Prime Financial Services Product Controller - Associate

JPMorgan Chase; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

Join a leading financial services firm as an Associate in their Margin Trading Risk Controller team. This role offers a chance to work closely with diverse stakeholders to control market risk and innovate on processes, ensuring growth in a collaborative environment. The position requires a strong background in finance, excellent communication, and a proactive approach.

Qualifications

• Experience in Product Control, Financial Control, Accounting, or related areas.
• Ability to challenge the status quo and address root causes of issues.
• Independent and motivated self-starter.

Responsibilities

• Produce and report daily Margin Trading Market Risk & P&L accurately.
• Implement robust controls with business stakeholders.
• Drive innovation in risk control processes.

Skills

Analytical skills

Attention to detail

Communication skills

Process ownership

Financial products understanding

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Business

Job description

Are you ready to make a significant impact in the world of financial risk management? As an Associate in our Global Prime Financial Services Product Control team, you'll be at the forefront of a new Margin Trading Risk Controller team in London. This role offers a unique opportunity to shape the future of risk controlling, working with a diverse range of stakeholders and products. You'll be part of a team that values innovation, collaboration, and growth, providing you with the platform to advance your career in a challenging and rewarding environment.

As a Prime Financial Services Product Controller - Associate in Margin Trading Risk Controller Team, you will play a crucial role in controlling the market risk of client exposures to JPM. You will collaborate with us to define operating models, build teams, and establish lasting partnerships. This position offers the opportunity to work across a wide range of products, including margin trading and derivatives, while engaging with stakeholders from various departments. Together, we will create a culture of trust and growth, ensuring all team members have the opportunity to learn and achieve their goals.

Job responsibilities

• Produce and report daily Margin Trading Market Risk & P&L efficiently and accurately.
• Partner with business stakeholders to implement robust controls and strategic initiatives.
• Identify and implement continuous improvements to adapt processes to changing systems and control requirements.
• Foster an inclusive and equitable working environment that encourages learning and growth.
• Collaborate with Front Office, Market Risk Coverage, Technology, and Operations teams.
• Define and establish operating models for new risk controlling areas.
• Build and lead a team focused on risk management excellence.
• Ensure effective collateral management and risk mitigation strategies.
• Drive innovation in risk control processes and methodologies.
• Develop strong working relationships across departments.
• Take ownership of processes and improvements with a proactive approach.

Required qualifications, capabilities, and skills

• Experience in Product Control, Financial Control, Accounting, or related areas.
• Solid understanding of financial products and market risk.
• Strong analytical skills and attention to detail with a control focus.
• Excellent communication skills and ability to build strong relationships.
• Independent and motivated self-starter with process ownership.
• Bachelor's degree in Accounting, Finance, Business, or related field.
• Ability to challenge the status quo and address root causes of issues.

Preferred qualifications, capabilities, and skills

• Experience in margin trading and derivatives risk management.
• Proven track record in implementing strategic initiatives.
• Familiarity with JPM's range of financial products.
• Ability to lead and develop high-performing teams.
• Experience in stakeholder management and collaboration.
• Knowledge of collateral management strategies.
• Innovative mindset with a focus on continuous improvement.

About us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

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.