Legal Entity Booking Model Governance - Vice President

J.P. Morgan; City Of London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading global financial institution in London is seeking a Vice President to oversee Product Control Governance. This role involves close collaboration with senior management, leading projects within the Finance team, and ensuring accurate reporting and control enhancements. Ideal candidates will have significant finance experience, strong analytical skills, and proficiency in Microsoft Office. The position offers an opportunity to engage with high-level stakeholders and drive strategic initiatives in a fast-paced environment.

Qualifications

• Significant experience in a Finance organization, with exposure to Product Control.
• Strong knowledge of balance sheet, P&L, risk, and accounting concepts.
• Creative self-starter with strong initiative and ownership.

Responsibilities

• Collaborate with LOB Product Control to review and document the CIB Legal Entity Booking Model.
• Lead initiatives to enhance controls and drive efficiency through automation.
• Maintain and periodically refresh documentation for legal entity booking model standards.

Skills

Experience in Finance organization

Knowledge of balance sheet, P&L, risk, accounting

Excellent communication skills

Strong analytical skills

Self-starter with initiative

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Alteryx

Job description

The CIB Finance Controls and Governance team is a global function within CIB Finance & Business Management, responsible for the implementation and governance of cross-Line of Business (LOB) P&L, risk, regulatory, and control projects. We are seeking a Vice President to support the cross-LOB Product Control Governance team, based in London.

This role requires close collaboration with senior Product Controllers in the CIB, as well as partnership with senior leads across Business control Management, Recovery and Resolution, PMO. The scope of the role is CIB-wide, offering the opportunity to gain a deep understanding of the Firm’s products, booking model methodologies, and controls, with significant interaction with senior management at the Managing Director level. The successful candidate will be expected to lead and drive related projects from initial design through to final implementation.

Job responsibilities

• Collaborate with LOB Product Control to review and document the CIB Legal Entity Booking Model (LEBM) and related controls on a quarterly basis.
• Clearly communicate booking model and financial information to LOBs and senior management, proactively flagging and escalating potential issues.
• Serve as a subject matter expert, challenging LOB Product Control to ensure accurate and timely reporting of quarterly LEBM results. Contribute to senior management and board meeting materials and presentations.
• Lead initiatives to enhance controls, drive efficiency through automation, and synergize the book of work.
• Actively participate in infrastructure and regulatory projects related to CIB Finance Governance.
• Support the onboarding of CIB-wide strategic legal entity booking model tools.
• Lead responses to ad-hoc requests from senior management, regulators, and other functions.
• Establish and manage relationships with LOBs, other functions, and external regulatory agencies through ongoing partnership and dialogue.
• Maintain and periodically refresh documentation for legal entity booking model standards, frameworks, and policies owned by the function.
• Serve as the primary point of contact for other policies and standards, representing the function and providing input during scheduled updates and reviews.
• Actively contribute to the preparation and submission of documentation and materials for the firm’s recovery and resolution module.

Required qualifications, capabilities and skills

• Significant experience in a Finance organization, with exposure to Product Control, Business Management, and External or Regulatory Reporting.
• Bachelor’s degree in Accounting or Finance preferred.
• Strong knowledge of balance sheet, P&L, risk, and accounting concepts.
• Familiarity with financial products, including derivatives.
• Excellent verbal and written communication skills, with experience preparing and presenting materials to executive audiences.
• Strong analytical skills, with the ability to articulate and summarize findings to a broad audience.
• Creative self-starter with strong initiative, ownership, and the ability to work independently as well as collaboratively within a team.

Preferred qualifications, capabilities and skills

• Advanced proficiency in Microsoft Office tools (Excel, PowerPoint, Word).
• Experience with Alteryx (build and maintenance) is a plus.