CIB F&BM - EMEA Securitized Products Group Controller - Associate

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • J.P.Morgan
  • 25 May 18 2018-05-25

CIB F&BM - EMEA Securitized Products Group Controller - Associate

CIB - Product Controller - EMEA Securitized Products Group ( SPG ) - Associate - London

The Securitised Products business is part of the Corporate & Investment Bank within JP Morgan. The business actively engages in the following business activities:
• Acquires or originates, warehouses, and subsequently securitizes consumer and financial assets
• Makes markets in existing securitized financial assets
• Provides financing of consumer financial products
• Underwrites securitizations for third party customers
• Structures and trades in derivative products linked to securitized products

The product control function within IB Finance and Business Management is responsible for:
• The region/product cut of the books and records and control environment
• Primary face to the business
• Production and consolidation of actual and estimate P&L
• Analysis of estimate to actual breaks
• Review and provision of commentary
• Control oversight and integrity of the financial statements and transaction end-to-end control
• Ensuring accuracy in reporting of risk positions

Position Description

The Associate role will be supporting some desks within EMEA SPG. Responsibilities include:

  • Daily preparation, analysis, and verification of the daily trading estimate and reported P&L for Front Office sign-off. Requires daily interaction with Front Office traders, trading assistants and Middle Office trade support.
  • Provide financial oversight over month-end close working closely with the Financial Control hub in Delaware.
  • Conduct investigations of breaks between P&L reporting system and the general ledger, cash wash breaks, and nostros.
  • Understand accounting treatment and ensure compliance with appropriate corporate and regulatory requirements
  • Prepare required data submissions used for Corporate and Regulatory reporting (e.g. FVM (SFAS 157), FVO (SFAS 159), Specific Risk used in risk-weighted assets and Long Term Debt).
  • Understand balance sheet usage and reporting
  • Consolidation accounting
  • Ensure appropriate legal entity reporting of products.
  • Ensure a sound control environment.


Qualifications:
  • BS in Accounting, Finance or related discipline required.
  • Part Qualified/ Qualified CIMA/ ACA/ ACCA (or equivalent) or strong accounting background
  • At least three years of related financial analytical experience
  • Ability to multitask and prioritize effectively
  • Experienced in analysis of monthly financial performance
  • Proficiency in computer navigation and Microsoft environment. Hyperion Essbase and SAP experience preferred
  • Strong communication & organizational skills, including good judgment and decision making abilities
  • Solid understanding of financial products such as loans and derivatives would be advantageous
  • Strong analytical, problem-solving abilities and detail oriented
  • Team player
About J.P. Morgan's Corporate & Investment Bank:

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.

Closing Date: March 16, 2018