Valuation Controller (Multiple Positions Available)
JPMorgan Chase, New York, NY, United States
Responsibilities
Verify prices of derivative instruments from the trading desk, ensuring accuracy and compliance with market standards.
Identify discrepancies and adjust fair‑value valuations for market liquidity and credit risk.
Maintain accurate reported values that reflect true market value.
Develop and run intelligent solutions using computer applications and programming languages to automate processes.
Analyze data and develop solutions to enhance efficiency and accuracy.
Document methodology changes and implement controls to maintain integrity and accuracy of documentation.
Provide support in resolving disputes over collateral valuation.
Assess valuation methodologies and investigate from a price‑testing perspective.
Partner with Quant research and Technology teams to test and provide feedback on technology projects.
Participate in automating valuation processes.
Qualifications
Minimum education: Master’s degree in Quantitative Finance, Mathematics, or related field plus 3 years of relevant experience; alternatively, a Bachelor’s degree plus 5 years of experience.
Experience with rate derivatives products (interest rate swaps, FRAs, caps & floors, cross‑currency swaps, FX forwards, zero‑coupon bonds, vanilla options).
Pricing derivatives using market conventions and quantitative models, obtaining consensus price levels from providers such as Bloomberg.
Investigating M2M discrepancies, identifying root causes, and developing solutions.
Constructing, reconciling, and validating financial curves (RFR, SOFR, Term SOFR, cross‑currency, G7 single‑currency, and multi‑currency curves).
Analyzing curve building methods (bootstrapping, interpolation, spline, smoothing) and conducting risk analysis.
Familiarity with financial models: Hull‑White, Black‑Scholes, Binomial Tree, SABR, and Monte‑Carlo simulation.
Collecting and analyzing data from market sources (Reuters, Bloomberg) focusing on settlement, calendars, and day‑count conventions.
Using Python to process financial market data, perform time‑series analysis, replicate cash flows, and conduct ad hoc trade modifications.
Advanced Excel skills: pivot tables, charts, macros, and functions (MATCH, VLOOKUP, SUMIF, INDEX, DATE).
Researching interest rate market changes, macroeconomic factors, and policy impacts.
Experience with trading systems for trade lifecycle management.
Job Location
277 Park Ave, New York, NY 10172.
Employment Type
Full‑time
Salary
$115,496 – $145,000 per year (New York, NY).
Equal Opportunity Employer
JPMorgan Chase & Co. is an equal opportunity employer, including disability and veterans. The company does not discriminate on the basis of any protected attribute, and makes reasonable accommodations for applicants’ religious practices and disability needs.
#J-18808-Ljbffr
Verify prices of derivative instruments from the trading desk, ensuring accuracy and compliance with market standards.
Identify discrepancies and adjust fair‑value valuations for market liquidity and credit risk.
Maintain accurate reported values that reflect true market value.
Develop and run intelligent solutions using computer applications and programming languages to automate processes.
Analyze data and develop solutions to enhance efficiency and accuracy.
Document methodology changes and implement controls to maintain integrity and accuracy of documentation.
Provide support in resolving disputes over collateral valuation.
Assess valuation methodologies and investigate from a price‑testing perspective.
Partner with Quant research and Technology teams to test and provide feedback on technology projects.
Participate in automating valuation processes.
Qualifications
Minimum education: Master’s degree in Quantitative Finance, Mathematics, or related field plus 3 years of relevant experience; alternatively, a Bachelor’s degree plus 5 years of experience.
Experience with rate derivatives products (interest rate swaps, FRAs, caps & floors, cross‑currency swaps, FX forwards, zero‑coupon bonds, vanilla options).
Pricing derivatives using market conventions and quantitative models, obtaining consensus price levels from providers such as Bloomberg.
Investigating M2M discrepancies, identifying root causes, and developing solutions.
Constructing, reconciling, and validating financial curves (RFR, SOFR, Term SOFR, cross‑currency, G7 single‑currency, and multi‑currency curves).
Analyzing curve building methods (bootstrapping, interpolation, spline, smoothing) and conducting risk analysis.
Familiarity with financial models: Hull‑White, Black‑Scholes, Binomial Tree, SABR, and Monte‑Carlo simulation.
Collecting and analyzing data from market sources (Reuters, Bloomberg) focusing on settlement, calendars, and day‑count conventions.
Using Python to process financial market data, perform time‑series analysis, replicate cash flows, and conduct ad hoc trade modifications.
Advanced Excel skills: pivot tables, charts, macros, and functions (MATCH, VLOOKUP, SUMIF, INDEX, DATE).
Researching interest rate market changes, macroeconomic factors, and policy impacts.
Experience with trading systems for trade lifecycle management.
Job Location
277 Park Ave, New York, NY 10172.
Employment Type
Full‑time
Salary
$115,496 – $145,000 per year (New York, NY).
Equal Opportunity Employer
JPMorgan Chase & Co. is an equal opportunity employer, including disability and veterans. The company does not discriminate on the basis of any protected attribute, and makes reasonable accommodations for applicants’ religious practices and disability needs.
#J-18808-Ljbffr