Custody Product Controller - Vice President

J.P. Morgan; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Custody Product Control Vice President to join their Corporate Investment Bank Finance team. The role focuses on managing Product Control processes, ensuring accurate P&L reporting, and facilitating effective business management through detailed financial analysis and robust controls.

Qualifications

• Solid experience within Product Control, Financial Control, Accounting, or related area.
• Excellent communication skills and ability to develop strong working relationships.

Responsibilities

• Produce, prepare and report daily P&L and Risk.
• Provide detailed analysis and reporting on financials to desk heads and business managers.
• Manage projects and initiatives related to product control and larger cross-business programs.

Skills

Analytical skills

Attention to detail

Communication skills

Technical skills in Excel and PowerPoint

Education

Bachelor’s degree in Accounting, Finance, Business

Job description

The product control function provides support to the financial controllers and trading desks to ensure that the Profit & Loss, balance sheet, and month end close procedures are completed in a timely and accurate manner. Securities Services Product Controllers are part of the Corporate Investment Bank Finance team and are responsible for providing Product Controller support for the Custody, Fund Services, Alternative Investments Services, Depository Receipts and Agent Lending products. The Custody Product is the most significant product within Securities Services’ annualized revenue of $4.1bn and AUC of c. $27TR.

As a Custody Product Control Vice President within the Corporate Investment Bank Finance team, you will have an opportunity to work closely with Product & Business Managers, to drive a clear understanding of the business trends, especially around AUC and fees, and provide insightful analysis to facilitate effective management of the business in the region and globally. You will contribute to Product initiatives as they arise, understand the impact on Finance / the control environment and contribute towards provision of the appropriate financial analysis to support as well as ensuring adherence to product controller standards in the region.

Job responsibilities

• Produce, preparation and reporting of the daily P&L and Risk
• 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 front & 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
• Manage projects and initiatives related to all of the above, as well as larger cross-business programs

Required qualifications, skills and capabilities

• Solid experience within Product Control, Financial Control, Accounting, or related area
• Bachelor’s degree in Accounting, Finance, Business 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.
• Strong technical skills in using Excel and PowerPoint

Preferred qualifications, skills and capabilities

• Previous P&L or risk experience is preferable
• Solid understanding of financial products would be advantageous