J.P. Morgan
Valuation Controller, Senior Associate
This job is now closed
Job Description
- Req#: 210538402
- Assist with the development of valuation framework reviews, monitoring of market relevant indicators to assist in calibrating pricing parameters
- Apply fair value concept to comply with Financial Accounting Standards Board guidance on Fair Value Hierarchy disclosure
- Implement new tools to enhance control efficiency and contribute to methodology enhancements
- Act in a challenger capacity to ensure proper vetting of price valuation takes place
- Partner with Quantitative Research and Model Review Groups to assess limitations in pricing models and implement compensating controls and/or model limitation adjustments
- Partner with stakeholders on valuation related initiatives, regulatory exams and internal and external audit inquiries
- Assist with management reporting of valuation results or other similar responsibilities
- Experience in mortgage and securitized product
- 2+ years of experience in fixed income valuation
- Bachelors degree in Finance, Accounting, or other related field
- Good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team
- Strong communication skills and ability to synthesize complex subjects
- Knowledge of data science (e.g., Machine learning), analytics platform (e.g., Alteryx) and data visualization tool (e.g., Tableau) a plus
You will identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty. The Valuation Control Group (VCG) also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty.
As an Associate in the Valuation Control Group, you will be responsible for all aspects of the valuation control framework relating to products such as, but not limited to, Deposits, Securities, Loans and Long-Term Debt instruments. You will also focus on insightful analysis leveraging multiple market data sources through advanced analytics platforms
Job Responsibilities:
Required Qualifications, Capabilities, and Skills:
Preferred Qualifications, Capabilities, and Skills:
About the company
J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.
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