Product Controller for Global Clearing business- Associate

200 years

0 Lacs

Posted:1 day ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

JOB DESCRIPTION


Join our Global Clearing team within the Global Equities Line of Business at the Corporate & Investment Bank, where you'll help clients clear and settle derivative transactions worldwide. Our business includes Futures & Options, Over the Counter Clearing, Foreign Exchange Prime Brokerage, and Treasury Liquidity Management, and is a leader in regulatory reform, such as mandatory clearing of OTC Derivatives and Basel III rules. With a history of providing Sales, Execution, and Clearing services since 1979, we offer electronic trading access to over 50 exchanges. Our OTC Clearing business plays a crucial role in helping clients navigate new regulations like Dodd/Frank and EMIR. This position offers a unique opportunity to develop expertise in a rapidly evolving industry.

As the Product Controller for the Global Clearing business within the Corporate & Investment Bank, you will focus on PnL and risk reporting for the Clearing desk. You will own daily P&L and month-end close processes, provide detailed financial analysis and reporting, and partner with the business to implement robust controls and new initiatives. This role offers an opportunity to gain expertise in a dynamic area of focus within the bank and markets, especially during a time of significant industry change.

Job Responsibilities:

  • Own daily P&L and month-end close processes for Clearing Desk
  • Provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management
  • Partner with the business to drive forth and implement robust controls and new business initiatives
  • Drive coordination across various back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner
  • Serve as an analytical and project support resource for product control
  • Ensure product control is adhering to the CIB product controller standards and actively work to remediate any gaps
  • Compile and distribute MIS to the business such as monthly financials and other ad-hoc requests

Required qualifications, capabilities, and skills

  • Work experience in Finance or Accounting
  • Strong quantitative/analytical skills and attention to detail
  • Excellent Communication and Presentation skills – written and verbal
  • Ability to multi-task and execute on a variety of deliverables in a high paced environment
  • Ability to implement and maintain effective controls
  • Self-Motivated and Results Driven and the ability to improve on current processes and drive operational change
  • Proficient in Microsoft Excel, Outlook, and PowerPoint
  • Derivatives experience

Preferred qualifications, capabilities, and skills

  • Alteryx and VBA experience would be an advantage
ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.


ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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