Valuation Controller - Associate

JPMorgan Chase Bank; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

JPMorgan Chase Bank in Mumbai seeks a valuation control professional with 3+ years of related experience to execute price verification, support control initiatives, and collaborate with cross-functional teams on valuation issues. The role focuses on accurate fair value calculations and enhancing existing control frameworks.

You will work with advanced Excel, PowerPoint, Visual Basic, and databases to analyze transactions and improve processes within the VCG framework.

Qualifications

• Degree in finance/economics preferred (undergrad or graduate).
• Analytical and quantitative aptitude required.
• Strong written and verbal communication skills.
• Experience with advanced Excel and data tools is a plus.

Responsibilities

• Execute price verification/benchmark process including fair value adjustments.
• Assist with VCG practices and control initiatives; support regulatory and management reporting.
• Partner with functional groups on valuation issues and implement measures to ensure fair value.
• Enhance control framework by reviewing pricing processes and developing new tools.
• Contribute to value-added projects in Business, Risk and Finance.

Skills

Analytical aptitude

Verbal and written communication

Task prioritization

Education

Undergraduate degree in finance/economics

Graduate degree in finance/economics/mathematics/engineering

Tools

Advanced Excel

PowerPoint

Visual Basic

Database skills

Job 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