What are the responsibilities and job description for the Credit Trading Product Control - Risk Associate position at JPMorganChase?
Job Description
Join this fast-paced team as a Vice President with a focus on Credit Trading Product Control.
As a Credit Trading Product Controller within our dynamic team, you will provide crucial support to the financial controllers and trading desks, ensuring the accuracy of P&L, balance sheet, and month-end close procedures. You will play a key role in risk reporting and assessment, promoting coordination across various teams to resolve control and reporting issues. This role offers the opportunity to work with big data on a daily basis and to contribute significantly to our risk review framework.
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
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.
Join this fast-paced team as a Vice President with a focus on Credit Trading Product Control.
As a Credit Trading Product Controller within our dynamic team, you will provide crucial support to the financial controllers and trading desks, ensuring the accuracy of P&L, balance sheet, and month-end close procedures. You will play a key role in risk reporting and assessment, promoting coordination across various teams to resolve control and reporting issues. This role offers the opportunity to work with big data on a daily basis and to contribute significantly to our risk review framework.
Job Responsibilities
- Assist with daily Risk reporting
- Monitor and assess risk exposure for the trading business with reports to senior management and other firm wide risk stakeholders
- Review Value at Risk (VaR) for the trading portfolio with a focus on credit spread analysis
- Partner with various risk teams to drive forth and implement change and correction across the risk review framework
- Drive coordination across various to ensure resolution of control and reporting issues in an accurate and timely manner
- Serve as an analytical and project support resource relevant to the risk team within Product Control.
- Handle various ad-hoc requests on a daily basis
- Bachelor’s degree in Accounting, Finance, or related area
- 4 years of relevant work experience
- Strong analytical skills and attention to detail including a strong control focus
- Excellent communication skills and ability to develop strong working relationships.
- Experience and exposure to working with big data on a daily basis with time sensitive reporting.
- Solid understanding of financial products
- Ability to work independent on tasks and provide critical updates on a timely manner
- Experience within Product Control, Risk, or relevant Credit Trading roles
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
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.
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