CFO Valuation Specialist - Global Markets and International Finance
Company: Bank of America
Location: New York City
Posted on: April 4, 2026
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Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Job Description: This job is responsible for establishing the
valuation control methodologies for complex portfolios of
instruments and risks. Key responsibilities include price testing,
valuation adjustment, and PruVal methodology development
determining valuation uncertainty reporting and metrics, monitoring
pricing and liquidity risk, and escalating issues. Job expectations
include partnering with Product Finance Control teams, Front line ,
model developers and validation teams, implementing new models,
challenging price testing methodologies, and driving the
development of new methodologies. Within the CFO Group, The Global
Valuation Group (GVG) at Bank of America provides valuation and
independent price verification (IPV) support covering the Global
Banking and Markets Business. This position will be covering
Securitized Products, Credit Products, Distressed Credit,
Commercial Real Estate, Municipals and Leveraged Finance, but not
limited to these areas. GVG is a cross-asset class group supporting
the organizations Valuation Control and we value deep experiences
across multiple products/sectors. Responsibilities: Develops and
enhances technical valuation policies and standards, improving
methodology, documentation, and Valuation Controls (VCs) Conducts
technical analysis of existing methodology development, VC
execution, reporting, and governance processes, identifying areas
of improvement for VC areas in scope including Independent Price
Verification (IPV), IPV & Fair Value Hierarchy Classification, Fair
Value Adjustments, Valuation Uncertainty metrics and Prudent
Valuation Adjustments Drives improved controls over proxy data,
overrides, calibration error, model risk, and untested
parameters/risks while improving valuation uncertainty metrics,
market data back testing, and governance Collaborates with Traders,
Market Risk, Model Risk Management, Front Office Quants, Product
Controllers, and senior managers on valuation related matters while
communicating complex valuation matters to senior management,
Auditors, and Regulators Defines Fair Value Hierarchy
classification and substantiation approaches, such as creating the
framework for products risks, and portfolios Performs data
analytics to better understand valuation uncertainty, independent
data quality, liquidity, observability, and trends Leads strategic
projects supporting valuation analytics and architecture Required
Qualifications: Minimum of 5 years' experience in a large financial
services organization performing valuation control, and/or risk
management and/or model development Bachelor’s degree in Business,
Finance, Engineering, Mathematics, Statistics or related field.
Able to leverage a combination of quantitative knowledge of
financial markets and products with a practical understanding of
pricing and risk management techniques to critically evaluate the
results of valuation control procedures Desired Qualifications:
Experience in creating and enhancing independent product valuation
methodologies focused on Credit, XVA (CVA, FVA, DVA), structured
notes or Commodities Ability to leverage a combination of
quantitative knowledge of financial markets and products with a
practical understanding of pricing and risk management techniques
to critically evaluate the results of valuation control procedures
Knowledge of market data calibration methodologies and the
associated model control framework (development, enhancement, and
maintenance) Knowledge of Prudential Valuation regulation and its
implementation Programming skills (e.g., python) with ability to
design, develop and automate Professional communication skills with
ability to communicate complex issues in a simple manner especially
for senior stakeholders or regulators Prior experience influencing
and collaborating with stakeholders across functions/divisions.
Master’s degree in Business, Finance, Engineering, Mathematics,
Statistics or related field. Skills: Analytical Thinking Attention
to Detail Data Modeling Risk Analytics Risk Modeling Financial
Forecasting and Modeling Price Verification and Valuation Problem
Solving Scenario Planning and Analysis Business Acumen Business
Analytics Consulting Influence Reporting Shift: 1st shift (United
States of America) Hours Per Week: 40 Pay Transparency details US -
NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540)
Pay and benefits information Pay range $169,000.00 - $246,000.00
annualized salary, offers to be determined based on experience,
education and skill set. Discretionary incentive eligible This role
is eligible to participate in the annual discretionary plan.
Employees are eligible for an annual discretionary award based on
their overall individual performance results and behaviors, the
performance and contributions of their line of business and/or
group; and the overall success of the Company. Benefits This role
is currently benefits eligible. We provide industry-leading
benefits, access to paid time off, resources and support to our
employees so they can make a genuine impact and contribute to the
sustainable growth of our business and the communities we
serve.
Keywords: Bank of America, East Orange , CFO Valuation Specialist - Global Markets and International Finance, Accounting, Auditing , New York City, New Jersey