Valuation Control Sr. Analyst - Credit and Structured Products

Valuation Control Analyst, Credit and Structured Products

Valuation Control Analyst, Credit and Structured Products will report to the SVP – Head of Valuation Control within Commercial Banking and is a new role within Citizens. The incumbent will play a critical role and have several key responsibilities in supporting Valuation of Citizens fair value asset portfolios. This role is a ground floor opportunity to assist in the build out of a group in a growing part of Citizens business.

Primary responsibilities include:

• Execute a price verification/benchmark process including the calculation of fair value adjustments.
• Work with Trading, Middle Office, Finance and Model Risk to continually monitor the various valuation risks of the business and implement appropriate adjustments.
• Perform analysis of markets, P&L, & Risk daily with understanding of the factors that drive the valuation risk.
• Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments, and implementing new tools to enhance control efficiency.

Qualifications, Education, Certifications and/or Other Professional Credentials

Required Qualifications:

• Previous Product Control, Valuation Control or Independent Price Verification coverage for one or more of following products: Convertible Bonds, Asset-Backed Securities, HY/IG Bonds, Mortgage/Mortgage Servicing Rights

Preferred Qualifications:

• CFA/FRM Preferred
• Masters in quantitative discipline

Hours & Work Schedule:

Hours per Week: 40 Work Schedule: Monday – Friday

Pay Transparency: The salary range for this position is $157,000 - $165,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit

Work Authorization: This role is not eligible for new employer sponsored or current H-1 B visa holders. Applicants, including current OPT, L and other visa holders, must be authorized to work in the U.S. without the need for new employer sponsorship for themselves or their spouses now and in the future.

Required Skills

• Customer Empowerment
• Diversity and Inclusion Practice

About Us

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

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Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

Job Info

• Job Identification 45406
• Job Category Risk & Oversight
• Degree Level Bachelor's Degree
• Job Schedule Full time
• Job Shift 1st
• Locations 28 State Street, Boston, MA, 02109, US One Citizens Bank Way, Johnston, RI, 02919, US
• Working Hours 40
• Career Site Category Finance and Accounting