Vice President, Valuation Control – Rates

Fairygodboss; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks a senior Valuation Controller for the VCG Rates team to oversee valuation controls and independent price verification across North America Rates portfolios.

You will collaborate with Front Office, Finance, Technology and Risk to ensure accurate fair value and regulatory compliance. You will review complex rates transactions, enhance valuation methodologies, and contribute to strategic projects while supporting cross-functional control improvements and

Qualifications

• 7+ years of related experience.
• Bachelor's degree or higher.
• 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.
• Analytical and quantitative aptitude.
• Strong verbal and written communications skills.
• Ability to prioritize multiple tasks efficiently.

Responsibilities

• Responsible for all aspects of the valuation control framework for the Rates business, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement.
• Review complex transactions associated with the Rates business, challenging the trading business to ensure appropriate constraints/controls in place.
• Identify emerging valuation risks and drive methodology enhancements to ensure valuation controls accurately capture market dynamics and opportunities to enhance control efficiency
• Partner with Quantitative Research and Model Review Groups to assess limitations in trading models and implement compensating controls and model limitation adjustments.
• Own the relationship with Front Office and key Finance, Technology and Risk partners providing value add analysis on month-end results, illiquid and concentrated valuation positions, revenue from new deals and complex transactions and new products
• Partner and participate in projects within the group and the wider Finance organization together with Front Office, QR and Technology and participate in regulatory exams and address bank's regulators inquiries

Skills

Valuation concepts

Analytical ability

Quantitative aptitude

Communication skills

Prioritization

Education

Bachelor's degree

Finance/Economics

Graduate degree (finance/economics/math/engineering)

Tools

Advanced Excel

PowerPoint

Python

Alteryx

Tableau

Automation skills

Job description

JPMorgan Chase & Co. in New York seeks a senior Valuation Controller for the VCG Rates team to oversee valuation controls and independent price verification across North America Rates portfolios.

You will collaborate with Front Office, Finance, Technology and Risk to ensure accurate fair value and regulatory compliance. You will review complex rates transactions, enhance valuation methodologies, and contribute to strategic projects while supporting cross-functional control improvements and