Valuation Risk Controller Cover Letter

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

Previously, I was responsible for thought leadership in the analysis of credit risks and assessment performed by the Credit Risk officers of complex project finance, corporate, and structured finance transactions, as well as funds and financial intermediaries, involving loans, equity, credit guarantees and other products.

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

• Prior work experience within a product control or valuations preferred
• Deep knowledge of equity derivative products
• Providing ad hoc analysis on request to senior managers in Product Control and in Front Office
• Reviewing and challenging IPV results received from offshore deployment centers
• Working closely with Traders and Risk Management to resolve pricing disparities, substantiate significant mark ups/downs, and report valuation review results to Senior Management
• Performing the control and validation of market data cartographies and pricing configuration
• Work with various valuation models to determine fair value of equity investments held in the Firm's books, while understanding how those companies work and how market environment impact pricing
• Work with credit products such as corporate loans, corporate bonds, credit default swaps' etc

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

Previously, I was responsible for independent review and validation of a variety of pricing, risk, and CCAR models for securitized products, including Agency and Non-Agency RMBS, whole loans, CMBS, ABS, and warehouse lending, and models for wealth management products, including lending and financial planning.

Please consider my experience and qualifications for this position:

• Work with derivatives such as forwards, options and swaps with Commodity underliers in addition to customized structured deals
• Work with credit products such as corporate loans, corporate bonds, credit default swaps
• Work with vanilla interest rates derivatives such as interest rate swaps, FX spot and forwards
• Work with exotic interest rates derivatives, such as caps, floors, swaptions, CMS, digital and barrier options, hybrids, inflation products..etc
• Work with a wide-range of securitized products such as asset-backed securities, mortgage-backed securities, collateralized loan obligations, credit default swaps or different type of fixed income securities (bonds, loans)
• Work with a wide-range of financial products - from plain vanilla cash product to the most exotic structured derivatives products
• Get exposure to the wide range of products and derivatives traded in equities from plain vanilla cash product to the most exotic structured derivatives products
• Undertake monthly independent valuations of a global portfolio of financial assets using external data sources and internal models

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

Previously, I was responsible for an oversight review of loan pricing, commission calculations, aging of loans available for sale, gain on sale margins, and other key financial activity of the mortgage division.

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

• Present to and communicate with traders regularly to convey valuation results and discuss marking methodologies
• Review valuation and risk models, while working closely with model developers
• Enhance and streamline existing working processes
• Understand global financial markets, follow market movements and comprehend the impact on the portfolio and firm