J.P. Morgan

Macro Index Product Controller

2 days left

J.P. Morgan
London, UK
Highly competitive compensation package
24 May 2024
24 Jun 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant
Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in the Macro Index group to enhance your skills and make a significant impact in our organization.

As a Macro Index Product Controller in the product control team you will be responsible for independent, accurate and timely analysis of daily profit and loss (P&L) and Risk for the Rates Index Trading Desk. You will have extensive interaction with the Front Office trading desk, Financial Control, Market Risk and wider support functions team and will be required to have strong communication skills, be self-motivated and able to work independently without material supervision. The Rates Index business trades a wide range of Index products dealing with commodities, rates, equities, FX and credit products. 

Job Responsibilities:

  • Review and report of P&L and Risk on the daily basis
  • Validate and understand daily P&L explains, entailing review of Volcker attributions, first order explains and residual amounts.
  • Identify, design and implement new controls and processes around the P&L/Risk production to drive efficiencies and to keep up to date with Global Product Control standards
  • Provide daily/weekly/monthly P&L commentaries to senior management, explaining P&L in terms of desk's risk position and economic factors
  • Liaise with Financial Control to investigate and remedy MTD P&L breaks against the ledger and review of FX balances
  • Partner with the business to drive forth and implement robust controls and new business initiatives
  • Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner

Required qualifications, capabilities, and skills:

  • Work experience within Product Control, Financial Control, Accounting, or related area
  • Experience doing P&L and month end close process
  • Bachelor’s degree in Accounting, Finance, Business or related area
  • Strong analytical skills and attention to detail including a strong control focus
  • Excellent communication skills and ability to develop strong working relationships.
  • Team player, with ability to work effectively across diverse functions, locations and businesses

Preferred qualifications, capabilities and skills:

  • Solid understanding of financial products would be advantageous

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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