What are the responsibilities and job description for the Equities Product Controller - Senior Associate position at JPMorganChase?
Job Description
Join this fast-paced team as an Associate with a focus on Equities Product Control.
As a Senior Associate Equities Product Controller within the financial controllers and trading desks team, you will ensure the accuracy of Profit & Loss (P&L), balance sheet, and month-end close procedures. You will have the opportunity to promote and implement robust controls and new business initiatives, coordinate across various front & back office support functions, and serve as an analytical and project support resource. This role will allow you to leverage your strong analytical skills, attention to detail, and excellent communication skills to develop strong working relationships and contribute to our team's success.
Job Responsibilities
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 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
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.
Join this fast-paced team as an Associate with a focus on Equities Product Control.
As a Senior Associate Equities Product Controller within the financial controllers and trading desks team, you will ensure the accuracy of Profit & Loss (P&L), balance sheet, and month-end close procedures. You will have the opportunity to promote and implement robust controls and new business initiatives, coordinate across various front & back office support functions, and serve as an analytical and project support resource. This role will allow you to leverage your strong analytical skills, attention to detail, and excellent communication skills to develop strong working relationships and contribute to our team's success.
Job Responsibilities
- Responsible for the global coordination and production of the P&L and Risk Scorecard for the Global EDG business, ensuring accuracy and timeliness in data submission. This comprehensive pack is reviewed by senior management on a monthly basis to evaluate the effectiveness of all controls and ensure they are being executed as required.
- Collaborate with controllers across regions to ensure submissions are accurate and compliant with the P&L and Risk minimum standards. Where necessary, facilitate amendments to submissions to meet these requirements in a timely manner.
- Produce, validate, and report T 1 P&L and Risk figures and assist with the month-end close process.
- Substantiate and report daily P&L attributes, including but not limited to Delta, Gamma, and Vega.
- Drive coordination across various front and back office support functions to ensure the resolution of control and reporting issues in an accurate and timely manner.
- Provide T 1 P&L commentary that explains significant drivers of P&L, including market context where necessary.
- Handle various ad-hoc requests on a daily basis.
- Obtain daily P&L and Risk sign-off from the Front Office to ensure compliance with PC P&L and Risk minimum standards.
- Develop, update, and enhance automated process solutions for improved controls and efficiency.
- Serve as an analytical and project support resource for NA Equities product control.
- 4 years within Product Control, Financial Control, Accounting, or related area
- Experience doing P&L and month end close process
- Bachelor’s degree in Accounting, Finance, Business or related area
- Solid understanding of financial products
- Strong analytical skills and attention to detail including a strong control focus
- Excellent communication skills and ability to develop strong working relationships.
- Proficiency in Microsoft Excel and Alteryx
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 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
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.
Salary : $100,700 - $145,000