J.P. Morgan

EMEA Credit Trading Product Controller

Recruiter
J.P. Morgan
Location
London, UK
Salary
Highly competitive compensation package
Posted
16 Apr 2024
Closes
07 May 2024
Ref
210489418
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job Description

The European Credit Markets Product Control team provides support for the European Credit Markets business. The business is a pre-eminent player in making markets for a spectrum of credit products across the Europe, Middle East, and Africa region, primarily Credit Default Swaps, bonds, loans and indices as well as support for the credit correlation business.

As a Credit Trading Product Controller within the European Credit Markets Product Control team, you will be responsible for the accuracy and integrity of Line of Business books and records. This includes Trader Profit & Loss/Risk reporting and control, daily revenue reporting of estimate and actual P&L, and month-end close process. You will work in partnership with Financial Control, Valuation Control, and Legal Entity Controllers, ensuring correct risk sensitivity is sent to Value at Risk (VaR) and providing commentary on ensuing back testing results. You will also prepare commentary for trading results, linking trading revenues to desk strategies and changes in market conditions.

Job responsibilities

  • being responsible for the accuracy and integrity of Line of Business books and records
  • reports and controls of Trader Profit &Loss/Risk
  • reports of daily revenue of estimate and actual P&L
  • processes month-end close
  • works in partnership with Financial Control, Valuation Control and Legal Entity Controllers
  • ensures correct risk sensitivity is sent to Value at Risk (VaR) and providing commentary on ensuing back testing results
  • prepares commentary for trading results, linking trading revenues to desk strategies and changes in market conditions.
  • ascertains a thorough understanding of the end-to-end technology platform and associated feeds/downstream systems.
  • ensures adherence to internal and external regulation including Antitrust compliance.
  • produces daily risk and P&L sign off stats and being responsible for summary of P&L explain MIS to management.

Required qualifications, skills and capabilities

  • minimum 2:1 BSc degree from a Russell Group university or equivalent
  • experience in the financial services industry
  • the candidate should be a driven, self-motivator
  • strong analytical skills
  • strong interpersonal/communication skills Professional attitude, team player with an approachable manner
  • attention to detail and ability to work effectively to tight deadlines
  • ability to challenge efficiency and drive forward on change and innovation of processes
  • excellent Excel knowledge

Preferred qualifications, skills and capabilities

  • accounting qualification

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

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.

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