JP Morgan Chase & Co.

Valuation Control Group - North America Rates - Vice President

JP Morgan Chase & Co.$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7+ years of relevant experience in valuation control or similar roles
  • Strong comprehension of complex financial products and their transaction processes
  • Solid understanding of valuation concepts for financial instruments and derivatives
  • Proficient verbal and written communication skills
  • Demonstrated ability to efficiently prioritize multiple tasks

Responsibilities

  • Perform price verification and calculate fair value adjustments
  • Support valuation control initiatives and management reporting processes
  • Collaborate with cross-functional teams on valuation issues to ensure fair value
  • Enhance the control framework and implement new pricing tools
  • Engage in value-added projects aligned with Business, Risk, and Finance

Benefits

  • Opportunities for professional development and advancement
  • Collaborative work environment with a diverse range of teams
  • Exposure to senior management and key business operations
  • Participation in strategic initiatives with potential impact on the organization
Full Job Description
JOB 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.

As a Valuation Controller in the VCG Rates team based in NY, you will work with a wide array of Rates products. This role performs critical independent price verification and fair value adjustment processes for our Global Rates portfolio while partnering with cross-functional teams to enhance valuation control frameworks and ensure regulatory compliance. The position involves implementing innovative control tools, reviewing independent pricing processes, and supporting strategic Business, Risk, and Finance initiatives that drive operational efficiency and maintain accurate fair value determination across our Rates operations.

Job Responsibilities: 

  • Execute price verification/benchmark process, including the calculation of fair value adjustments

  • Assist with various Valuation Control Group (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

  • Participate in other value-added projects related to Business, Risk, and Finance initiatives

Required Qualifications, Capabilities, and Skills:

  • Minimum 7+ years of related experience

  • 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

  • Strong verbal and written communications skills

  • Ability to prioritize multiple tasks efficiently

Preferred Qualifications, Capabilities, and Skills:

  • Undergraduate degree with finance and economics major preferred

  • Graduate degree with finance, economics, mathematics, engineering a plus

  • Work experience in financial industry a plus

  • Analytical and quantitative aptitude. Candidates with quantitative backgrounds preferred

  • Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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