Global Banking Product Controller - Vice President

Posted 2 Days Ago
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Fort Worth, TX
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Vice President of Product Control, you will ensure compliance with GAAP and IFRS9, support financial reporting processes, conduct variance analyses, and manage financial data integrity for regulatory reporting. You will collaborate with various teams to uphold financial standards and contribute to business transformations while mentoring junior team members.
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Job Description
Seize the opportunities to join the as a Global Banking Product Controller!
As a Vice President of Product Control within Global Banking (GB) Finance and Business Management, you will play a crucial role in driving the financial integrity and strategic direction of Commercial Banking (CB). This position requires a strong understanding of finance and accounting principles, with a particular focus on lending and payments products and financial reporting.
Job responsibilities:

  • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS9) by reviewing and aligning with firmwide accounting policies and implementing best practices.
  • Collaborate with Firmwide Financial Control and other corporate groups to support monthly and quarterly close processes, ensuring accurate and timely financial reporting.
  • Conduct comprehensive variance analyses on balance sheets and income statements, identifying and proposing adjustments to ensure accuracy.
  • Review and validate calculations and reports prepared by Wholesale Credit Risk for the Allowance for Loan Losses under the Current Expected Credit Loss (CECL) methodology and deliver detailed commentary to support management decision-making.
  • Provide accurate and timely financial data for regulatory and SEC reporting, ensuring data integrity and compliance with applicable standards.
  • Collaborate with front and back-office support functions to address control and reporting issues, emphasizing financial integrity and control compliance.
  • Review the calculation, analysis, and reporting of risk-weighted assets, ensuring regulatory compliance and providing insights to optimize RWA management.
  • Support adherence to P&L standards, offering guidance to ensure consistency and accuracy in financial reporting.
  • Offer accounting guidance for unusual transactions and new business initiatives.
  • Contribute to key business transformation activities from a financial perspective, ensuring alignment with accounting, reporting, and control requirements.


Required qualifications, capabilities, and skills:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Over 6 years of experience in an accounting or finance-related role, with a focus on financial reporting and control.
  • Proven expertise in month-end close accounting functions and financial statement review.
  • Strong understanding and experience in the calculation and reporting of risk-weighted assets (RWA).
  • Knowledge of P&L standards and experience in maintaining financial consistency across business units.
  • Proficient in financial accounting standards and banking regulations, including Call Report, IFRS9, Comprehensive Capital Analysis and Review (CCAR) and Basel III
  • Proven ability to analyze financial data, conduct variance analysis, and deliver actionable insights, with advanced skills in data analytics tools.
  • Proficiency in Microsoft Excel and Powerpoint, general ledger applications (SAP), Essbase, and Business Objects.
  • Meticulous attention to detail and accuracy in financial processes, aligning strategies with business objectives.
  • Skilled in managing multiple tasks and deadlines in a fast-paced environment while promoting team collaboration.
  • Excellent communication skills for developing strong partnerships with peers, clients and stakeholders, with proven ability to lead and mentor junior team members.


Preferred qualifications, capabilities, and skills:

  • CPA or equivalent certification.
  • Familiarity with Alteryx and Essbase is a plus.
  • Experience in Wholesale Lending and/or Commercial Real Estate accounting.


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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Top Skills

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Excel
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SAP

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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