You are experienced, innovative, proactive and independent person who can navigate complex issues, drive impactful change and communicate with a senior audience. That would be the role for you.
As a Senior Associate for Securitized Products in Valuation Control Group you will benefit from ongoing expert training and development to ensure they are fully integrated and comparable with the controllers based in other global trading locations such as London, New York and Hong-Kong. You will to ensure that the firm’s risk portfolios are fairly valued. you will set independent pricing and valuation adjustments policies, executes & generates results, and then work with Trading to remediate and prevent issues on an ongoing basis.
You will partner with various teams like Product Control, Market Risk, Model Governance and Quantitative Research to ensure a complete understanding of business issues as well as has exposure to Business heads, Regulators, internal and external audit.
You will locally report into the Head of Valuation Control Group for the European Coverage and functionally into the respective EMEA Valuation Control lead.
Job responsibilities
- Owns and oversee the valuation control process and methodology including: price verification/benchmark process, fair value adjustments, prudential valuation adjustments, fair value hierarchy
- Assists 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
- Partners with various functional groups on valuation related issues and develop/implement appropriate measures with the goal of ensuring fair value
- Enhances 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
Required qualifications, capabilities and skills
- 4+ years of related experience
- Graduate degree with finance, economics, mathematics or engineering
- Ability to understand complex products, and analyze transaction and process flows
- Understanding of valuation concepts as they pertain to financial products and derivatives, basic accounting knowledge
- Analytical aptitude
- Strong verbal and written communications skills
- Experience with Advanced Excel, PowerPoint
- Ability to prioritize multiple tasks efficiently
Preferred qualifications, capabilities and skills
- Valuation Control experience
- Prudential Valuation experience
- Candidates with quantitative backgrounds
- Visual Basic, automation and database skills
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
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.
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