External Reporting Controller- Associate

JPMorganChase; New York (NY); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Health care

On-site health and wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JPMorganChase External Reporting Controller- Associate role in the Commercial & Investment Bank offers exposure to rates trading, balance sheet strategies, and risk management across a global desk.

You will oversee financial statements and regulatory reporting, partner with Front Office, and drive improvements in reporting processes within a dynamic, global environment.

Qualifications

• 4+ years in a finance organization with exposure to accounting, regulatory reporting, and financial products.
• Strong understanding of end-to-end reporting and control processes.
• Excellent analytical, interpersonal, communication and influencing skills.
• Ability to summarize complex information and deliver it at business executive level.
• Self-motivated and willing to take initiative; ability to thrive in a changing work environment.

Responsibilities

• Oversee financial statements and management reporting for Global Rates LOB ensuring compliance with corporate and regulatory requirements.
• Monitor the Global Rates Balance Sheet from a Net Funding, Basel 3 liquidity ratios, Global Systemically Important Banks (GSIB), and leverage ratios perspective.
• Provide analytic support to Front Office to optimize balance sheet and capital usage across the Global Rates business.
• Provide guidance on accounting, regulatory, and capital treatment for new products liaising with Corporate Accounting Policy and Regulatory Policy groups where appropriate to ensure compliance with reporting requirements.
• Work with the Business / Front Office to ensure they fully understand developments in Regulatory framework and priorities, i.e. changes to the Capital framework, the impact of Risk Weighted Assets (RWA), Global Systematically Important Bank (GSIB) surcharge, leverage ratios, revenue recognition on structured deals, etc.
• Represent the team and lead efforts around strategic initiatives and ongoing improvements around our internal/external reporting processes.
• Establish and manage relationships with Front Office, CIB Treasury, and Corporate Financial Reporting teams.

Skills

Finance experience

Reporting & control

Analytical skills

Executive communication

Initiative

Education

Bachelor's in Accounting/Finance

CPA

Job description

Job Description

The role provides an excellent opportunity to learn and gain an in-depth understanding of Interest Rate trading and balance sheet strategies and risk management techniques via exposure to one of the highest ranked Rates trading desks across the industry. The Global Rates business trades a wide range of products such as Bonds, Structured Notes, Credit-Linked Notes (CLN), Repo, Interest Rate Swaps and FX forwards across EMEA, APAC and North America.

As a External Reporting Controller- Associate in the Commercial & Investment Bank, you will be responsible for overseeing the financial statements and management reporting, ensuring a sound control environment, and providing guidance on accounting for products. You will also work closely with the Front Office to optimize balance sheet and capital usage across the business and participate in key projects and initiatives.

Job Responsibilities

• Oversee financial statements and management reporting for Global Rates Line of Business (LOB) ensuring compliance with corporate and regulatory requirements.
• Monitor the Global Rates Balance Sheet from a Net Funding, Basel 3 liquidity ratios, Global Systemically Important Banks (GSIB), and leverage ratios perspective.
• Provide analytic support to Front Office to optimize balance sheet and capital usage across the Global Rates business.
• Provide guidance on accounting, regulatory, and capital treatment for new products liaising with Corporate Accounting Policy and Regulatory Policy groups where appropriate to ensure compliance with reporting requirements.
• Work with the Business / Front Office to ensure they fully understand developments in Regulatory framework and priorities, i.e. changes to the Capital framework, the impact of Risk Weighted Assets (RWA), Global Systematically Important Bank (GSIB) surcharge, leverage ratios, revenue recognition on structured deals, etc.
• Represent the team and lead efforts around strategic initiatives and ongoing improvements around our internal/external reporting processes.
• Establish and manage relationships with Front Office, CIB Treasury, and Corporate Financial Reporting teams.

Required Qualifications, Capabilities, And Skills

• 4+ years in a Finance organization with exposure to accounting, financial statements, regulatory reporting, and financial products
• Strong understanding of end-to-end reporting and control processes.
• Excellent analytical, interpersonal, communication and influencing skills.
• Ability to summarize complex information and deliver it at business executive level.
• Self-motivated and willing to take initiative; ability to thrive in a changing work environment.

Preferred Qualifications, Capabilities, And Skills

• Experience in Product Control, Financial Control and/or knowledge of Regulatory Reporting
• Bachelor's degree in Accounting or Finance preferred, CPA

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).

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.