Vice President - VCG Rates & FIF Lead at JPMC Candidate Experience page

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

27 Sep, 26

Salary

0.0

Posted On

29 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Valuation Control, Financial Modeling, Risk Management, Data Analysis, Python, SQL, Alteryx, Databricks, Tableau, VBA, Derivative Strategies, Financial Reporting, Stakeholder Management, Quantitative Analysis, Audit Management, Project Management

Industry

Financial Services

Description

The Valuation Control Group (VCG) is responsible for ensuring the accuracy and integrity of the valuation of financial instruments and assets. This group plays a pivotal role in risk management and financial reporting by independently verifying valuations, developing and maintaining robust valuation methodologies, and validating market data and models. By ensuring compliance with industry standards and regulatory requirements, the VCG helps maintain the credibility of financial statements and supports effective risk management practices. Their work is essential in identifying and mitigating valuation risks, thereby safeguarding the institution's financial health and reputation. As a Vice President and VCG India Rates and FIF Lead, you set strategy and operating cadence for Rates valuation control in India, owning governance, BAU delivery, and strategic change. You partner with VCG Rates hub lead globally, Front Office and control functions to drive well-governed outcomes. Our VCG is organized along business lines including Corporate & Investment Bank (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. Job Responsibilities • Ownership and Timeliness: Take complete ownership of deliverables on a daily, monthly, and quarterly basis to ensure tasks are completed accurately and on time. • Valuation and Compliance: Perform independent reviews and validations of valuations, calculate valuation adjustments, and ensure accurate reporting in financial statements, adhering to VCG standards and regulatory requirements. • Data Science: Model numeric or Boolean data for financial and accounting forecasts. • Modelling Macro variables: Use advanced statistical techniques to develop predictive models to accurately and reliably address macro-economic variables. • Stakeholder Communication and Methodology Adaptation: Liaise with stakeholders to manage changes in valuation methodologies based on technical standards and audit insights and communicate effectively with senior management regarding valuation anomalies. • Data Analysis and Process Improvement: Design, build, and test data insights and visualizations, streamline data flow, and enhance processes using tools like Alteryx and VBA to minimize operational risk. • Leadership and Mentorship: Mentor junior team members, lead project initiatives using advanced tools like Databricks and Python and foster a culture of innovation and operational excellence. • Risk Management and Collaboration: Engage in risk mitigation through process improvement, collaborate with internal teams, and independently manage audit deliverables. • Model Documentation and Review: Work closely with Model Risk Governance and Review (MRGR) to compile VCG model documentation and take ownership of any action items from the review. Requirements • Experience and Education: Over 10+ years of experience in a similar role, with a graduate degree in finance, mathematics, or statistics. Preferred qualifications include CA, CFA, or engineering. • Financial and Analytical Expertise: Strong understanding of financial markets and products, including derivative strategies and payoffs, coupled with strong analytical, quantitative, and problem-solving skills. • Financial Statements and Accounting Proficiency: Possesses basic proficiency in understanding financial statements and accounting principles, enabling effective analysis and decision-making in financial contexts. • Technical Proficiency: Proficient in modern technological tools such as Tableau, Databricks, SQL, Alteryx, Python, Advanced Excel, and PowerPoint. • Project Management and Communication: Ability to efficiently prioritize multiple tasks while leading high-impact projects, and excellent verbal and written communication skills for effective interaction with various teams. • Teamwork and Leadership: Demonstrates strong teamwork capabilities and leadership skills, fostering collaboration and effective communication with trading, technology, market risk, and other teams to achieve common goals. 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

Lead the Rates valuation control strategy and operations in India, ensuring the accuracy and integrity of financial instrument valuations. Partner with global leads and front office functions to manage governance, BAU delivery, and strategic change initiatives.