Join JPMorgan Chase as a Valuation Control - Associate! The Valuation Control Group (VCG) is organized along business lines including Commercial & Investment Banking (Macro Products, Credit, Equities, Securitized Products, IB Risk), CIO, Treasury & Corporate (CTC), Asset Management and Consumer & Community Banking (CCB). Clients of the group include senior management, business heads, regulators, and both internal and external audit.
As a Valuation Control - Associate within the SPG team, you will be responsible for assessing the fair value of various securities, loans and long-term debts in Securitized Products Group. 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
- Enhance existing control framework including reviewing independent pricing processes, assessing potential coverage developments and implementing new tools to enhance control efficiency
- Act in a challenge capacity to ensure proper vetting of price valuation takes place
- Partner with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
- 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:
- 2+ years of experience in fixed income valuation related to but not limited to mortgage and securitized products
- Attention to detail while also be able to communicate to senior stakeholders in succinct/clear fashion
- Excellent communication skills both verbally and in writing
- Ability to perform within a high pressure and time-sensitive environment
- Capacity to understand complex concepts and effectively challenge peers in other groups across the organization
Preferred qualifications, capabilities, and skills:
- Undergraduate degree with finance, accounting, and economics major preferred
- Knowledge of programming (e.g. Python), analytics platform (e.g., Alteryx) and data visualization tool (e.g., Tableau) a plus