Product Control - Analyst

JobID: 210509767

Category: Product Control

JobSchedule: Full time

Posted Date: 2024-04-21T23:31:44+00:00

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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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.

T/CIO Global Operations is part of the Treasury/Chief Investment Office (T/CIO) which is responsible for firm wide asset and liability management including:

• Aggregating and managing the firm's structural interest rate risk, primarily through a global investment portfolio.

• Managing the firm's funding and liabilities, including both long term debt and short term cash deployment.

• Aggregating, managing and reporting the firm's liquidity risk.

• Aggregating and managing the firm's structural foreign exchange.

• Managing the end to end risk weighted assets and capital process

The execution middle office provides transaction analysis, P&L and risk, and project support to the T/CIO desks which execute transactions and manage resulting positions. You will participate in 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 drive 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.

Job Responsibilities

• Production and substantiation of P&L and Risk to CIO/Treasury FO/Management

• Provide relevant analyses and commentary to portfolio manager(s) in order to facilitate their daily book(s) review and sign-off.

• Perform various control reconciliation/reporting to ensure integrity and accuracy of all Corporate feeds impacting the business

• Perform selected month end P&L reconciliation and work closely with Finance Controllers team to ensure proper reconciliation of P&L & Balance Sheet

• Participate in the identification or development of technology to support new business flows.

• Generate test cases and execute user acceptance testing to ensure new technology delivers and functions as expected.

• Work in close partnership with various stake holders i.e. markets risk, finance, BM, VCG, other LOB controllers, technology & PMO on BAU/adhoc management requests

• Participate in cross-functional training to ensure adequate coverage.

Required qualifications, capabilities and skill

• Degree Holder major in Finance, Accounting or other management discipline

• 1-2 years or above working experience in Middle Office, Market Risk, Finance or Product Control

• A good team player with professional attitude

• Strong analytical skills to understand a diverse set of sophisticated cross-asset products and complex end-to-end workflow

• Good communication skills, robust and credible partner with all stakeholders

• Understanding of financial products transaction cycle & associated operational and financial processes and controls

• Strong interest in process improvement, automation, and system enhancement

• Ability to deal with high level of adhoc requests and deliver under pressure

• Strong Excel skills required