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JPMorgan Valuation Controller - Associate 
United States, New York, New York 
322171260

20.07.2024

Job Summary:

As an Associate in the Valuation Control Group, you will be responsible for all aspects of the valuation control framework relating to products such as, but not limited to, Deposits, Securities, Loans and Long-Term Debt instruments. The Valuation Control Group (VCG) also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty. You will also focus on insightful analysis leveraging multiple market data sources through advanced analytics platforms

Job Responsibilities:

  • Assist with the development of valuation framework reviews, monitoring of market relevant indicators to assist in calibrating pricing parameters
  • Apply fair value concept to comply with Financial Accounting Standards Board guidance on Fair Value Hierarchy disclosure
  • Implement new tools to enhance control efficiency and contribute to methodology enhancements
  • Act in a challenger capacity to ensure proper vetting of price valuation takes place
  • Partner with Quantitative Research and Model Review Groups to assess limitations in pricing models and implement compensating controls and/or model limitation adjustments
  • Partner with stakeholders on valuation related initiatives, regulatory exams and internal and external audit inquiries
  • Assist with management reporting of valuation results or other similar responsibilities

Required Qualifications, Capabilities, and Skills:

  • Experience in mortgage and securitized product
  • 2+ years of experience in fixed income valuation
  • Bachelors degree in Finance, Accounting, or other related field
  • Good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team
  • Strong communication skills and ability to synthesize complex subjects

Preferred Qualifications, Capabilities, and Skills:

  • Knowledge of data science (e.g., Machine learning), analytics platform (e.g., Alteryx) and data visualization tool (e.g., Tableau) a plus