JP Morgan Chase & Co.

Global Securitized Products - Product Controller

JP Morgan Chase & Co.$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Certified Public Accountant (CPA) or strong accounting background preferred
  • Strong understanding of Securitized Products including Loans, Securities, and Derivatives
  • Strong analytical and problem-solving skills with attention to detail
  • Good written and verbal communication skills
  • Ability to multitask and prioritize effectively

Responsibilities

  • Produce, prepare, and report daily P&L and risk to stakeholders
  • Explain daily P&L into risk components and investigate issues
  • Review P&L with Front Office for sign-off and address queries
  • Serve as first point of contact for financial and performance information
  • Coordinate month-end book closing ensuring accurate financial statements
  • Liaise with various office areas and technology groups
  • Support new business activities with proper accounting and reporting
  • Validate and reconcile key risk metrics in reports with Market Risk Coverage

Benefits

  • Dynamic work environment with exposure to multi-regional teams
  • Opportunity to work on various securitized products and trading desks
  • Involvement in cross-business programs
  • Potential for professional development and advancement in finance
  • Collaborative culture fostering communication and support among teams
Full Job Description
JOB DESCRIPTION

Position Description & Responsibilities

 

We are looking for an Analyst to join a multi-regional staff responsible for the activities listed below.  Specifically, this Product Control team covers a variety of SPG businesses including ABS Trading, Non-Agency RMBS Trading, Mortgage Finance (lending), and several whole loan mortgage businesses, as well as several derivatives desks.

 

Key responsibilities of the Product Control team are:

  • Production, preparation and reporting of the daily P&L and risk to various stakeholders, including senior CIB and senior Trading personnel. 

  • Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed.

  • Review with FO to obtain sign-off of P&L and risk, and address any ad hoc requests and queries.  

  • First point of contact for FO for all financial and performance information.

  • Coordinate month-end closing of books, ensuring accurate and reconciled balance sheet, income statement, and other financial statements.

  • Liaise with middle office areas, back office, VCG and technology development groups as appropriate.

  • Work with various stakeholders to support new business activities, including ensuring proper accounting, system flow, downstream reporting, etc.

  • Work with Market Risk Coverage to report, validate and reconcile key risk metrics in various reports including limits and daily reporting packs.

  • Manage projects and initiatives related to all of the above as well as larger cross-business programs as required.

Requirements & Qualifications

 

  • Certified Public Accountant or strong accounting background highly preferred,

  • Strong understanding of Securitized Products in their various forms (Loans, Securities, and Derivatives),

  • Strong analytical, problem-solving abilities and detail oriented

  • Good written and verbal communication skills

  • Ability to multitask and prioritize effectively  

     

Advantageous

 

  • Accounting / Control experience- a professional accounting qualification, e.g. CPA, ACA, CIMA 

  • CFA charter holder

 

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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