VP, Differential Discounting Product Control

Testing Site - JPMC; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Testing Site - JPMC in London seeks a Vice President to lead differential discounting product control across global markets. You will ensure accurate financial and regulatory outcomes and drive continuous control improvements.

You will own daily P&L reconciliations, produce risk metrics, and collaborate with traders, risk, ops, and technology to deliver timely insights and robust governance. Strong leadership and GAAP knowledge are essential.

Qualifications

• Extensive experience in product control, financial control, or markets finance within a trading business.
• Experience leading or mentoring team members with ability to influence senior stakeholders.
• Deep knowledge of interest rate derivatives and discounting concepts, including collateral-driven discounting.

Responsibilities

• Lead the product control function for differential discounting, ensuring complete and accurate financial and regulatory reporting.
• Own daily and month-end profit and loss reconciliation from front office estimates to the general ledger and management reporting.
• Produce, analyze, and explain key business and risk metrics for the desk, including inputs used in Value at Risk.
• Validate end-to-end trade data integrity across systems and remediate breaks between front and back office platforms.
• Advise on accounting, regulatory, and booking treatments; participate in new product approvals; sign off legal entity financials and regulatory returns.
• Partner with Planning and Analysis to deliver timely, decision-ready management information for business leaders.
• Build, influence, and maintain strong relationships with trading, business management, risk, operations, and technology partners.
• Prioritize effectively during fast-moving trading and month-end cycles while maintaining high control standards.
• Strengthen the control environment through process design, documentation, testing, and continuous improvement.
• Lead and develop a high-performing team; coach, set priorities, and foster an inclusive, collaborative culture.
• Support technology, business, and regulatory change initiatives to ensure smooth implementation and control readiness.

Skills

Product control

Stakeholder influence

Discounting knowledge

GAAP knowledge

Excel advanced

Risk concepts

Education

Bachelor’s degree or equivalent

Tools

Python

SQL

Job description

Testing Site - JPMC in London seeks a Vice President to lead differential discounting product control across global markets. You will ensure accurate financial and regulatory outcomes and drive continuous control improvements.

You will own daily P&L reconciliations, produce risk metrics, and collaborate with traders, risk, ops, and technology to deliver timely insights and robust governance. Strong leadership and GAAP knowledge are essential.