Product Control- Senior Associate

Posted 8 Days Ago
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London, Greater London, England
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Senior Associate in Product Control, you will support the Treasury and Chief Investment Office functions by preparing financial and regulatory reports, analyzing FX exposures, implementing hedging programs, and improving hedging activity processes. You will collaborate with finance and technology teams and prepare various analyses for senior management.
Summary Generated by Built In

Job Description
You are passionate about calculating FX revenue and expenses? Join us to executes market transactions using a diversified slate, including fixed income, and FX products. Products utilized include fixed income securities, interest rate swaps, FX swaps, Forwards and cross currency swaps.
As a Product Control- Senior Associate within Treasury Chief Investment Office, you will play a crucial role in supporting our Treasury and Chief Investment Office (T/CIO) functions. Treasury and Chief Investment Office (T/CIO) is responsible for firm wide asset and liability management. Treasury manages the firm's capital, balance sheet, liquidity and funding positions while CIO manages the firm's structural interest rate and foreign exchange risks through various investment and hedging strategies and conservatively invests the firm's excess liquidity. The opportunity is to join EMEA T/CIO Controllers team.
You will join CIO's EMEA Controllers team whose principal responsibility is oversight, financial reporting, and analysis of CIO's hedging activity. The team's primary focus is ensuring the proper implementation of Derivative Accounting and reporting policies as well as the preparation of related reports and analysis.
You will get not only the exposure to a range of products including interest rate swaps, cross currency swaps, FX derivatives and various fixed income products but to senior management and LOB finance personnel exposure as well.
Job responsibilities:

  • Prepare monthly and quarterly financials and regulatory reporting.
  • Analyse the firmwide FX exposures (forecasted Revenues and Expenses) and the firms non-USD Investments in subsidiaries. Prepare instructions for the Portfolio Managers to execute trades to hedge these risks.
  • Partner with Technology to implement reporting requirements and resolve issues; Implement new hedging programs and build reporting frameworks for the same
  • Compile various analyses to explain components and drivers of hedge P&L. Build sound analytics and MIS for senior management consumption
  • Oversee of various procedures and controls surrounding hedging activities and recommend areas for improvement and streamline processes where appropriate
  • Participate in ad-hoc projects and other analytical requests
  • Foster a collaborative working relationship with finance resources of the T/CIO in North America and Asia


Required qualifications capabilities, and skills

  • Good understanding of Interest Rate Swaps, FX Swaps, Forwards, Cross Currency Swaps, Fixed Income Instruments and Long-Term Debt
  • Prior experience in Product Control or in Big 4 companies
  • Strong organization and analytical skills
  • Capable of prioritizing multiple tasks and deliverables and meeting recurring deadlines
  • High motivation and ability to quickly climb a steep learning curve
  • Proficiency in Excel and the ability to quickly learn various reporting and risk systems
  • Strong communication skills and the ability to interface effectively with Front Office, Risk, Operations and Technology teams
  • Ability to manage individual projects and meet deadlines with minimal supervision
  • Solid understanding of financial accounting and finance


Preferred qualifications,, capabilities, and skills

  • Educated to degree level. Ideally having studied finance/accounting/mathematics or other numerate discipline
  • Accounting or financial qualification will be an added advantage (CIMA/ACCA/ACA/or equivalent)


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
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.
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.

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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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