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 financial valuations. Based in our state-of-the-art office in Bengaluru, Karnataka, India, this position involves executing independent price verification processes and partnering with diverse teams to address complex valuation challenges. You will contribute to maintaining the accuracy and reliability of fair value measurements across a wide range of asset classes, supporting our commitment to robust risk management and regulatory compliance in a dynamic global market. Your day-to-day responsibilities will include performing rigorous price verifications using advanced analytical tools, challenging external pricing sources, and collaborating with front office traders, risk analysts, and product controllers to resolve discrepancies. You will analyze pricing models, monitor market data integrity, and support key reporting cycles such as month-end closings. This role demands a keen eye for detail and the ability to navigate intricate financial instruments like derivatives and structured products, all while adhering to standards like IFRS 13. Opportunities for process automation and policy enhancement will allow you to drive efficiency in our valuation framework, directly impacting the firm's overall financial health. We seek candidates with a solid foundation in finance and a passion for precision in high-pressure settings. Joining JP Morgan Chase means becoming part of a collaborative culture that values professional growth, with access to world-class training and career advancement paths. In Bengaluru, you'll thrive in a vibrant tech hub, contributing to innovative solutions that serve clients worldwide. If you are ready to safeguard valuations at one of the world's most respected financial institutions, apply today to help shape the future of finance.

Key Responsibilities

• Execute independent price verification for a portfolio of financial instruments to ensure accurate fair value assessments
• Collaborate with front office, risk management, and product control teams to resolve valuation discrepancies and issues
• Perform detailed analysis of pricing models, market data, and third-party valuations
• Monitor and challenge broker quotes and external pricing sources for reliability and compliance
• Contribute to the development and enhancement of valuation control policies and procedures
• Support month-end and quarter-end valuation processes, including reconciliations and reporting
• Identify and escalate potential valuation risks or control weaknesses to senior management
• Utilize analytical tools to automate and streamline verification workflows
• Stay updated on market trends, regulatory changes, and best practices in valuation control
• Assist in training junior team members and promoting a culture of accuracy and integrity

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 valuation methodologies and pricing models
• Knowledge of regulatory requirements such as IFRS 13 and US GAAP for fair value measurements
• Experience with data analysis tools and financial software
• Ability to work in a fast-paced, collaborative environment

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or professional certification (CFA, CPA, or FRM)
• Prior experience at a major financial institution like JP Morgan Chase
• Familiarity with Bloomberg, Reuters, or other market data platforms
• Hands-on experience with automation tools for valuation processes
• International exposure to global financial markets

Required Skills

• Financial modeling and valuation techniques
• Proficiency in Excel and VBA for data analysis
• Knowledge of SQL for querying financial databases
• Understanding of derivative pricing models (e.g., Black-Scholes)
• Analytical thinking and problem-solving abilities
• Attention to detail and accuracy in high-stakes environments
• Strong communication skills for cross-functional collaboration
• Time management and ability to meet tight deadlines
• Regulatory compliance awareness in financial reporting
• Teamwork and interpersonal skills
• Adaptability to evolving market conditions
• Proficiency in market data platforms like Bloomberg
• Risk assessment and mitigation techniques
• Project management for process improvements
• Ethical judgment in handling sensitive financial data

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
• Wellness initiatives, including gym memberships and mental health support
• Flexible work arrangements and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.