Associate, Valuation Controller

Location: Bengaluru, Karnataka, 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 service. As an Associate in Valuation Control within our Corporate & Investment Bank division, you will play a critical role in ensuring the integrity of our valuation processes for a diverse portfolio of financial instruments. Based in our state-of-the-art office in Bengaluru, Karnataka, India, this position offers the opportunity to work on high-impact projects that support our global operations. You will execute the price verification process, independently challenging trading marks and partnering with front-office, risk, and operations teams to resolve complex valuation issues. This role is essential to maintaining the accuracy of our financial reporting and upholding the highest standards of regulatory compliance in a dynamic market environment. In this position, you will leverage your expertise in financial modeling and market data analysis to perform rigorous price testing on instruments ranging from equities and fixed income to sophisticated derivatives. You will collaborate closely with various functional groups, providing insights that influence trading strategies and risk management decisions. Responsibilities include developing and refining valuation models, monitoring data sources for reliability, and contributing to the firm's robust control framework. At JP Morgan Chase, we value precision and innovation, and you will have access to cutting-edge tools and resources to drive process improvements and mitigate valuation risks effectively. Joining JP Morgan Chase means becoming part of a collaborative culture that fosters professional growth and work-life balance. We are committed to diversity, inclusion, and empowering our employees to make a meaningful impact. This role not only offers exposure to the intricacies of global finance but also provides pathways for career advancement within one of the world's most respected institutions. If you are passionate about financial accuracy and thrive in a challenging environment, we invite you to contribute to our mission of delivering superior value to clients worldwide.

Key Responsibilities

• Execute the price verification process for a portfolio of financial instruments, ensuring accuracy and compliance with internal policies
• Partner with trading, risk management, and front-office teams to resolve valuation discrepancies and issues
• Perform independent price testing and challenge front-office marks using market data and pricing models
• Develop and maintain valuation models for complex derivatives and structured products
• Monitor market data sources and ensure timely incorporation of new pricing inputs
• Contribute to the preparation of valuation reports for senior management and regulatory submissions
• Identify and escalate potential valuation risks or control weaknesses to improve processes
• Collaborate on ad-hoc projects related to valuation enhancements or system implementations
• Ensure adherence to JP Morgan's global valuation control framework and regulatory standards
• Support audit and examination processes by providing documentation and explanations on valuation methodologies

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 2-3 years of experience in valuation control, financial reporting, or a similar role within the financial services industry
• Strong understanding of financial instruments, including derivatives, fixed income, and equities
• Proficiency in financial modeling and valuation methodologies
• Knowledge of regulatory requirements such as IFRS 13, ASC 820, and Basel III
• Experience with data analysis tools and financial databases
• Ability to work in a fast-paced, high-pressure environment with tight deadlines

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or professional certifications like CFA or CPA
• Prior experience at a major financial institution like JP Morgan Chase
• Familiarity with JP Morgan's internal valuation systems and processes
• Hands-on experience with Python or VBA for automation in valuation tasks
• Background in audit or risk management within investment banking

Required Skills

• Financial modeling and valuation techniques
• Proficiency in Excel and advanced spreadsheet functions
• Knowledge of Bloomberg or Reuters for market data analysis
• Analytical thinking and problem-solving abilities
• Attention to detail and accuracy in data handling
• Strong communication skills for cross-functional collaboration
• Understanding of derivatives pricing and risk metrics
• Regulatory compliance and reporting expertise
• Time management in deadline-driven environments
• Teamwork and interpersonal skills
• Basic programming in Python or SQL for data manipulation
• Risk assessment and control framework knowledge
• Adaptability to evolving market conditions
• Quantitative analysis skills
• Ethical judgment in financial decision-making

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 and tuition reimbursement for certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan campuses
• Global mobility opportunities and career advancement support within the firm

JP Morgan Chase is an equal opportunity employer.