Principal Associate- Corporate Valuations Group

Principal Associate- Corporate Valuations Group

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 Principal 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 or military experience

• At least 3 years of experience in capital markets, data analysis or a combination

Preferred Qualifications:

• Bachelor’s Degree in economics, engineering, finance, mathematics, statistics, information technology or any of the physical or life sciences.

• Background in quantitative finance or financial engineering

• Ability to program, code, or automate processes (preferably using Python)

• Experience using PolyPaths or 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

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $127,500 - $145,500 for Principal Analyst, Capital Mkts & Risk

 

 

 

 

 

 

 

 

 

 

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which