16 days old

JPMorgan Chase & Co.
Brooklyn, NY 11201
  • Job Code
    200014924

CIB F&BM - Credit Product Controller - Associate

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.


Business Background

 

The Product Controller is primarily responsible for the P&L, Risk management and control of both the standard and non-standard elements of the businesses.  Products include but are not limited to;

  • Derivatives
  • Fixed Income
  • Equity
  • Futures and Options
  • Supply Chain Financing
  • Letters of Credits
  • Secured and Unsecured Financing
  • Leveraged Loans
  • ETFs
  Roles & Responsibilities 

 

The key responsibilities of the P&L and Risk team are:

  • Production, preparation and reporting of the daily P&L and risk management information

  • Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed

  • Review with FO to obtain sign-off and for any ad hoc requests and queries. First point of contact for FO.

  • Additional liaison with other middle office areas, back office, FVP and technology development groups and point of contact for all downstream issues (e.g. Collateral, Credit, Settlements)

  • Liaison with accounting control group to help investigate any issues around daily monitoring and review of the general ledger to reported P&L and month-end reporting and substantiation

  • Manage projects and initiatives related to all of the above as well as larger cross-business programmes

  • Be an active part of the team, coming up with ideas and suggestions for improvements etc.

     

    The two most important characteristics required are the potential to succeed and an active interest in finance.

Skills required / To be developed

 

Essential:

  • Fixed Income and Derivatives experience including clear understanding of Greeks analysis.  Equity Derivatives experience is fine.

  • Strong interpersonal/communication skills – ability to relay information in a concise and understanding manner

  • Professional attitude, strong team player and personable / approachable manner

  • Strong attention to detail and ability to work effectively to tight deadlines

  • Analytical and logical manner; good at problem solving and devising solutions

  • Previous P&L or risk within a derivatives or fixed income securities environment

    Advantageous:

  • Accounting / Control experience- a professional accounting qualification, e.g. ACA, CIMA

  • CFA charter holder

     

Req #: 200014924
Location: Brooklyn, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 3000 US Dollar (USD)


Keyword: consumer%20banking

Categories

Posted: 2020-05-11 Expires: 2020-06-10

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JPMorgan Chase & Co.
Brooklyn, NY 11201

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