Corporate Controllers - Valuation Control Group Commodities - Vice President - JPMorgan Chase Bank, N.A.
New York, NY 10001
About the Job
As a Vice President of Corporate Controller in the Valuation Control Group Commodities team, you will be responsible for all aspects of the valuation control framework for the North America Power, Gas and Environmental desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement. You will work with a wide array of Energy products and primary coverage will include Natural Gas, Power, and Environmental Products. If you have a good understanding and keen interest in financial markets, combined with strong analytical abilities and willingness to contribute as part of a high performing team, please apply today.
Job Responsibilities:
- Be responsible for all aspects of the valuation control framework for the North America Power, Gas and Environmental desk, including independent price verification, valuation and prudent valuation adjustments, valuation adjustments stress and fair value measurement.
- Review complex transactions associated with the Global Gas business, challenging the trading business to ensure appropriate constraints/controls in place.
- 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, Quality Reporting and Technology and participate in regulatory exams and address bank's regulators inquiries
Required Qualifications, Capabilities, and Skills:
- 7+ years of experience in financial industry or relevant experience
- Commodities markets and/or market risk experience, products experience is mandatory.
- 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 (e.g. Tableau) will be advantageous
JPMorganChase, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $128,250.00 - $200,000.00 / year