JP Morgan Chase – Associate – Valuation Controller J.P. Morgan

The Corporate Institute; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

JPMorganChase, a leading financial institution, seeks an analyst to execute price verification and benchmark processes, including fair value adjustments. You will partner with various groups to implement control initiatives and ensure consistency within the valuation control framework.

The role emphasizes understanding complex financial products, performance of regulatory and management reporting tasks, and strengthening existing control mechanisms through new tools and processes.

Qualifications

• 3+ years of related experience.
• Graduate degree in finance/economics/mathematics/engineering is a plus.

Responsibilities

• Execute price verification/benchmark process including fair value adjustments.
• Assist with VCG practices and control initiatives and management reporting.

Job description

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:

• 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 financial industry a 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 Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
• Ability to prioritize multiple tasks efficiently

About JP Morgan Chase:

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.