Ensure that appropriate valuation adjustments are calculated given the nature and risks of the portfolio. Developing and running automation tools utilizing Python. Provide valuation reports and updates to traders, business heads, senior management, quantitative and risk groups and auditors.
• Can work hybrid (In-office/remote).

Qualified Applicants apply through [email protected]. Please reference 001762. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI