CIB - EMEA Rates Product Control - Senior Associate

Job Description

Markets Product Controller team are searching for candidates to join their team supporting the EMEA Rates & Rates Exotics business.

The role entails independent, accurate and timely analysis of daily P&L and Risk for the trading desk. It’s expected the candidate will have extensive interaction with Front Office trading desk, Market Risk, and wider support functions team therefore strong communication skills, self-motivated & independence are essential to work directly without material supervision. Additionally, it provides the successful candidate with an excellent opportunity to learn and gain an in-depth understanding of the Interest Rate derivatives while getting exposure to the highest ranked Rates desk in Europe.

For EMEA Rates, the desk trades a wide range of interest rate products such as Bonds, Repo, Interest Rate Swaps, IR Futures, Options on Futures, Bond Futures, to name a few across various curves and tenors within multiple European markets. Candidate is expected to think on their feet and deal independently with the wider regional teams.

The product control function provides support to the financial controllers and trading desks to ensure that the P&L, balance sheet, and month end close procedures are done correctly and accurately.

Duties and Responsibilities:

• Assist with daily P&L reporting and month-end close processes
• Strong understanding of trade valuations and risk factors (Greeks)
• Provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management
• Responsible for adding continuous improvements to the process and infrastructure.
• Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner
• Acts as SME to senior stakeholders and / or other team members
• Serve as an analytical and project support resource for product control
• Ability to become a people manager, team builder and collaborator
• Contribute to career planning/development for junior team members and individual performance appraisals
• Handle various ad-hoc requests on a daily basis

Qualifications

• Prior experience in Product Control, Financial Control, Accounting, or related area preferred
• Solid understanding of financial products would be advantageous
• Strong leadership skills, accuracy and attention to detail
• Strong control mind-set and being proactive in implementing initiatives and changes
• Ability to work well under pressure both with team members and colleagues across the wider organization
• Strong analytical skills and attention to detail including a strong control focus
• Outstanding problem solving / issue resolution skills
• Excellent communication skills and ability to develop strong working relationships
• Natural curiosity to understand tasks/processes and challenge the status quo

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.