What are the responsibilities and job description for the Global Rates External Reporter, Vice President position at JPMorganChase?
Job Description
The role provides an excellent opportunity to learn and gain an in-depth understanding of Interest Rate trading, balance sheet strategies, and risk management techniques via exposure to one of the highest ranked Rates trading desks across the industry. The Global Rates business trades a wide range of products such as Bonds, Structured Notes, CLN, Repo, Interest Rate Swaps and FX forwards across Europe, Asia, and North America.
As a Global Rates External Reporter, Vice President in the Commercial & Investment Bank department, you will be responsible for overseeing the financial statements and management reporting, ensuring a sound control environment, and providing guidance on accounting for products for Global Rates. You will also work closely with the Front Office to optimize balance sheet and capital usage across the business while participating in key projects and initiatives with a focus on FTP and Liquidity.
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.
The role provides an excellent opportunity to learn and gain an in-depth understanding of Interest Rate trading, balance sheet strategies, and risk management techniques via exposure to one of the highest ranked Rates trading desks across the industry. The Global Rates business trades a wide range of products such as Bonds, Structured Notes, CLN, Repo, Interest Rate Swaps and FX forwards across Europe, Asia, and North America.
As a Global Rates External Reporter, Vice President in the Commercial & Investment Bank department, you will be responsible for overseeing the financial statements and management reporting, ensuring a sound control environment, and providing guidance on accounting for products for Global Rates. You will also work closely with the Front Office to optimize balance sheet and capital usage across the business while participating in key projects and initiatives with a focus on FTP and Liquidity.
Job Responsibilities
- Participate in, and oversee, various aspects of the production and review of monthly, quarterly, semi-annual, and annual reports filed with various regulatory agencies
- Consolidate, review, and analyze quarterly financial data for accuracy and completeness for Global Rates
- Manage and develop a team of three associates.
- Act as the main point of contact for Global Rates actuals and forecasting for liquidity and FTP / NII and manage relationships with a variety of stakeholders across Front Office, CIBT, Financial Control and P&A
- Develop and implement various control procedures and reviews to ensure the integrity of reported financial results
- Perform quarter-over-quarter variance consolidation and review
- Review policy and controls across regulatory reporting, corporate accounting, capital and liquidity for Global Rates
- Participate on firmwide teams to implement new accounting disclosures
- Act as the Front Office contact for balance sheet, capital and liquidity for North America
- Help identify gaps in current reporting process and participate in the implementation of new controls and strategic solutions
- Represent the team and lead efforts around strategic initiatives, ongoing Uniform Charts of Accounts efforts and ongoing improvements around our internal/external reporting processes
- Solid work experience in a Finance organization with exposure to accounting, financial statements, regulatory reporting and financial products
- Experience in Product Control, Financial Control
- Strong understanding of end-to-end reporting and control processes
- Excellent analytical, interpersonal and communication skills
- Ability to summarize complex information and deliver it at business executive level
- Self-motivated and willing to take initiative; ability to thrive in a changing work environment
- Knowledge of regulatory reporting
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 : $128,250 - $200,000