Valuation Controller - Illiquid Credit

JPMorgan Chase JPMorgan Chase · Banking · LONDON, United Kingdom · Corporate Sector

This role is for a Valuation Controller in the financial sector, focusing on applying data science and AI/ML to ensure accurate pricing and robust controls for complex financial products, particularly illiquid credit. The responsibilities include developing analytics, building monitoring tools, and exploring new data sources and techniques to enhance valuation control and meet regulatory standards.

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
  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 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

Nice to have

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

What the JD emphasized

  • AI/ML