Valuation Controller Cover Letter

I am excited to be applying for the position of valuation controller. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for advice on valuation issues related to large concentration, revenue on new deals/complex transactions, review non-standard or structured trades and new products.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Collaborating closely with the Chennai, Singapore and New York Rates PC-Valuations teams
• Provide independent valuations challenge, analysis, reporting and adhoc investigations, covering the full spectrum of products in these business lines
• Proactively communicate and escalate valuation or Business related observations and concerns on an ongoing basis to Credit PC-Valuations management
• Experience and technical understanding of complex derivative products, with previous exposure to Rates products preferable
• Professional Accounting, Risk or Management qualification is an advantage
• Thorough approach to all work, with time and effort balanced and distributed appropriately between technical analysis, production work, controls and documentation
• Strong Product and or Valuation Control experience
• System skills, Microsoft Excel, Access, Murex

I submit this application to express my sincere interest in the valuation controller position.

In the previous role, I was responsible for daily commentaries on significant P&L movements, including analyzing the P&L explanations and ensuring key drivers are in line with expectations given risk exposures in the business.

Please consider my qualifications and experience:

• Understanding of State Street's businesses, products and financial systems
• Meeting preparation and presentation skills
• Development of global perspective and interaction with diverse cultures
• Review quality of pricing sources and assigning pricing sources to various trading products
• Assignment of yield curves to various trading products for end-of-day valuations
• Review reserve methodologies and update reserve quantum
• Drive changes in current processes through data driven initiatives
• Lead in any project / implementation work pertaining to system upgrades, reserves automation, off-market checks, stale rates etc

Please consider me for the valuation controller opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for details of market data (revenue numbers, employee numbers, customer profile and products) for current and new markets.

My experience is an excellent fit for the list of requirements in this job:

• Good understanding of Finance Business Process and can contribute to improve processes, create efficiency and reduce operational risk
• Experience with CLO cash flows and valuation drivers / lifecycle events
• Strong inter-personal skills in order to interact confidently with Business Unit, Trading Strategists, Finance senior management and the Model Risk Management group
• Previous working experience with derivatives products
• Strong technical background and knowledge of statistics
• Good existing knowledge of derivative products in general
• Understanding of valuation concepts in FX, rates and credits products and related accounting knowledge
• Knowledge of Independent Price Testing of Wholesale products

I submit this application to express my sincere interest in the valuation controller position.

Previously, I was responsible for independent valuations challenge, analysis, reporting and adhoc investigations, covering the full spectrum of products in these business lines.

Please consider my qualifications and experience:

• Experience in financial sector with specific knowledge in mortgage and/or asset-backed securities
• Undertaking the commentary of IPV results, and any significant changes in them
• Calculating Bid Offer reserves, Day 1 reserves, valuation adjustments
• Process workflow verification to make sure that processes are in line with approved methodologies
• Having an opportunity to work with Equity products
• Having an opportunity to work with Fixed Income products
• Securities knowledge preferred
• Bloomberg experience recommended

I would like to submit my application for the valuation controller opening. Please accept this letter and the attached resume.

Previously, I was responsible for budget information for the forecasting of appraisal related expenses and fee income generated by valuation services.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Face off with various stakeholders on valuation issues
• Quantitatively inclined while appreciating the accounting aspect of Accounting & Finance
• Good knowledge of treasury products, especially in the areas of interest rates, credit, foreign exchange and commodities
• Self-starter, able to work independently and drive changes to the current processes
• Highly organized and experienced in data mining
• Aware of the Financial market development for valuation adjustments, IBOR transition
• Previous experience in IPV or Product control areas within a large, global bank (IPV beneficial)
• Strong mathematical skills and quantitative skills