America Credit Portfolio Group (XVA) Product Control - Senior Associate

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks a Senior Associate to join the XVA Product Control team. You will manage P&L and risk, interact with senior stakeholders across the finance organization, and drive controls and improvements in CVA and FVA coverage.

You will collaborate with Front Office, Market Risk, and other control functions, applying strong analytical skills and a proactive mindset to deliver accurate financial reporting and robust governance in a fast-paced environment.

Qualifications

• 3+ years Product Control experience or equivalent.
• Experience within Product Control related to CVA/FVA.
• Excellent analytical skills and attention to detail including a strong control focus.
• Excellent communication skills and ability to develop strong working relationships.
• Educated to at least Bachelor’s degree (or equivalent) level

Responsibilities

• Produce and report on the Daily P&L and Risk, ensuring it is completed in an efficient and controlled manner
• Ensure for integrity of the balance sheet and accounting for the business
• Provide detailed analysis and commentary on the financials to desk heads, business managers, and senior finance management
• Partner with the business and its stakeholders to implement robust controls and implement strategic initiatives
• Identify and implement continuous improvements and ensure processes adapt to meet changing systems and control requirements

Skills

Product Control

CVA/FVA

P&L reporting

Risk analysis

Stakeholder communication

Education

Bachelor’s degree

Job description

Step into a pivotal role with the XVA Product Control team in New York, where your expertise will drive financial excellence and strategic innovation. This is your opportunity to shape the future of product control, managing P&L and risk with precision while collaborating with senior stakeholders across the finance organization. Join a dynamic environment that values your analytical prowess and leadership skills, offering a platform for growth and impact.

As a senior associate within the Americas Credit Portfolio Group, you will have the opportunity to be part of the XVA Product Control team based in New York covering CVA (credit valuation adjustment) and FVA (funding valuation adjustment). You will be working with a wide range of products from CVA/FVA to various hedging instruments (Credit, Rates, Equity, Commodity, FX). This role is a perfect fit for someone with extensive Product Control knowledge and expertise who is ready to take their career to the next level. You will be responsible for both P&L and Risk, interacting with a range of stakeholders from Front Office, Market Risk Coverage and other key business and control functions. This role will give you the chance to interact with senior stakeholders across the finance organization, making it an important and significant aspect of your role.

Job responsibilities

• Produce and report on the Daily P&L and Risk, ensuring it is completed in an efficient and controlled manner
• Ensure for integrity of the balance sheet and accounting for the business
• Provide detailed analysis and commentary on the financials to desk heads, business managers, and senior finance management
• Partner with the business and its stakeholders to implement robust controls and implement strategic initiatives
• Identify and implement continuous improvements and ensure processes adapt to meet changing systems and control requirements

Required qualifications, capabilities, and skills

• 3+ years Product Control experience or equivalent
• Experience within Product Control related to CVA/FVA
• Excellent analytical skills and attention to detail including a strong control focus
• Excellent communication skills and ability to develop strong working relationships.
• Educated to at least Bachelor’s degree (or equivalent) level

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).