Global Clearing Product Control - Associate

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

Benefits offered by this job

Health benefits

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

JPMorgan Chase & Co. in New York seeks an Global Clearing Product Control – Associate to lead daily P&L and month-end close processes for the Clearing Desk, partnering with Front Office, Treasury, Operations, Risk, and Tech to resolve issues.

Role offers exposure to regulatory reform, and leadership opportunities within a fast-paced, global financial institution. Strong analytical and communication skills are essential.

Qualifications

• 2+ years of experience in Product Control, Treasury Finance, Markets Finance, Financial Control, or related functions.
• Bachelor’s degree in Finance or Accounting or equivalent.
• Knowledge of U.S. Treasuries, repo, reverse repo, securities financing transactions, or interest rate products.

Responsibilities

• Own daily Profit & Loss and month-end close processes for the Clearing Desk.
• Analyze P&L drivers and provide attribution and commentary to desk heads and senior management.
• Compile and distribute Management Information Systems including monthly financials and ad-hoc requests.

Skills

Analytical skills

Communication

Multi-tasking

Attention to detail

Controls implementation

Microsoft Excel

PowerPoint

Education

Bachelor's in Finance or Accounting

Tools

Microsoft Excel

Outlook

PowerPoint

Alteryx

VBA

Job description

Join a dynamic team at the forefront of global derivatives clearing, regulatory reform, and market innovation. Be part of a business that shapes the future of financial markets and supports clients across a full suite of products.

As a Global Clearing Product Control – Associate in our Corporate & Investment Bank, you will play a key role in Profit & Loss and risk reporting for the Global Futures & Options and Over-the-Counter Clearing business. This position offers exposure to regulatory reform, cross-functional collaboration, and leadership in a rapidly evolving industry. You will gain expertise in a critical area within the bank and markets, supporting both daily operations and strategic initiatives.

Job responsibilities

• Own daily Profit & Loss and month-end close processes for the Clearing Desk.
• Analyze key drivers of Profit & Loss and provide detailed attribution and commentary explaining daily and monthly P&L movements to desk heads, business managers and senior finance management.
• Compile and distribute Management Information Systems to the business, including monthly financials and ad-hoc requests.
• Partner with Front Office, Treasury desk, Operations, Risk, and Technology teams to identify, investigate, and resolve control, reporting, and P&L issues in a timely manner.
• Build strong partnerships with the Clearing Desk to understand business strategy, investment and revenue-generating activities, and the resulting financial and balance sheet impacts.
• Ensure adherence to Corporate & Investment Bank product controller standards through robust controls, reconciliations, and issue resolution.

Required qualifications, capabilities and skills

• At least 2 years of experience in Product Control, Treasury Finance, Markets Finance, Financial Control, or related functions.
• Bachelors in Finance or Accounting or an equivalent degree.
• Knowledge of U.S. Treasuries, repo, reverse repo, securities financing transactions, or interest rate products.
• Advanced quantitative and analytical skills with attention to detail.
• Excellent written and verbal communication and presentation skills.
• Ability to multi-task and execute on various deliverables in a fast-paced environment.
• Ability to implement and maintain effective controls.
• Self-motivated, results-driven, and able to forward operational change.
• Proficient in Microsoft Excel, Outlook, and PowerPoint.

Preferred qualifications, capabilities and skills

• Experience with Alteryx and VBA.
• Understanding of clearing, collateral, margin, or exchange-traded derivatives markets.

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).

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

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. Forward Profit & Loss and risk reporting for a leading global clearing desk within JPMorgan’s Corporate & Investment Bank.