Valuation Controller - Currencies and Emerging Markets, Vice President – Singapore

JPMorgan Chase & Co.

The Valuation Control Group (VCG) is an independent group within Finance whose primary responsibility is to ensure that the firm’s risk portfolios are fairly valued. The group sets independent pricing and valuation adjustments policies, executes & generates results, and then works with Trading to remediate and prevent issues on an ongoing basis. VCG also works to identify and control potential valuation risk concentrations, uncertainty in pricing inputs, and valuation model uncertainty.

As a Valuation Controller - Currencies and Emerging Markets, Vice President – Singapore in Corporate Functions, you will work closely with Traders, Market Risk, Product Control, Model Governance and Quantitative Research to ensure a complete understanding of business issues and the accurate execution of valuation policy. You will work with a wide array of Rates, FX and Credit products primarily focusing in EM currencies.

Job Responsibilities:

  • Manage all aspects of the valuation control framework for the CEM Asia desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement.
  • Identify emerging valuation risks and drive 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 assess 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, QR and Technology and participate in regulatory exams and address bank’s regulators inquiries

Required qualifications, capabilities, and skills:

  • The role requires good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team.
  • Minimum 7 years of experience in financial industry or relevant experience
  • Bachelor's degree in Finance or related field
  • Must have quantitative aptitude and keen interest in financial markets and products
  • 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

Preferred qualifications, capabilities and skills:

  • Understanding of or training in financial products or derivatives pricing preferred
  • Knowledge of data science (e.g. Machine learning), analytics platform (e.g. Alteryx) and data visualization tool will be advantageous

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents 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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

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Confirmed 18 hours ago. Posted 30+ days ago.

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