Location: New York, NY
Company: Jpmorgan Chase Bank, N.A.
VCG also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty. Job Summary As a Valuation Control Group Rates Vice President, you will work closely with Traders, Chief Financial Officers, Market Risk, Product Control, Model Governance and Quantitative Research to ensure a complete understanding of business issues and the accurate execution of valuation policy.
The group plays a critical role within the Firm and has exposure to senior management, Business heads, Regulators, and both internal and external audit. You will cover a broad range of products across the entire liquidity spectrum. With core valuation
processes largely delivered through dedicated technology and quantitative research resources, you will focus on insightful analysis leveraging multiple market data sources through advanced analytics platforms.
Job Responsibilities: Responsible for all aspects of the valuation control framework for the North American Rates desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement. Identify emerging valuation risks and guide methodology enhancements to ensure valuation controls accurately capture market dynamics and opportunities to enhance control efficiency Partner with Quantitative Research
and Model Review Groups to backss limitations in trading models and implement compensating controls and model limitation adjustments.
Own the relationship with Front Office and key Finance, Technology and Risk partners providing value add analysis on month-end results, illiquid and concentrated valuation positions, revenue from new deals and complex transactions and new products Partner and participate in projects within the group and the wider Finance organization together with Front Office, and Technology and participate in regulatory exams and address bank's regulators inquiries Required qualifications, skills, and capabilities: 5+ years of experience in financial industry or relevant experience Must have quantitative aptitude and keen interest in financial markets and products.
Understanding of or training in financial products or derivatives pricing preferred Keen interest in developing and coaching a diverse team a must Critical thinker with sound judgement and ability to challenge constructively Curious personality; inclusive; detail oriented; Always looking to improve. Strong communication skills and ability to synthesize complex subjects; Good at multi-tasking and prioritization Basic Microsoft Office & strong Excel skills are required; Knowledge of data science (e.
g. Machine learning), analytics platform (e. g. Alteryx) and data visualization tool (e. g. Tableau) will be advantageous #Li- Hybrid JPMorgan Chase & Co. one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J. P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents and perspectives that they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, interactionual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.
In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) -xyz X and indicate the specifics of the assistance needed. ) We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions.
We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans Base Pay/Salary New York, NY $123,500.00 - $200,000.00 / year
Management & Executive Jobs refer to positions within an organization that involve overseeing operations and making strategic decisions to guide the company towards its objectives. These roles are characterized by leadership responsibilities, high-level planning, and typically require extensive experience. Executives set the vision and goals, while managers ensure that daily activities align with these directives. Such positions often demand strong communication and interpersonal skills, as well as the ability to solve complex problems and adapt to changing business environments.
Management & Executive Jobs refer to high-level positions within an organization that involve overseeing operations, making strategic decisions, and leading teams towards achieving business objectives. Individuals in these roles typically have significant experience and expertise in their respective fields. They are responsible for setting goals, developing policies, and ensuring the effective management of resources. Executive roles often include titles such as CEO, CFO, COO, and department heads, among others. Characteristically, these jobs demand strong leadership skills, excellent communication abilities, and a capacity to think critically and solve complex problems.
Management & Executive Jobs refer to positions at the higher echelons of an organization, where individuals are responsible for overseeing operations, formulating strategies, and making key decisions that affect the company's direction and success. These roles often require strong leadership skills, strategic thinking, and extensive experience in the industry. Executives and managers are pivotal in shaping organizational culture, motivating teams, and driving both short-term and long-term objectives. Characteristics of these positions include higher levels of responsibility, authority, and typically, a greater compensation package reflecting their critical role within the company.
Management & Executive Jobs refer to positions within an organization where individuals are tasked with making strategic decisions, overseeing operations, and leading teams towards achieving business goals. These roles typically include titles such as manager, director, vice president, and CEO, and are characterized by their high level of responsibility, authority, and often, a requirement for extensive experience and leadership skills. Executives set the vision for the company, while managers implement strategies and policies to drive success. These jobs often involve complex problem-solving, strong communication abilities, and the capacity to influence and motivate others.
