CIB F&BM - EMEA Prime Finance - Product Control - Associate

J.P. MORGAN; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial institution in London seeks an experienced Product Controller. You will support the Prime Finance business, focusing on Securities Financing, and be responsible for reporting daily and monthly P&L. The role requires strong analytical skills and communication abilities. Preferred candidates have a Bachelor's degree in a related area and knowledge of tools like Alteryx or Python.

Qualifications

• 3+ years within Product Control, Financial Control, Accounting, Audit 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.

Responsibilities

• Produces, verifies and reports the daily P&L with attribution analysis.
• Prepares and owns monthly P&L reconciliations.
• Works with Front Office, Middle Office, and Technology groups to resolve issues.

Skills

Analytical skills

Attention to detail

Communication skills

Relationship building

Education

Bachelor's degree in Accounting, Finance, Business or related area

Tools

Alteryx

Python

Job description

Are you ready to make an impact in the world of finance?

The product control function provides support to the trading desks and finance to ensure that the P&L, Risk, balance sheet and month end close procedures are done correctly and accurately. You will work in partnership with the trading desk, financial control, middle office and technology to maintain and enhance the control environment and provide a professional service to our key stakeholders. Your inquisitive nature will lead to a deep understanding of the business and to the implementation of process efficiencies.

As a Product Controller in the Europe, Middle East, and Africa (EMEA) region Equities Product Control team, you will be supporting the Prime Finance business with a focus on Securities Financing. Your primary function will be reporting the daily and monthly P&L to traders and senior management. The role requires extensive interaction with Front Office traders, Financial Control and Operations, as well as various Project teams and other functions throughout the bank.

Job Responsibilities:

• Produces, verifies and reports the daily P&L with attribution analysis and explains daily P&L, investigates any issues or exceptions
• Prepares and owns monthly P&L reconciliations, including break investigations and resolutions
• Works with Front Office, Middle Office, and Technology groups to understand and resolve issues and breaks
• Substantiate exceptions between Balance Sheet / GL and Front Office systems
• Produces weekly/monthly metrics and commentary for senior management
• Drives forward projects and process improvements relating to P&L reporting

Required Qualifications, Skills and Capabilities

• 3+ years within Product Control, Financial Control, Accounting, Audit 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

Preferred Qualifications, Skills and Capabilities

• Bachelor's degree in Accounting, Finance, Business or related area preferred
• Working knowledge of Alteryx or Python desirable
• Demonstrate ability to research and explain securities financing transactions

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.