Product Control- Senior Associate

JPMorgan Chase & Co., City of Westminster

Product Control- Senior Associate

Salary Not Specified

JPMorgan Chase & Co., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 8 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: d98cd0c907524bd38e73f0fee1ee4835

Full Job Description

You are passionate about calculating FX revenue and expenses? Join us to executes market transactions using a diversified slate, including fixed income, and FX products. Products utilized include fixed income securities, interest rate swaps, FX swaps, Forwards and cross currency swaps. As a Product Control- Senior Associate within Treasury Chief Investment Office, you will play a crucial role in supporting our Treasury and Chief Investment Office (T/CIO) functions. Treasury and Chief Investment Office (T/CIO) is responsible for firm wide asset and liability management. Treasury manages the firm's capital, balance sheet, liquidity and funding positions while CIO manages the firm's structural interest rate and foreign exchange risks through various investment and hedging strategies and conservatively invests the firm's excess liquidity. The opportunity is to join EMEA T/CIO Controllers team. You will join CIO's EMEA Controllers team whose principal responsibility is oversight, financial reporting, and analysis of CIO's hedging activity. The team's primary focus is ensuring the proper implementation of Derivative Accounting and reporting policies as well as the preparation of related reports and analysis. You will get not only the exposure to a range of products including interest rate swaps, cross currency swaps, FX derivatives and various fixed income products but to senior management and LOB finance personnel exposure as well.,

  • Prepare monthly and quarterly financials and regulatory reporting.
  • Analyse the firmwide FX exposures (forecasted Revenues and Expenses) and the firms non-USD Investments in subsidiaries. Prepare instructions for the Portfolio Managers to execute trades to hedge these risks.
  • Partner with Technology to implement reporting requirements and resolve issues; Implement new hedging programs and build reporting frameworks for the same
  • Compile various analyses to explain components and drivers of hedge P&L. Build sound analytics and MIS for senior management consumption
  • Oversight of various procedures and controls surrounding hedging activities and recommend areas for improvement and streamline processes where appropriate
  • Participate in ad-hoc projects and other analytical requests
  • Foster a collaborative working relationship with finance resources of the T/CIO in North America and Asia, Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

    Good understanding of Interest Rate Swaps, FX Swaps, Forwards, Cross Currency Swaps, Fixed Income Instruments and Long-Term Debt
  • Prior experience in Product Control or in Big 4 companies
  • Strong organization and analytical skills
  • Capable of prioritizing multiple tasks and deliverables and meeting recurring deadlines
  • High motivation and ability to quickly climb a steep learning curve
  • Proficiency in Excel and the ability to quickly learn various reporting and risk systems
  • Strong communication skills and the ability to interface effectively with Front Office, Risk, Operations and Technology teams
  • Ability to manage individual projects and meet deadlines with minimal supervision
  • Solid understanding of financial accounting and finance
  • Preferred qualifications,, capabilities, and skills
  • Educated to degree level. Ideally having studied finance/accounting/mathematics or other numerate discipline
  • Accounting or financial qualification will be an added advantage (CIMA/ACCA/ACA/or equivalent)

    J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.