Valuation Controller Associate
You will play a critical role within the Firm and have exposure to senior management, Business heads, Regulators, and both internal and external audit.
You will help sets independent pricing and valuation adjustments policies, which will execute & generate results, and then work with Trading to remediate and prevent issues on an ongoing basis.
Job Summary:
As a Senior 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.
The Valuation Control Group (VCG) also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty.
You will also focus on insightful analysis leveraging multiple market data sources through advanced analytics platforms
Job Responsibilities:
* 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
Required Qualifications, Capabilities, and Skills:
* Experience in mortgage and securitized product
* 4+ 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
Preferred Qualifications, Capabilities, and Skills:
* Knowledge of data science (e.g., Machine learning), analytics platform (e.g., Alteryx) and data visualization tool (e.g., Tableau) a plus
JPMorgan Chase & Co., 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 offer a competitive total rewards package including base ...
- Rate: Not Specified
- Location: New York, US-NY
- Type: Permanent
- Industry: Finance
- Recruiter: JPMorgan Chase Bank, N.A.
- Contact: Not Specified
- Email: to view click here
- Reference: 210537683
- Posted: 2024-10-23 08:46:57 -
- View all Jobs from JPMorgan Chase Bank, N.A.
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