Americas Clearing Product Controller Sr. Associate

JOB DESCRIPTION Overview The Global Clearing business rolls up to the Global Equities line of business within the Corporate & Investment Bank and helps clients clear and settle derivative transactions globally across a full suite of products including listed futures, options, FX, rates and credit derivatives.
The business is comprised of Futures & Options (F&O), Over the Counter Clearing (OTC Clearing), FX PB and Treasury Liquidity Management.
It is at the forefront of significant regulatory reform, including but not limited to: Mandatory clearing of OTC Derivatives, Basel III Agency Clearing rules as well as Basel III Leverage Ratio implementation.
The F&O business is one of the most dynamic market leaders in the futures and options brokerage business.
The business has provided Sales, Execution and Clearing services across fixed income, equity, foreign exchange and commodity asset classes since 1979.
Today, the business clears at over 70 exchanges with electronic trading access to over 50 of them.
Recent legislation in the U.
S.
and Europe (Dodd/Frank and EMIR respectively) has required institutions trading OTC derivatives to clear those derivatives through a central clearinghouse, which the OTC Clearing business helps clients facilitate.
J.
P.
Morgan and, more specifically the OTC Clearing business, have actively engaged with clearinghouses and regulators and will continue playing a leadership role in shaping the evolution of the OTC marketplace.
Global Clearing is at the center of regulatory reform as well as the cross section of the Corporate and Investment Bank.
At a time of significant industry change, this role represents an opportunity to gain expertise in an area of focus within the bank and markets.
This role will focus on PnL and risk reporting for the North America Clearing desk within the Global F&O and OTC Clearing business.
Job Responsibilities: Own daily P&L and month-end close processes for Americas Clearing desk.
Provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management Partner with the business to drive forth and implement robust controls and new business initiatives Drive coordination across various back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner Serve as an analytical and project support resource for product control Handle various ad-hoc requests on a daily basis Compile and distribute MIS to the business such as monthly financials and other ad-hoc requests Ensure product control is adhering to the CIB product controller standards and actively work to remediate any gaps Required qualifications, capabilities and skills: Minimum 3+ years of relevant work experience; strong Accounting or Finance background Ability to implement and maintain effective controls and to improve on current processes and drive operational change Strong quantitative/analytical skills and attention to detail Strong Communication and Presentation skills – written and verbal Ability to multi-task and execute on a variety of deliverables in a high paced environment Self-motivated and results driven with excellent time management/prioritization skills.
Proficient in Microsoft Excel, Outlook and PowerPoint Intermediate skills in Alteryx Preferred qualifications, capabilities and skills: Tableau Derivatives experience ABOUT US JPMorgan Chase & Co.
, 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.
For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans ABOUT THE TEAM The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services.
The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries.
We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.