Analyst, Valuation Controller

Location: Mumbai, Maharashtra, India

Job Family: Controller

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. As an Analyst, Valuation Controller in our Mumbai office, you will play a critical role in ensuring the integrity of our valuation processes across diverse asset classes. This position within the Controller category offers an exciting opportunity to advance your career by performing rigorous price verification, developing valuation models, and collaborating with cross-functional teams to tackle complex valuation challenges. Reporting to the Valuation Control team lead, you will contribute to maintaining the highest standards of accuracy and compliance in a dynamic banking environment, supporting JP Morgan's commitment to robust risk management and transparent financial reporting. Your day-to-day responsibilities will involve independent price testing for instruments such as derivatives, fixed income securities, and equities, using market data from sources like Bloomberg and Reuters. You will analyze valuation discrepancies, recommend adjustments, and document processes to meet regulatory requirements under IFRS 13 and other global standards. Collaboration is key; you will work closely with front office traders, risk analysts, and product controllers to resolve issues and enhance valuation methodologies. Additionally, you will support ad-hoc initiatives, such as implementing new control frameworks or preparing for internal audits, all while leveraging JP Morgan's state-of-the-art technology platforms to drive efficiency. This role demands a blend of technical expertise and analytical prowess, set against the backdrop of Mumbai's vibrant financial hub. At JP Morgan Chase, we value diverse perspectives and offer unparalleled opportunities for growth, including access to world-class training and global exposure. If you are passionate about financial controls and ready to make an impact in a firm that shapes the future of finance, join us to advance your career while contributing to our mission of powering the progress of individuals and communities worldwide.

Key Responsibilities

• Perform independent price verification for complex financial instruments to ensure accurate fair value assessments
• Collaborate with front office, risk management, and product control teams to resolve valuation discrepancies and challenges
• Develop and maintain valuation models for derivatives, structured products, and other assets
• Monitor market data and external pricing sources to validate internal valuations
• Conduct periodic reviews and attestations of valuation processes in compliance with regulatory standards
• Analyze and report on valuation adjustments, including independent price testing (IPT) results
• Support the implementation of new valuation policies and procedures aligned with JP Morgan's global standards
• Contribute to ad-hoc projects, such as system enhancements or audit support, to improve valuation controls
• Ensure documentation of all valuation activities for audit trails and regulatory reporting
• Stay updated on market trends and evolving valuation regulations to enhance control frameworks

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 2-4 years of experience in valuation control, financial analysis, or a similar role within the financial services industry
• Strong understanding of financial instruments, including derivatives, fixed income, and equities
• Proficiency in valuation methodologies and price verification processes
• Knowledge of regulatory requirements such as IFRS 13 and fair value accounting standards
• Ability to work in a fast-paced, high-pressure environment with tight deadlines
• Excellent analytical and problem-solving skills with attention to detail

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or related discipline
• Experience with Bloomberg, Reuters, or other financial data platforms
• Prior exposure to JP Morgan Chase's systems or similar banking environments
• Certification such as CFA (Chartered Financial Analyst) or CPA (Certified Public Accountant)
• Familiarity with Python or VBA for financial modeling

Required Skills

• Financial modeling and valuation techniques
• Proficiency in Excel and advanced spreadsheet functions
• Knowledge of SQL for data querying and analysis
• Understanding of risk management principles
• Analytical thinking and quantitative aptitude
• Attention to detail and accuracy in data handling
• Strong communication skills, both written and verbal
• Team collaboration and stakeholder management
• Problem-solving in complex financial scenarios
• Time management and prioritization under deadlines
• Adaptability to changing market conditions
• Regulatory compliance awareness
• Basic programming skills (e.g., Python, VBA)
• Report writing and presentation skills
• Ethical judgment in financial controls

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs, including tuition reimbursement and access to internal training
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers and wellness programs at JP Morgan facilities
• Global mobility opportunities and career advancement support within the firm

JP Morgan Chase is an equal opportunity employer.