Fixed Income Product Control - Senior Associate

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Job Description

Join our dynamic team and make a meaningful impact by delivering high-quality support that resonate with clients.

As a Product Controller in our dynamic team, you will have the opportunity to make a meaningful impact by delivering high-quality support that resonates with our clients. You will be responsible for ensuring the accuracy of the P&L, balance sheet, and month-end close procedures. This role provides an exciting opportunity to enhance your financial product knowledge, particularly in fixed income products, and to develop your technical and analytical skills in a challenging and fast-paced environment.

Job Responsibilities

• Produce T+1 P&L reports for the Front Office and obtain daily P&L sign-off, including substantiation through comparison to trader predictions, current risk, and market moves
• Perform analytical reviews of the desk P&L and explain the business drivers of P&L movements
• Reconcile and report EOD Risk and obtain daily risk sign-off
• Reconcile and own inputs to the Value-at-Risk (VaR) calculations of the firm
• Ensure compliance with P&L and Risk minimum standards and support projects to enhance the control environment
• Provide ad hoc reports driven by Front Office, Market Risk, and Business Management
• Liaise with Financial Control during month-end to reconcile P&L Aggregator to the general ledger, review reserve adjustments, and other month-end adjustments
• Review key control metrics and monitor current control issues, ensuring they are effectively escalated and mitigated
• Proactively identify control risks and manage subsequent project plans to achieve resolution
• Ensure the integrity of the business financial results under US and local regulatory requirements

Required qualifications, capabilities and skills

• Good financial product knowledge
• Strong numerate background - ideally a numerate degree
• Strong technical skills (Advanced Excel)
• Control focused / mindset with an attention to detail
• Ability to work effectively to meet challenging deadlines and be able to work under pressure
• Analytical and quantitative aptitude. Ability to identify and solve problem
• Team player with ability in managing daily processes and interacting with the business
• Strong interpersonal and communication skills
• Proactive and willing to accept responsibility

About Us

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.

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.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.