Valuation Controller Private Equity - Senior 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-focused solutions. The Valuation Controller Private Equity - Senior Associate role within our Controller organization in the Asset & Wealth Management division is pivotal in ensuring the integrity and accuracy of valuations for our extensive private equity portfolio. Reporting to the Valuation Control team lead in New York, you will play a key role in assessing the fair value of illiquid investments, supporting over $2 trillion in assets under management. This position demands a blend of technical expertise and strategic insight to navigate complex market dynamics and regulatory landscapes, contributing to the firm's reputation for robust risk management and transparency. In this role, you will conduct rigorous fair value assessments using advanced methodologies such as discounted cash flow analysis, market multiples, and option pricing models, tailored to private equity assets like direct investments, co-investments, and fund-of-funds structures. You will collaborate closely with portfolio managers, investment analysts, and external advisors to challenge assumptions, validate inputs, and produce comprehensive valuation reports that comply with ASC 820 and IFRS 13. Additionally, you will monitor macroeconomic factors, industry-specific risks, and liquidity events that could impact valuations, while participating in the continuous improvement of JP Morgan's proprietary valuation tools and processes to enhance efficiency and accuracy across our global operations. We seek a proactive professional who thrives in a collaborative yet high-pressure environment, with opportunities for career growth in one of the world's most respected financial institutions. This Senior Associate position offers exposure to senior leadership and involvement in strategic initiatives, such as integrating ESG factors into valuations or leveraging AI for predictive modeling. Join JP Morgan Chase to advance your career while helping shape the future of private equity valuation in a firm committed to excellence, diversity, and sustainable finance.

Key Responsibilities

• Assess and determine the fair value of private equity investments in accordance with JP Morgan Chase's valuation policies and regulatory requirements
• Perform detailed financial modeling, including discounted cash flow (DCF), comparable company analysis, and precedent transactions for portfolio companies
• Collaborate with investment teams, portfolio managers, and external auditors to validate valuation assumptions and methodologies
• Monitor market conditions, economic indicators, and industry trends impacting private equity valuations
• Prepare valuation reports, documentation, and disclosures for internal stakeholders and regulatory filings
• Identify and mitigate valuation risks, ensuring compliance with ASC 820 and other relevant standards
• Support the development and enhancement of valuation control processes and tools within the Controller group
• Conduct periodic reviews and back-testing of valuation models to ensure accuracy and reliability
• Liaise with third-party valuation providers and negotiate service agreements as needed
• Contribute to ad-hoc projects, such as system implementations or process improvements in JP Morgan's Asset & Wealth Management division

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 3-5 years of experience in valuation, private equity, or investment accounting within financial services
• Strong understanding of fair value accounting standards (e.g., ASC 820, IFRS 13)
• Proficiency in financial modeling and valuation techniques for illiquid assets
• CPA, CFA, or equivalent professional certification
• Experience with private equity fund structures and investment vehicles
• Ability to work in a fast-paced, high-stakes environment at a global financial institution

Preferred Qualifications

• Advanced degree (MBA) in Finance or related discipline
• Prior experience at a Big Four firm or major investment bank like JP Morgan Chase
• Knowledge of alternative investments and hedge fund valuation
• Familiarity with JP Morgan's internal systems and risk management frameworks
• Proven track record in audit or control functions within private equity

Required Skills

• Financial modeling and Excel proficiency (advanced level)
• Valuation techniques for private equity and alternative investments
• Knowledge of GAAP/IFRS accounting standards
• Analytical and quantitative problem-solving
• Attention to detail and accuracy in financial reporting
• Strong communication skills, both written and verbal
• Ability to collaborate across multidisciplinary teams
• Risk assessment and management
• Proficiency in data analysis tools (e.g., Python, SQL, or Bloomberg)
• Understanding of private equity fund operations and structures
• Time management in deadline-driven environments
• Adaptability to regulatory changes in financial services
• Ethical judgment and integrity in handling sensitive financial data
• Project management for valuation initiatives
• Familiarity with audit processes and internal controls

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company match
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to internal training
• Wellness programs with gym memberships and mental health support
• Employee stock purchase plan and financial planning services
• Flexible work arrangements and commuter benefits in New York

JP Morgan Chase is an equal opportunity employer.