how about Valuation Risk Group in investment banking

I am interviewing with a position in Valuation Risk Group in a investment bank(not in NY). I am wondering if this position will help a lot for the future career in market risk area. Below is the job description.

thanks!

Valuations Risk Group (VRG), a centralized analytical group within Product Control, addresses valuation issues across the Firm. VRG is responsible for reviewing Firm's trading inventories and associated valuation models, performing alternative valuation procedures for illiquid inventories. VRG is also responsible for the Firm's valuation governance policies and valuation reporting. This global team has 20 highly skilled professionals across US, Europe, and Asia.

The technical team in VRG is responsible for reviewing valuation models as well as methodologies designed to determine the fair value of asset and liabilities on Firm's book. Specifically, we review the appropriateness of valuation methodology, model calibration, model inputs, model adjustments and usage of models. We work closely with traders, modelers, risk managers, and product controller to accomplish our tasks.

This is an AVP position located in Raleigh, North Carolina. Functionally, this position reports to head of VRG technical team in New York. Locally, this position reports to Product Control management team in Raleigh.

We are looking for an experienced and energetic person who has solid quantitative background and has a strong desire to learn complex valuation models and methodologies for fixed-income derivatives and equities derivatives.

Career Advancement Opportunities

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