Associate - Valuation Controller at JPMC Candidate Experience page

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

14 Oct, 26

Salary

0.0

Posted On

16 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Equity Valuation, Derivative Knowledge, Price Verification, Fair Value Adjustments, Python, SQL, Advanced Excel, Visual Basic, Product Control, Financial Analysis, Quantitative Aptitude, Management Reporting, Regulatory Compliance, Database Skills, Automation, Communication Skills

Industry

Financial Services

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: * This role is for Equity Valuation controller profile where the person is required to have good derivative knowledge specially on Equity products. * Experience in Valuation Control and Product Control is preferred. * Knowledge of coding languages like Python & SQL is an added advantage. * The role requires Month End cycle of production of valuation results like Reserves and Price Testing. * Apart from that control mindset and attention to details are a must. * Primary the controller will 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 specially in PC and Valuation control. * Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge. Knowledge on Pricing of derivatives is prefered. * Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred * Strong verbal and written communications skills * Experience with Advanced Excel, PowerPoint, Visual Basic, Python, SQL, automation and database skills a plus * Ability to prioritize multiple tasks efficiently 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 [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. 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.

Responsibilities

The Associate will execute the price verification and benchmark process, including the calculation of fair value adjustments for equity products. They will also partner with functional groups to enhance the control framework and ensure fair value across valuation results.