Valuation Methodologies Specialist Job Listing at Prudential in Newark, NJ

The Enterprise Valuation Group (EVG) in the Finance organization is responsible for independently reviewing the valuation of non-actuarial assets and liabilities owned by Prudential and its affiliates as well as those managed by third parties on Prudential's behalf.

The group is responsible for providing management with assurance that the firm’s financial asset/liability valuations are based on objective methods and reliable market information.  Further, the group reviews fair value related disclosures to ensure compliance with applicable accounting and regulatory requirements. EVG’s team members possess skills and qualifications ranging from policy and procedures development to quantitative modeling of complex financial instruments.

The Valuation Methodologies Specialist will be primarily responsible for providing quantitative analysis of existing valuation processes and supporting the fair value reporting process. Specific responsibilities include: 

• Validate and test business unit valuation methodologies, pricing models and systems


• Assist business units in development and administration of valuation techniques and implementation of new pricing models


• Perform valuations for complex securities using independent benchmarks and models


• Support Prudential's fair value reporting process at the corporate level and coordinate with reporting and operations teams to obtain, analyze, and report on asset valuation related matters


• Develop performance metrics and other valuation attribution reports for management


• Perform other ad hoc valuation analysis to support financial reporting, valuation process and management decision making

• Undergraduate degree in finance, economics, accounting, or similar
• Understanding of financial modeling and pricing techniques
• Basic understanding of GAAP and fair value reporting requirements preferred
• Strong analytical and communication skills
• Strong time management and organization skills
• CFA, MBA and/or CPA  preferred
• Knowledge of quantitative tools such as VBA, Matlab, SAS and of databases such as Oracle, MS SQL preferred