Job Description

Job Description

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

About Us

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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 for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

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.

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