The Corporate Valuations Group (CVG) is seeking a candidate to work on valuations of financial instruments, using valuation tools such as PolyPaths, Bloomberg, QRM, etc. The candidate will be a member of a team that provides an independent price verification for the Company's financial assets and liabilities, as well as provide valuations of other assets and liabilities on an ad-hoc basis. The candidate will join the group as a Senior Associate. The candidate will be a part of a team led by a Senior Manager, but will report to the Senior Director of CVG. The candidate is expected to be stationed at the Capital One, McLean, VA office.
CVG is charged with the responsibility of establishing and maintaining a strong governance around the Company's fair valuations and processes. Clients of the group include senior management, business heads, regulators, and both internal and external audit. The group works closely with primary valuations providers, traders, 3rd party valuation vendors, market risk team, middle office, portfolio managers (treasury), and accounting to ensure the accurate execution of valuation policy.
Key responsibilities for the position are:
Assist the team in maintaining enterprise governance structure for valuations including Policies, Committees, and strong control framework around Capital One's valuation practices.
Analyze data to generate valuations assumptions
Create, run and maintain valuation models as necessary
Review valuation procedures, methodologies and assumptions
Verify and validate relevant valuation models
Perform extensive data integrity analysis for data that feeds into various valuation reports
Escalate valuations dispute to senior management, as and when necessary
Provide support for the review and audit of valuations by regulators and auditors
Classify valuation levels based on ASC 820 (formerly FASB 157) guidelines
Play a lead role in other ad-hoc projects and/or tasks
Primarily perform and manage valuations for assigned portfolios (such as Interest Only bonds, Negative Amortization Bonds, Manufactured Housing Line of Credit, derivatives, etc.)
Basic Qualifications:
Bachelor's Degree in economics, engineering, finance, mathematics, statistics, information technology or any of the physical or life sciences.
At least 2 years of capital markets or data analysis experience
Preferred Qualifications:
Background in quantitative finance or financial engineering
Ability to program/code/automate processes (preferably using Python)
Experience using PolyPaths, Bloomberg
Ability to understand capital markets products, and analyze transactions and process flows
Ability to create valuation models
Prior valuation experience on financial instruments using discounted cash flow models
Experience with data analysis
Excellent written and spoken communication, and leadership skills
Enthusiasm and energy to work on tight deadlines
Strong commitment to learn and operate outside of comfort zone.
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
This role is hybrid meaning associates typically spend about half their time (2-3 days per week) in-person at one of our offices listed on this job posting. Monday and Fridays are enterprise- wide virtual work days. Tuesday, Wednesday and Thursday are in-person days for associates to spend time together working in our beautifully-designed team areas.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
