Valuation Specialist

Permanent contract|New York|Finance

Valuation Specialist

New York, United States Permanent contract Finance

Responsibilities

Responsibilities:

We are seeking a Valuation Specialist with excellent theoretical and practical understanding of asset back products and other asset classes products. The individual will be involved in several functions including:

  • Perform monthly and intra-month Independent Price Verification for Asset Backed Products
  • Maintain and enhance current procedures and methodologies documentation
  • Manage the analysis of existing complex transactions and the launch of new products
  • Manage the communication to management and Front Office of the monthly moves of the reserves and IPV and their analysis
  • Meets with internal or external auditors and regulators on selected activities
  • Provide expertise in asset backed products and one or several other asset classes among Fixed Income or Equity Derivatives, including exotic activities
  • Provide analysis on market evolution; investigate local valuation issues; give opinion on new products valuation methodology and setup.
  • Provide support to the Front Office on valuation methodologies and adjustments on all activities originated in America
  • Interact regularly with Paris Valuation team; share knowledge with other finance teams; build trust and partnership with trading desks.

Profile required

Competencies and Experience

Technical Skills

  • Excellent knowledge of the financial markets, the main actors and the different types of products and asset classes
  • Understanding of financial instruments valuation and especially Asset Backed Products
  • Understanding of accounting principles relating to valuing financial instruments
  • Be cognizant of the regulatory environment
  • High proficiency with Microsoft Office tools (Excel, Word, Power Point)
  • Proficiency with VBA, SQL or Python

Competencies

  • Excellent quantitative and analytical skills
  • Able to organize his/her work efficiently and to work self-sufficiently
  • Able to communicate effectively across the organization including with the top management
  • Willing to work hard
  • Quick learner

Prior Work Experience

  • 7+ years of prior experience in Valuations, Product Control or Market Risk

Education

  • Bachelor’s degree with a major in, Finance, Mathematics, or Accounting
  • Coursework in accounting, financial engineering and/or valuation of financial instruments

Language

  • English
  • French a plus

Risk Management

Employees should understand the institution’s approach to risk management and their respective roles in supporting a strong risk culture, as outlined in the SGUS Operations Enterprise Risk Management Framework.

Business insight

The Finance Department of Global Banking and Investor Solutions (GBIS), is a global organization with local presence, providing the same set of services through global and efficient processes and consistent norms.  Our Core Missions are: Quality and timeliness of GBIS financial statements; Assisting GBIS management and all Business Lines in their steering with actionable reports on financial performance and forecasts; Independent certification of all financial aggregates, in particular the daily P&L explanation on Market Activities; Financial communication and benchmarking; Providing expertise on accounting, prudential and tax norms and ensuring the compliance of these norms.

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities and the world in which we live, because relationships are at the heart of how we operate.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000POF
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2022/11/14
Publication date: 2022/09/15
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