Valuation Control Group

2 months ago


London, United Kingdom JPMorgan Chase Bank, N.A. Full time

**Job Summary**

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.

The group is organized along business lines such as the Investment Bank and Consumer & Community Bank and works closely with Traders, CFOs, 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.

**Job responsibilities**:

- Responsible for all aspects of the valuation control framework for the Commodities desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustment stress and fair value measurement.
- Implement new tools to enhance control efficiency and contribute to methodology enhancements
- Partner with Quantitative Research and Model Review Groups to assess limitations in trading models and implement compensating controls and model limitation adjustments.
- Collaborate 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/complex and new products
- Partner or 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**
- Good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team.
- Commodities markets and products experience is preferred.
- Must have quantitative aptitude and keen interest in financial markets and products. Understanding of or training in financial products or derivatives pricing a plus.
- Critical thinker with sound judgement and ability to challenge constructively.
- Curious personality; inclusive; detail oriented; Always looking to improve.
- Basic Microsoft Office & strong Excel skills are required.

**Preferred qualifications, capabilities and skills**
- Experience with Advanced Excel, PowerPoint, Visual Basic, automation and database skills a plus
- Knowledge of data science (e.g. Machine learning), analytics platform (e.g. Alteryx) and data visualization tool (e.g. Tableau) a plus

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. 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.



  • London, United Kingdom JPMorgan Chase Bank, N.A. Full time

    **Posting Description** 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...


  • London, United Kingdom JPMorgan Chase & Co. Full time

    Posting Description 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...

  • Valuation Controller

    3 weeks ago


    London, United Kingdom eFinancialCareers Full time

    **HSBC - HSBCJP00043585** **Valuation Controller** **Rate: £440.00 PAYE P/D or £571.27 Umbrella P/D** **Hybrid minimum of 2 days a week** **Duration - 5 months with the possibility of extensions** **Role Summary: HSBC are currently searching for an ambitious, analytical and organised Valuation Controller to join their Valuations and Analytics Group in...


  • London, Greater London, United Kingdom eFinancialCareers Full time

    HSBC - HSBCJP Valuation ControllerRate: £440.00 PAYE P/D or £571.27 Umbrella P/DHybrid minimum of 2 days a weekDuration - 5 months with the possibility of extensions**Role Summary: HSBC are currently searching for an ambitious, analytical and organised Valuation Controller to join their Valuations and Analytics Group in Product Control. This is a unique...


  • London, Greater London, United Kingdom J.P. Morgan Full time

    Job Description If you are looking for a role in the Valuation Control Group Emerging Markets team, you are in the right place Valuation Control Group covers a broad range of products across the entire liquidity spectrum. With core valuation processes largely delivered through dedicated technology and quantitative research resources, the team focusses...


  • London, United Kingdom eFinancialCareers Full time

    will take you further within your career. - Role Purpose: The PC Valuations & Analytics Group is part of Global Product Control and undertakes three main activities: Valuations, Global Valuation Reporting & Quantitative Analysis. The XVA Valuations team supports the Global Markets business and is responsible for Independent Price Verification (IPV), Fair...


  • London, United Kingdom JPMorgan Chase & Co. Full time

    Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads, regulators, and...


  • London, United Kingdom JPMorgan Chase & Co. Full time

    Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads, regulators, and...

  • Controls Manager

    3 weeks ago


    London, United Kingdom eFinancialCareers Full time

    **Controls Manager - Valuations** **£70,000 - £75,000 + Bonus** **London** Cobalt is working exclusively with a highly regarded Property Investment and Management group in the search a Controls Manager to work with a number of the Valuations teams in maintaining, updating and reviewing the processes. This role is imperative toensuring compliance with...

  • Valuations Control

    6 days ago


    London, Greater London, United Kingdom Barclays Full time

    Valuations Control - Credit LeadLondonAs a Barclays Valuations Control - Credit Lead, you will ensure that the firm's FI Credit portfolio is appropriately valued, based on a combination of analysis of market data inputs and assessment of the pricing models and methodologies used at both a portfolio and individual trade level. As part of the Product Control...

  • Valuation Control

    7 days ago


    London, Greater London, United Kingdom SS&C Technologies Full time

    SS&C Financial Services – Valuation Control – Associate ManagerAbout SS&C TechnologiesSS&C is a global provider of investment, financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in...


  • London, United Kingdom JP Morgan Chase Bank, National Association Full time

    Job DescriptionValuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads,...


  • London, Greater London, United Kingdom JP Morgan Chase Bank, National Association Full time

    Job DescriptionValuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads,...


  • London, Greater London, United Kingdom Barclays Full time

    Valuation Controller - Product ControlLondonAs a Barclays Valuation Controller - Product Control, you'll validate the valuation of Barclays' Trading Books and Records through the repricing of all Fair Value portfolios. In this role, you'll administer the monthly calculation of the Prudent Valuation Adjustment and certain Fair Value Adjustments and work with...


  • London (Central), United Kingdom J.P. Morgan Full time

    Job Description Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads,...


  • London, United Kingdom J.P. Morgan Full time

    Job Description Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads,...


  • LONDON, United Kingdom JPMorgan Chase Full time

    Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads, regulators, and...


  • London, United Kingdom J.P. Morgan Full time

    Job Description Valuation Control is organized along business lines including Corporate & Investment Bank (Macro Products, Credit, Equities, Securitized Products, Investment Banking Risk), Treasury & Corporate, Asset Management, Consumer & Community Banking (CCB) and Commercial Banking (CB). Clients of the group include senior management, business heads,...


  • London, United Kingdom HSBC Full time

    Some careers open more doors than others! If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Global Finance is...

  • Valuation Controller

    2 weeks ago


    London, United Kingdom JPMorgan Chase & Co. Full time

    If you are looking for a role in the Valuation Control Group Emerging Markets team, you are in the right place! Valuation Control Group covers a broad range of products across the entire liquidity spectrum. With core valuation processes largely delivered through dedicated technology and quantitative research resources, the team focusses on insightful...