Finance and Business Management
J.P. Morgan
Accounting & Finance
New York, USA
Overview
Finance & Business Management’s (F&BM) goals are to ensure sound control environments and provide financial advice to support the business strategy. Within F&BM, the Controllers organization is responsible for ensuring the overall integrity and validity of the financial statements and controls over the transaction cycle; performing critical reporting functions for the organization, both financial and regulatory, as well as ensuring execution and implementation of the overall financial architecture.
The Securitized Products Group (SPG) is part of Markets within Corporate & Investment Bank. The business actively engages in the following business activities:
Acquires or originates, warehouses, and subsequently securitizes consumer and other financial assets
Makes markets in existing securitized financial assets
Provides financing of consumer and other financial assets for clients
Underwrites securitizations for third parties
Structures and trades in derivative products linked to securitized products
Position Description & Responsibilities
We are looking for an Analyst to join a multi-regional staff responsible for the activities listed below. Specifically, this Product Control team covers a variety of SPG businesses including ABS Trading, Non-Agency RMBS Trading, Mortgage Finance (lending), and several whole loan mortgage businesses, as well as several derivatives desks.
Key responsibilities of the Product Control team are:
Production, preparation and reporting of the daily P&L and risk to various stakeholders, including senior CIB and senior Trading personnel.
Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed.
Review with FO to obtain sign-off of P&L and risk, and address any ad hoc requests and queries.
First point of contact for FO for all financial and performance information.
Coordinate month-end closing of books, ensuring accurate and reconciled balance sheet, income statement, and other financial statements.
Liaise with middle office areas, back office, VCG and technology development groups as appropriate.
Work with various stakeholders to support new business activities, including ensuring proper accounting, system flow, downstream reporting, etc.
Work with Market Risk Coverage to report, validate and reconcile key risk metrics in various reports including limits and daily reporting packs.
Manage projects and initiatives related to all of the above as well as larger cross-business programs as required.
Requirements & Qualifications
Certified Public Accountant or strong accounting background highly preferred,
Strong understanding of Securitized Products in their various forms (Loans, Securities, and Derivatives),
Strong analytical, problem-solving abilities and detail oriented
Good written and verbal communication skills
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Ability to multitask and prioritize effectively
Advantageous
Accounting / Control experience- a professional accounting qualification, e.g. CPA, ACA, CIMA
CFA charter holder
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.2 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its JP Morgan and Chase brands. www.jpmorganchase.com.