CIB F&BM GEM Financing Product Controller - Associate- New York

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • JPMorgan.
  • 24 Sep 16

CIB F&BM GEM Financing Product Controller - Associate- New York

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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

The Corporate & Investment Bank (CIB) Finance and Business Management (F&BM) group provides financial advice to support the CIB's business strategy and helps to ensure a sound control environment. Within F&BM, the four major areas of responsibility are: Business-aligned BMs (Business Managers), the CIB Controller, Support Staff CFO, and Planning and Analysis.
The GEM Financing Product Controller will primarily be supporting the trading desk in EMEA and be part of the Markets Fixed Income Financing business. JPMorgan has one of the industry's leading franchises.

The Controller team is responsible for providing business advisory and accounting support, control oversight and integrity of the financial statements and transaction end-to-end control in support of the business. Responsibilities of this team include, but are not limited to, oversight of financial statement and management reporting, ensuring compliance with accounting policies including new business initiatives and product review, business performance control, business analytics and expense management.

Position Description
The Associate role will have responsibility across the GEM Financing repo business, with responsibilities for both P&L and balance sheet.

Responsibilities include:

  • Ensure a sound control environment which is consistent with the rest of the Fixed Income Financing businesses.
  • Understand accounting treatment and ensure compliance with appropriate corporate and regulatory requirements
  • Being the key contact for implementing P&L and other migrations for the Product Controller team
  • Validate balance sheet items for appropriate classification for regulatory, corporate and legal entity reporting
  • Understand and contribute to control frameworks; Control self assessment (CSA), Production of P&L and Risk reporting.
  • Keep up with new Regulatory requirements and improve: Volcker, Treasury, P&L and BS documentation procedures
  • Understand and validate attribution and revenue sharing relationships
  • Ad hoc business and financial analysis
  • Validate existing reports and develop, as needed, new MIS performance analytics
  • Perform SVA analysis to determine profitability of business lines and assist in strategic revenue plans.
  • Suggest and implement controls to improve accuracy and efficiency of reporting.
  • Develop solid working relationships with numerous other support functions and business partners


Qualifications
  • Ability to work independently;
  • Ability to multitask and prioritize effectively
  • Effective problem resolution skills; identify problems, prioritize and come back with solutions.
  • Strong analytical, problem-solving abilities and detail oriented
  • Good written and verbal communication skills
  • Strong understanding of both Balance sheet and P&L processes.
  • Team player
  • Strong accounting background highly preferred
  • Solid understanding of financial products such as repos and bonds in a trading environment

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.