What are the responsibilities and job description for the Americas Prime Financial Services Product Controller (Executive Director) position at JPMorganChase?
Job Description
Join our dynamic team as an Executive Director to lead the Americas Prime Financial Services (PFS) Product Control team based in New York. This high-impact role offers the opportunity to oversee a team of 25 professionals and collaborate with senior stakeholders across the finance organization. If you have extensive product control knowledge and are looking to advance your career, this is the perfect opportunity for you.
Job Summary
As an Executive Director within the Americas Prime Financial Services Product Control team, you will manage and develop a team of 25 professionals responsible for the production and reporting of daily P&L and risk. You will ensure the integrity of the balance sheet and accounting for the business, provide detailed financial analysis, and partner with stakeholders to implement robust controls and strategic initiatives. This role requires a senior experienced controller with a proven track record of leading and developing teams. PFS is one of the core businesses within Equities providing clients with margin financing, short securities coverage, synthetic exposures via derivatives and clearing services, whilst also managing the firm’s inventory, collateral and financing requirements. PFS has seen significant growth and continues to expand requiring a strategic change agenda for Finance.
Job Responsibilities
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
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.
Join our dynamic team as an Executive Director to lead the Americas Prime Financial Services (PFS) Product Control team based in New York. This high-impact role offers the opportunity to oversee a team of 25 professionals and collaborate with senior stakeholders across the finance organization. If you have extensive product control knowledge and are looking to advance your career, this is the perfect opportunity for you.
Job Summary
As an Executive Director within the Americas Prime Financial Services Product Control team, you will manage and develop a team of 25 professionals responsible for the production and reporting of daily P&L and risk. You will ensure the integrity of the balance sheet and accounting for the business, provide detailed financial analysis, and partner with stakeholders to implement robust controls and strategic initiatives. This role requires a senior experienced controller with a proven track record of leading and developing teams. PFS is one of the core businesses within Equities providing clients with margin financing, short securities coverage, synthetic exposures via derivatives and clearing services, whilst also managing the firm’s inventory, collateral and financing requirements. PFS has seen significant growth and continues to expand requiring a strategic change agenda for Finance.
Job Responsibilities
- Manage and develop the Americas PFS Product Control team of 25 people, ensuring efficient and controlled production and reporting of daily P&L and risk.
- Ensure the integrity of the balance sheet and accounting for the business.
- Provide detailed analysis and commentary on financials to desk heads, business managers, and senior finance management.
- Partner with the business and stakeholders to implement robust controls and strategic initiatives.
- Identify and implement continuous improvements to adapt processes to changing systems and control requirements.
- Create an inclusive and equitable working environment that builds a culture of trust and provides opportunities for team members to learn, grow, and achieve goals.
- 12 years of product control experience or equivalent.
- Extensive experience within product control related to equity products and derivatives.
- Proven experience in leading and managing large teams.
- Demonstrable ability to drive strategic initiatives.
- Solid understanding of equity derivatives and associated exotic products, including accompanying risks.
- Excellent analytical skills and attention to detail, with a strong control focus.
- Excellent communication skills and ability to develop strong working relationships.
- Educated to at least a Bachelor’s degree (or equivalent) level.
- Experience in managing strategic change initiatives within a finance organization.
- Strong project management skills.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
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.
