Credit Trading Valuation Control Associate

Job Description

Organization Description

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.

Employer Description

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.

Job Description

VCG is seeking an Associate covering Emerging Markets Exotics&Hybrids desk in EMEA. The candidate will work with a wide array of emerging markets Interest Rates, FX and Credit vanilla and exotic products.

Key responsibilities:

• Play a key role in Price Testing & Fair Value Adjustments validation for Credit business
• Participate in discussions with Trading and Management during desk-level risk meetings
• Enhance existing control framework including continuously improving independent pricing processes, assessing potential coverage developments, ensuring that the current framework captures the economic reality of the valuation risks and implementing new tools to enhance control efficiency
• Provide advice on valuation issues related to large concentration, revenue on new deals/complex transactions, review non-standard or structured trades and new products
• Partner with Quantitative Research (QR) and Model Review groups to address any model limitations
• Work on key projects for the Finance organization together with the Front Office, QR and Technology 

Required Job Skills 

The role requires a good understanding and keen interest in financial markets, combined with strong analytical abilities, clear verbal and written communication skills and willingness to contribute as part of a high performing team. The candidate should have the following core competencies: 

• Degree in Finance (Graduate degree preferred)
• Expertise in financial products and derivatives valuation. Understanding of macroeconomic and political developments and their impact on financial markets, in particular Credit Markets.
• Strong commitment to learn and operate in a fast changing environment by prioritizing effectively to meet objectives
• Excellent written and verbal communication skills and ability to communicate in a clear and concise manner
• Attention to detail and strong control mindset - challenge constructively, handle disputes, negotiate with traders while upholding the control framework
• Ability to efficiently deal with and draw conclusions from large amounts of data (excellent Excel skills are required, Alteryx/Python is preferred). Strong technical capabilities in order to lead infrastructure enhancements

About Us 

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.

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.

For further information, and to apply, please visit our website via the “Apply” button below.