Valuation Controller Associate

Location: New York, NY, United States

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 a Valuation Controller Associate in our Specialized Products Group within the Controller division, you will play a critical role in ensuring the integrity of valuations for complex financial instruments. Based in our New York, NY office, this position offers the opportunity to work on high-impact projects that support our investment banking and asset management businesses. You will lead valuation processes, challenge assumptions, and drive compliance, contributing to the firm's reputation for accuracy and reliability in a dynamic market environment. Your primary focus will be on overseeing the end-to-end valuation lifecycle for specialized products, including derivatives, securitizations, and structured finance deals. This involves performing independent verifications, analyzing market data, and implementing robust controls to align with JP Morgan Chase's stringent standards and regulatory requirements like Dodd-Frank and Basel III. Collaborating closely with cross-functional teams, you will provide insights that inform trading strategies and risk decisions, while also supporting audit and regulatory reporting. This role demands a blend of technical expertise and business acumen to navigate the complexities of global financial markets. We value associates who thrive in collaborative, high-performance cultures and are committed to continuous learning. In this position, you will have access to mentorship from senior controllers and opportunities to advance within our world-class finance organization. JP Morgan Chase is an equal opportunity employer dedicated to fostering diversity and inclusion, offering a supportive environment where your contributions can shape the future of finance.

Key Responsibilities

• Lead the valuation processes for specialized products, including derivatives, structured securities, and complex financial instruments
• Ensure accurate and timely valuation adjustments in compliance with internal policies and external regulations
• Collaborate with trading, risk management, and finance teams to validate pricing models and assumptions
• Perform independent price verification (IPV) and challenge front-office valuations as needed
• Prepare and review valuation reports for senior management and regulatory submissions
• Monitor market data and economic indicators to assess impacts on portfolio valuations
• Implement controls to mitigate valuation risks and enhance process efficiency
• Support audit processes by providing documentation and explanations for valuation methodologies
• Contribute to the development of valuation policies and procedures within the Controller division
• Stay updated on industry best practices and emerging regulations affecting valuations

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 2-3 years of experience in valuation, financial reporting, or controller roles within financial services
• Strong understanding of financial instruments, derivatives, and valuation methodologies
• Proficiency in regulatory compliance standards such as IFRS, GAAP, and SEC reporting requirements
• Experience with financial modeling and data analysis tools
• CPA, CFA, or equivalent certification
• Ability to work in a fast-paced, high-stakes environment

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance)
• Prior experience at a major financial institution like JP Morgan Chase
• Knowledge of specialized products such as structured finance or exotic derivatives
• Familiarity with risk management frameworks in investment banking
• Experience with automation tools for valuation processes

Required Skills

• Financial modeling and Excel proficiency
• Knowledge of valuation techniques (e.g., DCF, option pricing models)
• Regulatory compliance and reporting expertise
• Data analysis and interpretation
• Attention to detail and analytical thinking
• Strong communication and presentation skills
• Team collaboration and stakeholder management
• Problem-solving in complex financial scenarios
• Proficiency in financial software (e.g., Bloomberg, Reuters)
• Understanding of risk assessment and mitigation
• Time management in deadline-driven environments
• Adaptability to market volatility
• Technical writing for reports and documentation
• Basic programming knowledge (e.g., VBA, Python for automation)

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching
• Generous paid time off and flexible work arrangements
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives at JP Morgan Chase locations
• Parental leave and family support benefits

JP Morgan Chase is an equal opportunity employer.