CIB F&BM - EMEA Securitized Products Group Controller - Associate
May 15, 2018
London, United Kingdom
CIB - Product Controller - EMEA Securitized Products Group ( SPG ) - Associate - London
The Securitised Products business is part of the Corporate & Investment Bank within JP Morgan. The business actively engages in the following business activities:
Acquires or originates, warehouses, and subsequently securitizes consumer and financial assets
Makes markets in existing securitized financial assets
Provides financing of consumer financial products
Underwrites securitizations for third party customers
Structures and trades in derivative products linked to securitized products
The product control function within IB Finance and Business Management is responsible for:
The region/product cut of the books and records and control environment
Primary face to the business
Production and consolidation of actual and estimate P&L
Analysis of estimate to actual breaks
Review and provision of commentary
Control oversight and integrity of the financial statements and transaction end-to-end control
Ensuring accuracy in reporting of risk positions
The Associate role will be supporting some desks within EMEA SPG. Responsibilities include:
Daily preparation, analysis, and verification of the daily trading estimate and reported P&L for Front Office sign-off. Requires daily interaction with Front Office traders, trading assistants and Middle Office trade support.
Provide financial oversight over month-end close working closely with the Financial Control hub in Delaware.
Conduct investigations of breaks between P&L reporting system and the general ledger, cash wash breaks, and nostros.
Understand accounting treatment and ensure compliance with appropriate corporate and regulatory requirements
Prepare required data submissions used for Corporate and Regulatory reporting (e.g. FVM (SFAS 157), FVO (SFAS 159), Specific Risk used in risk-weighted assets and Long Term Debt).
Understand balance sheet usage and reporting
Ensure appropriate legal entity reporting of products.
Ensure a sound control environment.
BS in Accounting, Finance or related discipline required.
Part Qualified/ Qualified CIMA/ ACA/ ACCA (or equivalent) or strong accounting background
At least three years of related financial analytical experience
Ability to multitask and prioritize effectively
Experienced in analysis of monthly financial performance
Proficiency in computer navigation and Microsoft environment. Hyperion Essbase and SAP experience preferred
Strong communication & organizational skills, including good judgment and decision making abilities
Solid understanding of financial products such as loans and derivatives would be advantageous
Strong analytical, problem-solving abilities and detail oriented
About J.P. Morgan's Corporate & Investment Bank:
J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.