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Valuation Controller - Associate

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JP Morgan Chase & Co.

1mo ago

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
    Banking & Finance

AI generated summary

  • You need 3+ years of experience, strong analytical skills, knowledge of valuation concepts, and proficiency in Excel. A finance degree and financial industry experience are preferred.
  • You will execute price verification, assist in management reporting, collaborate on valuation issues, enhance control frameworks, and contribute to business-related projects.

Requirements

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

Responsibilities

  • Execute the price verification and benchmark process, including the calculation of fair value adjustments.
  • Assist with various VCG-established practices and control initiatives, performing necessary work related to management reporting, regulatory mandates, and ensuring consistency within the broader VCG framework.
  • Partner with various functional groups on valuation-related issues and develop and implement appropriate measures to ensure fair value.
  • Enhance the existing control framework by reviewing independent pricing processes, assessing potential coverage developments, and implementing new tools to improve control efficiency.
  • Contribute to other value-added projects related to business, risk, and finance initiatives.

FAQs

What is the primary role of a Valuation Controller - Associate?

The primary role is to execute the price verification and benchmark process, assist with management reporting and regulatory mandates, and ensure fair value in coordination with various functional groups.

What qualifications are required for this position?

The position requires a minimum of 3 years of related experience, an understanding of complex products, valuation concepts, and strong communication skills.

Is prior work experience in the financial industry preferred?

Yes, work experience in the financial industry is preferred for this role.

What educational background is beneficial for applicants?

A graduate degree in finance, economics, mathematics, or engineering is considered a plus.

Are there any specific technical skills that are advantageous for this role?

Yes, experience with Advanced Excel, PowerPoint, Visual Basic, automation, and database skills are advantageous.

How important is analytical and quantitative aptitude for this position?

It is very important, as candidates with quantitative backgrounds are preferred.

What type of projects will the Associate contribute to?

The Associate will contribute to value-added projects related to business, risk, and finance initiatives.

What does the Valuation Control team focus on?

The Valuation Control team focuses on ensuring fair value through independent pricing processes, enhancing control frameworks, and collaborating on valuation-related issues.

Is there a commitment to diversity and inclusion within the company?

Yes, the company places a high value on diversity and inclusion and does not discriminate on any protected attribute.

Can accommodations be requested during the application process?

Yes, applicants can request reasonable accommodations for religious practices, beliefs, and needs related to mental health or physical disabilities.

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JP Morgan Chase & Co.

Finance
Industry
10,001+
Employees
2000
Founded Year

Mission & Purpose

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. © 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

Benefits

  • Healthcare and Insurance Plans

    Our employees are entitled to a variety of healthcare insurance plans, ranging from medical, dental and vision, to life and accident, disability, before-tax spending accounts, and group legal services.

  • Wellness Programs

    We are committed to providing employees with exceptional care — including arranging wellness screenings and assessment as well as access to health coaches, counseling, and guidance services for our employees.

  • Employee Programs

    Programs offered to eligible employees include parental leave, back-up child care services, flexible work options, matching gifts, discounts on banking services, electronics, arts and entertainment, fitness programs, travel and more.

  • Family Care

    We know how important your family's health is to you so we offer a variety of healthcare packages that cover you and your partner, your children and your parents.

  • Hybrid Working Model

    Dependent on the needs of the business and the nature of the role, JPMorgan Chase offers a hybrid work model for some roles, with at least three days on-site.