At a Glance
- Tasks: Apply data science skills to ensure fair value across complex financial products.
- Company: Join a leading firm that values innovation and analytical thinking.
- Benefits: Competitive salary, diverse team, and opportunities for professional growth.
- Why this job: Make an impact by influencing key decisions in valuation control.
- Qualifications: Degree in STEM fields and experience with AI/ML required.
- Other info: Dynamic environment with a focus on diversity and inclusion.
The predicted salary is between 60000 - 80000 £ per year.
Join a team where you will apply your data science skillset to ensure fair value across complex products. As part of the Valuation Control Group, you will play a critical role in ensuring accurate pricing and robust controls across a diverse portfolio. This is your opportunity to collaborate with senior leaders and influence key decisions. We value innovation, analytical thinking, and a commitment to excellence. Make your mark in a role that offers both challenge and growth.
As a Valuation Controller specialising in credit markets in the Valuation Control Group, you will deliver data-driven solutions leveraging the latest technologies to ensure the accuracy and consistency of fair value assessments across a wide range of financial products. You are expected to deliver impactful analysis to enhance valuation control. We’re looking for people who have a curious mindset, are solution-oriented and are passionate about new technology. Your work will help us meet regulatory standards and deliver value to our clients and stakeholders.
Job Responsibilities
- Work closely with valuation controllers to understand business challenges and identify where data science can add the most value.
- Contribute to the design and development of analytics and models to monitor and assess valuation risk for illiquid credit products.
- Help build tools for outlier detection, benchmarking, and systematic monitoring of valuation inputs and outputs.
- Assist in developing approaches to infer fair value for illiquid instruments using sparse market data and proxy relationships.
- Explore and evaluate new data sources, tools, and techniques (e.g., Databricks functionality) that could enhance the team's capabilities.
- Collaborate with technology and quantitative research teams to implement solutions on strategic infrastructure.
- Build your expertise in illiquid credit products, valuation methodologies, and the regulatory landscape with support from the team.
Required Qualifications, Capabilities and Skills
- Degree in numeric fields or STEM related fields, such as statistics, computer science, data science, etc.
- Knowledge and interest in financial markets and willingness to learn about financial product valuation.
- Experience working with AI/ML.
- Proficiency in programming languages such as Python and familiarity with core data science libraries.
- A self-starter mentality — you're comfortable taking initiative, working through ambiguity, and figuring things out with support rather than step-by-step instructions.
- Strong written and verbal communication skills.
Preferred Qualifications, Capabilities, and Skills
- CFA certification.
- Experience with cloud-native platform infrastructure (AWS, Databricks).
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.
Valuation Controller - Illiquid Credit employer: JPMorgan Chase
Contact Detail:
JPMorgan Chase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Valuation Controller - Illiquid Credit
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in valuation control or related fields. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a project that highlights your data science expertise, especially in financial markets. This will not only impress potential employers but also give you something concrete to discuss during interviews.
✨Tip Number 3
Practice makes perfect! Mock interviews with friends or mentors can help you refine your answers and boost your confidence. Focus on articulating how your skills align with the role of a Valuation Controller.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team and contributing to our mission in valuation control.
We think you need these skills to ace Valuation Controller - Illiquid Credit
Some tips for your application 🫡
Show Off Your Data Science Skills: Make sure to highlight your data science expertise in your application. We want to see how you can apply your skills to tackle complex valuation challenges, so don’t hold back on showcasing your experience with analytics and programming languages like Python.
Tailor Your Application: Take the time to customise your application for the Valuation Controller role. Mention specific experiences that relate to illiquid credit products and how you've used innovative solutions to solve problems in the past. This will help us see your fit for the team!
Be Curious and Solution-Oriented: We love candidates who have a curious mindset! In your written application, share examples of how you've explored new technologies or data sources in previous roles. Show us your passion for learning and how you approach problem-solving.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter.
How to prepare for a job interview at JPMorgan Chase
✨Know Your Numbers
Brush up on your understanding of valuation methodologies and financial products, especially in illiquid credit markets. Be ready to discuss how data science can enhance valuation control and provide specific examples from your experience.
✨Showcase Your Tech Skills
Familiarise yourself with programming languages like Python and relevant data science libraries. Prepare to discuss any projects where you've used AI/ML techniques, and be ready to explain how these can be applied to valuation challenges.
✨Ask Insightful Questions
Prepare thoughtful questions about the team’s current challenges and how they leverage technology for valuation. This shows your curiosity and willingness to contribute to innovative solutions, which is highly valued in this role.
✨Communicate Clearly
Practice articulating complex ideas simply and clearly. Strong communication skills are essential, so be prepared to explain your thought process and findings in a way that resonates with both technical and non-technical stakeholders.