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 ~$20 trillion of assets under custody and ~$400 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Custody and Fund Services (CFS) provides institutional investors with a complete approach to custody, leveraging advanced technology to optimize efficiency, enhance revenues and mitigate risks associated with global investing. With Direct Custody capabilities in each region and a network of subcustodians, J.P. Morgan can provide services across more than 90 markets, including trade and corporate action instruction processing, settlement and portfolio reporting, as well as access to the bank’s full range of asset servicing solutions. J.P. Morgan also offers clients top-tier fund administration, as well as a fully integrated custody and prime brokerage solution.
Department: Product Control
Product controllers are an independent control function responsible for the accuracy and integrity of Line of Business (LOB) books and records. The key control functions and responsibilities of a controller in Custody and Fund Services includes monthly P&L substantiation, assisting with the month-end close process in partnership with Financial Control and Legal Entity Controllers as well as ensuring the integrity of the US GAAP General Ledger, LOB submissions and representations in external Regulatory filings including 10Q/10K, and Risk Weighted Asset (RWA) policy application and calculation. Additionally, the product control function works with the business to help optimize RWA and Capital, Balance sheet usage, CIB Treasury funding and the impact of Regulatory reform.
Product controllers in the CIB are aligned to LOB’s and report to their respective LOB Global Controller. The team works with Product, Sales & Marketing, Business Managers, Financial Control, Business Control Officers, Legal Entity Control, Market Risk, Operations and Technology to maintain a strong control environment.
The successful candidate will manage all aspects of the Global Liquidity Product Control team within CFS The team is responsible for providing business advisory and accounting support, control oversight and integrity of the product revenue and end-to-end control. The team plays an instrumental role in creating the budget, forward-looking forecasts and analysis of the financial results to the business as well as senior CIB stakeholders. The candidate will serve as a key partner to the business head, regulators and senior finance management regarding the economic, accounting and reporting impacts of the changing environment. The role will require the candidate to take the lead in developing new reporting tools and frameworks.
Sample of key responsibilities:
Qualifications and Experience Required:
Degree qualified - ideally a numerate degree
Proven people manager
Enthusiastic and able to motivate teams and drive change
Good financial product knowledge
Ability to work effectively, meet challenging deadlines and to work under pressure
Analytical and quantitative aptitude - ability to identify and solve problems independently
Team player with ability in managing processes and interacting with the business
Strong interpersonal skills and good communication skills
Strong technical skills (Advanced Excel)
Proactive and willing to accept responsibility
About J.P. Morgan Chase & Co:
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.
J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package.
J.P. Morgan is an Equal Opportunity Employer