Job Description

Valuation Control is organized along business lines including Commercial & Investment Banking (Macro Products, Credit, Equities, Securitized Products, IB Risk), CIO, Treasury & Corporate (CTC), Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads, regulators, and both internal and external audit.

Primary Description

This is a Valuation controller role under Valuation control Group for VCG. Where the controller is responsible for Equity Product covering Derivatives & Securities.
The candidate is expected to have Derivative knowledge and their valuation on various products e.g. Swaps, Options, Forwards, Convertible Bonds.
Knowledge on coding languages like Python, SQL, VBA is a plus as they are used in many processes.
The Role is for America coverage region with tentative timings from 12PM to 9PM approx.
Execute price verification/benchmark process including the calculation of fair value adjustments
Assist with various VCG established practices and control initiatives as well as perform necessary work relating to management reporting, regulatory mandates and consistency within the broader VCG framework
Partner with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
Other value-added projects related to Business, Risk, and Finance initiatives

Candidate Requirements

3+ years of related experience
Undergraduate degree with finance and economics major preferred
Graduate degree with finance, economics, mathematics, engineering a plus
Ability to understand complex products, and analyze transaction and process flows
Work experience in Valuation Control a big plus.
Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
Strong verbal and written communications skills
Experience with Python, SQL, Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus.
Ability to prioritize multiple tasks efficiently

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants and employees religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

Associate - Valuation Controller Finance