Quant jobs / JPMorgan

Valuation Control Model Risk – Senior Associate

A role in JPMorgan's Valuation Control Group, the independent team checking that trading positions are fairly valued. You focus on model risk for fair value and prudent valuation adjustments.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Track model limitations and performance for valuation adjustment models
Review documentation for consistency with model standards
Test mitigants and compensating controls
Work with model review and quant research on approvals
Draft best-practice guidance and training on model risk

What they ask for

Required

Model validation or development experience
Knowledge of financial products and asset classes
Quantitative aptitude and attention to detail
Written and verbal communication
Working Python and/or VBA and Excel

Preferred

Valuation control experience

Education: Not stated
Experience: Model validation or development experience is a strong plus
Languages and tools: Python
VBA
Excel
Markets: multi-asset

How to prepare

Learn fair value and prudent valuation adjustments such as bid-offer, model and close-out costs
Study IPV and how independent price testing works
Review a simple derivative pricer and list its main model risks
Practise writing short, clear model limitation summaries

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on JPMorgan’s site before applying: requirements, location and pay can change after we check them.

View the posting on JPMorgan’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with JPMorgan and doesn’t handle applications.