CIB F&BM - EMEA Futures and Derivatives Clearing Controllers - Vice President

Job Description

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.

The Futures and Derivatives business consists of 3 sub-lines of businesses: F&O Clearing, OTC Clearing, and FX PB. The F&O business is an industry leader and a top clearing firm, providing access to ~80 exchanges globally. The OTC clearing product continues to expand its footprint across EMEA and Asia in addition to the US where mandatory clearing of OTC swaps was implemented during the Dodd Frank legislation post the credit crisis. The FX PB business continues to provide derivative prime brokerage services to large hedge fund clients. The business has undergone a significant amount of change in recent years due to the evolving regulatory landscape, as well as a significant investment to re-engineer the cleared derivatives infrastructure.

This role sits within the Global Product Control team with a specific focus on supporting PnL and risk for the EMEA FDC business based in London. The role is responsible for ensuring the overall integrity and validity of the financial statements and controls over the transaction life cycle.

Roles and Responsibilities:

• Manage and lead a team of 7 finance professionals across London and Poland
• Comply with internal P&L and Risk Standards for the EMEA FDC desk along with submitting metrics on the standards for items such as daily and monthly PnL sign-offs, estimate vs. actual differences, etc.
• Help prepare, present and provide detailed analysis on monthly financials to Front office desk heads, business managers, and senior finance management across F&O Clearing, F&O Execution, and OTC Clearing
• Implement sustainable and robust controls ensuring the integrity of the financials
• Work closely with Operations, Technology, Business Management, Compliance, Legal, Tax and Others to ensure resolution of control and reporting issues
• Understand Legal Entity financials including expenses
• Ensure the timeliness and accuracy of reporting daily, weekly, monthly, and yearly financials
• Serve as an analytical and project support resource for product control and business management
• Think strategically to drive process enhancements for efficiency saves and stronger controls
• Assist in the submission of quarterly regulatory disclosures
• Own ad hoc projects and requests from management and other partners

Skills Required:

• Managerial and leadership experience with an emphasis on promoting an inclusive environment encouraging collaboration, information sharing, discussion, and partnership within the team and others outside of the team
• Ability to source and analyze large data sets, present findings in a compelling manner to senior management, and implement sustainable solutions.
• Strong problem solving, quantitative, and analytical skills with an exceptional level of attention to detail
• Extensive excel experience is desirable
• Independent, self-motivated and results driven
• Excellent communication and presentation skills – written and verbal
• Ability to multi-task and execute on a variety of deliverables in a fast-paced and time sensitive environment

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

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.

For further information, and to apply, please visit our website via the “Apply” button below.