Valuation Control - Associate

JPMorganChase; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

JPMorganChase in Mumbai seeks an experienced Valuation Controller to join the Valuation Control team. You will contribute to price verification, fair value adjustments, and regulatory reporting while partnering with cross-functional groups to strengthen the control environment.

The role requires deep understanding of complex financial products, derivatives, and robust analytical skills with a focus on accuracy and compliance in a fast-paced banking setting.

Qualifications

• 5+ years of related experience in valuation or finance.
• Ability to understand complex products and analyze transaction flows.
• Experience in financial industry.
• Understanding of valuation concepts for financial derivatives.
• Strong verbal and written communication 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

Valuation concepts

Derivatives

Advanced Excel

Communication

Financial industry experience

Education

Finance/Economics degree

Graduate degree (preferred)

Tools

Excel VBA

PowerPoint

Automation\nDatabase skills

Job description

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.

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

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.