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JPMorganChase

Valuation Controller - Private Equity - Vice President

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Hybrid
New York, NY
Hybrid
New York, NY

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Job Description
The Valuation Control Group (VCG) provides independent verification of the initial Front Office estimates of fair value and the framework for various adjustments to ensure that the Firm's final estimate of fair value comply with US GAAP. The group sets policy for reserves and pricing methodologies through interaction with Front Office and other stakeholders such as Model Risk Governance & Review, Market/Credit Risk, Product Control and Corporate Accounting Policy.
Job Summary
As a Valuation Controller Vice President in Private Equity within the Valuation Control Group (VCG), you will provide independent verification of the initial Front Office estimates of fair value and the framework for various adjustments to ensure that the Firm's final estimate of fair value comply with US GAAP. The group sets policy for reserves and pricing methodologies through interaction with Front Office and other stakeholders such as Model Risk Governance & Review, Market/Credit Risk, Product Control and Corporate Accounting Policy. This VCG has a broad mandate with responsibilities to execute an independent valuation oversight of the firm's banking book portfolios as well as the strategic and opportunistic investments in private equity portfolios. The scope of coverage includes (but not limited to) loans, securities, deposits, and private investments under various stages of business development.
Job Responsibilities:

  • Interface with internal (front office, middle office, back office, accounting policy, research, technology) and external partners to collect market data, perform research, and obtain comparable pricing information to determine/calculate fair value
  • Execute many ad-hoc research inquiries from senior management, across all products in the scope of coverage
  • Maintain a close relationship with our business partners, to ensure accuracy of analysis and availability of all transaction information
  • Be responsible for key reporting deliverable


Required qualifications, capabilities and skills

  • 6+ years of experience and Bachelors Degree in Finance, Accounting, Economics, or other related area
  • Working knowledge of private equity valuation experience
  • Strong analytical and quantitative skills with the ability to observe and interpret
  • Keen eye for potential control deficiencies and desire/ability to rectify and attention to detail
  • Excellent communication skills
  • Strong Excel, Access, PowerPoint skills
  • Ability to work in pressure oriented environment with tight recurring deadlines (mid month, month end, quarter end, year end, regulatory, audit)
  • Ability to seek efficiencies in work, leveraging VCG and the firm
  • Teamwork oriented, ability to work across management hierarchy
  • Eagerness to learn new skills and develop knowledge of the Private Equity and valuation role


Preferred qualifications, capabilities and skills

  • Knowledge of Bloomberg and CAPIQ (is a plus otherwise will be required to learn)
  • Knowledge of Alteryx and Tableau a plus but not required


About Us
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 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.
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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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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4 Metrotech Center, Brooklyn, NY, United States, 11201

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