Valuation Control - Associate

JPMorgan Chase & Co.; Mumbai; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

JPMorgan Chase & Co. in Mumbai seeks a Valuation Controller to join the Valuation Control team. You will execute price verification, assist with control initiatives, and support management reporting and regulatory requirements across complex financial products.

Ideal candidates have 5+ years in finance, strong understanding of valuation concepts, excellent communication, and the ability to analyze transaction and process flows within a demanding, global bank environment.

Qualifications

• 5+ years of related experience.
• Ability to understand complex products, and analyze transaction and process flows.
• Work experience in financial industry.
• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
• Strong verbal and written communications skills

Responsibilities

• Execute price verification/benchmark process, including the calculation of fair value adjustments
• Assist with various Valuation Control Group (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
• Participate in other value-added projects related to Business, Risk, and Finance initiatives

Skills

Experience

Complex products

Financial industry

Valuation concepts

Communication skills

Education

Undergraduate finance/economics

Graduate degree in finance/economics/math/engineering

Tools

Advanced Excel

PowerPoint

Visual Basic

Automation

Database skills

Job description

Valuation Control is organized along business lines including Credit, Equities, Securitized Products, etc. . Clients of the group include senior management, business heads, regulators, and both internal and external audit.

As a valuation controller in Valuation Control, you will build your career while working in the world’s most innovative bank which values creativity and excellence.

Job responsibilities

• Execute price verification/benchmark process, including the calculation of fair value adjustments
• Assist with various Valuation Control Group (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
• Participate in other value-added projects related to Business, Risk, and Finance initiatives
  

Required qualifications, capabilities, and skills

• 5+ years of related experience
• Ability to understand complex products, and analyze transaction and process flows
• Work experience in financial industry
• Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
• Strong verbal and written communications skills

Preferred qualifications, capabilities, and skills

• Undergraduate degree with finance and economics major preferred
• Graduate degree with finance, economics, mathematics, engineering
• Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills
• Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred
• Ability to prioritize multiple tasks efficiently