Treasury and Chief Investment Office (CIO) Product Control (P&L and Risk) - Associate

JPMorgan Chase

3.3

(114)

Newark, DE

Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #210585017

    Position summary

    execute transactions and manage resulting positions. You will participate in the effort to ensure the business's dynamic environment is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as drive projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology.

    A qualified candidate will possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, a thorough understanding of financial instruments and relevant accounting principles, an aptitude for root/cause analysis, and an overriding eagerness to exhibit leadership and drive.

    Key Responsibilities:

    • Production and substantiation of P&L and Risk to CIO/Treasury FO/Management

    • Provide supervisory oversight of daily P&L/Risk process performed by junior team members

    • Review daily system to system reconciliations and feeds relating to CIO & Treasury

    • Monitor Market Risk related controls- includes updating/monitoring of risk limits, report clean P&L for VaR back testing

    • Contribute to New Business initiatives including active participation to on-board a new product & designing MO work flow, provide analysis/advice around booking strategies & operational procedures

    • Provide support for any ad hoc requests and queries from various stakeholders

    • Review current processes, identify opportunities for improving efficiency & controls and delivering tactical/strategic solutions

    • Work in close partnership with Market Risk, Business Management, Trade support, Financial controllers, VCG, Technology to ensure adequate controls on overall P&L & Risk numbers

    • Actively participate in Strategic Re-engineering and global projects involving front/back end systems and closely partner across 3 regions. Deliver substantive and meaningful contribution to group's work product.

    • Understand & contribute to various control frameworks, i.e. Control Self Assessment (CSA), Sarbanes Oxley (SOX) & Business Control Committees (BCC's)

    Qualifications/Key Skill-Sets

    • Degree Holder major in Finance, Accounting or other management discipline

    • 3-5 years in Middle Office, Market Risk, Valuation, Finance or Product Control

    • Works independently and takes decisions, escalates when appropriate

    • Good communication skills, robust and credible partner

    • Detail oriented, ability to deep dive on processes and improve controls/efficiencies

    • Good product knowledge with hands on experience in Fixed income & Treasury products

    • Good understanding of transaction cycle, infrastructure & associated operational and financial processes and controls

    • Strong relationship-building and networking skills

    • Ability to deal with high level of adhoc requests and deliver under pressure

    • Excel proficiency

    ABOUT J.P. MORGAN CHASE & CO.

    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at https://www.jpmorganchase.com.

    The role will provide a good insight in operational and control related processes around Treasury and Chief Investment Office operations. The acquired experience will allow to progress further in other connected fields (e.g. portfolio management, risk management, financial control and analysis)

    ABOUT US

    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

    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.

    Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

    Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.