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Americas Clearing Product Controller Sr. Associate
JPMorgan Chase Brooklyn, NY
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$287k-392k (estimate)
Full Time 4 Days Ago
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JPMorgan Chase is Hiring an Americas Clearing Product Controller Sr. Associate Near Brooklyn, NY

OverviewThe Global Clearing business rolls up to the Global Equities line of business within the Corporate & Investment Bank and helps clients clear and settle derivative transactions globally across a full suite of products including listed futures, options, FX, rates and credit derivatives. The business is comprised of Futures & Options (F&O), Over the Counter Clearing (OTC Clearing), FX PB and Treasury Liquidity Management. It is at the forefront of significant regulatory reform, including but not limited to: Mandatory clearing of OTC Derivatives, Basel III Agency Clearing rules as well as Basel III Leverage Ratio implementation.The F&O business is one of the most dynamic market leaders in the futures and options brokerage business. The business has provided Sales, Execution and Clearing services across fixed income, equity, foreign exchange and commodity asset classes since 1979. Today, the business clears at over 70 exchanges with electronic trading access to over 50 of them.Recent legislation in the U.S. and Europe (Dodd/Frank and EMIR respectively) has required institutions trading OTC derivatives to clear those derivatives through a central clearinghouse, which the OTC Clearing business helps clients facilitate. J.P. Morgan and, more specifically the OTC Clearing business, have actively engaged with clearinghouses and regulators and will continue playing a leadership role in shaping the evolution of the OTC marketplace.Global Clearing is at the center of regulatory reform as well as the cross section of the Corporate and Investment Bank. At a time of significant industry change, this role represents an opportunity to gain expertise in an area of focus within the bank and markets. This role will focus on PnL and risk reporting for the North America Clearing desk within the Global F&O and OTC Clearing business.Job Responsibilities: Own daily P&L and month-end close processes for Americas Clearing desk. Provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management Partner with the business to drive forth and implement robust controls and new business initiatives Drive coordination across various back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner Serve as an analytical and project support resource for product control Handle various ad-hoc requests on a daily basis Compile and distribute MIS to the business such as monthly financials and other ad-hoc requests Ensure product control is adhering to the CIB product controller standards and actively work to remediate any gapsRequired qualifications, capabilities and skills: Minimum 3 years of relevant work experience; strong Accounting or Finance background Ability to implement and maintain effective controls and to improve on current processes and drive operational change Strong quantitative/analytical skills and attention to detail Strong Communication and Presentation skills - written and verbal Ability to multi-task and execute on a variety of deliverables in a high paced environment Self-motivated and results driven with excellent time management/prioritization skills. Proficient in Microsoft Excel, Outlook and PowerPoint Intermediate skills in AlteryxPreferred qualifications, capabilities and skills: Tableau Derivatives experience

Job Summary

JOB TYPE

Full Time

SALARY

$287k-392k (estimate)

POST DATE

06/25/2024

EXPIRATION DATE

07/10/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

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About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran. More
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