Product Controller Vice President
J.P. Morgan
Make an impact in Treasury/CIO Finance at a Global Leading Bank. Treasury/Chief Investment Office (TCIO) sits at the very center of the firm and directly influences the composition of the firm’s balance sheet and the activities of its main lines of business. TCIO is responsible for firmwide asset and liability management, including managing JPM’s interest rate risk, its short- and long-term funding requirements, and its liquidity risk.
As a Product Controller, you will provide transaction analysis, P&L and risk, and project support to the TCIO Front Office as they execute transactions and manage resulting positions in support of TCIO’s mission. You will drive the effort to ensure the business’s dynamic environment is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as special projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology. You will work closely with Controllers to understand complex accounting requirements and translate them into practice. You will also lead transformation efforts to optimize P&L and Risk reporting processes and other business initiatives.
As a Product Controller, you will possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, a thorough understanding of financial instruments and relevant accounting principles, an aptitude for root/cause analysis, and an overriding eagerness to exhibit leadership and drive.
Job Responsibilities
- Understand production and substantiation of P&L and Risk to TCIO Front Office / Management.
- Lead various projects to support new business initiatives including active participation to on-board new products and design workflow to support their on-going requirements.
- Develop expertise in AFS and derivative hedge accounting and their application relative to TCIO financial statements.
- Participate in Strategic Re-engineering and global projects involving front/back end systems and closely partner across 3 regions. Deliver substantive and meaningful contribution to group’s work product.
- Understand & contribute to various control frameworks, i.e. Control Self Assessment (CSA), Sarbanes Oxley (SOX) & Business Control Committees (BCC’s).Work closely with Control Management and the Chief Data Office to ensure effective controls are embedded within the team’s processes and procedures.
- Identify opportunities for efficiency and work with Technology and Transformation Team to implement solutions.
- Provide support for any ad hoc requests and queries from various stakeholders
- Work in close partnership with Market Risk, Business Management, Trade support, Financial controllers, VCG, Technology to ensure adequate controls on overall P&L & Risk numbers
Required Qualifications, Skills, and Capabilities
- Degree Holder major in Finance or Accounting
- 7+ years in Public Accounting Practice, Finance or Product Control
- Works independently and takes decisions, escalates when appropriate
- Good communication skills, robust and credible partner
- Detail oriented, ability to deep dive on processes and improve controls/efficiencies
- Good product knowledge with hands on experience in Fixed income & Treasury products
- Good understanding of transaction cycle, infrastructure & associated operational and financial processes and controls
- Strong relationship-building and networking skills
- Ability to deal with high level of adhoc requests and deliver under pressure
- Excel proficiency
Preferred Qualifications, Skills, and Capabilities
- CPA preferred
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
As a Product Controller, you will provide transaction analysis, P&L and risk, and project support to the TCIO Front Office