Valuation Controller Associate - Credit North America

JPMorgan Chase JPMorgan Chase · Banking · New York, NY +1 · Corporate Sector

This role is for a Valuation Controller Associate in the Credit North America team at JPMorgan Chase. The primary focus is on applying data science skills to ensure fair value across complex financial products, particularly illiquid credit products. Responsibilities include developing analytics and models for valuation risk assessment, building tools for outlier detection and benchmarking, inferring fair value from sparse data, and exploring new data sources and techniques. The role requires a degree in a numeric or STEM field, knowledge of credit markets, experience with AI/ML, proficiency in Python and data science libraries, and strong communication skills. Collaboration with technology and quantitative research teams is expected.

What you'd actually do

  1. Work closely with valuation controllers to understand business challenges and identify where data science can add the most value
  2. Contribute to the design and development of analytics and models to monitor and assess valuation risk for illiquid credit products (e.g., Private Credit)
  3. Help build tools for outlier detection, benchmarking, and systematic monitoring of valuation inputs and outputs
  4. Assist in developing approaches to infer fair value for illiquid instruments using sparse market data and proxy relationships
  5. Explore and evaluate new data sources, tools, and techniques (e.g., Databricks functionality) that could enhance the team's capabilities

Skills

Required

  • Degree in numeric fields or STEM related fields, such as statistics, computer science, data science, etc
  • Knowledge and interest in credit 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

Nice to have

  • CFA certification
  • Experience with cloud-native platform infrastructure (AWS, Databricks)

What the JD emphasized

  • AI/ML