CIB – F&BM – EMEA Rates Exotics Product Control – Associate
Description
The EMEA Exotics Product Control team within IB Finance and Business Management produces daily PL and risk reporting, performs balance sheet and capital management functions and ensures the accuracy and integrity of the Financial Statements.
The team partners closely with Front Office, Business Management, Financial Control, Middle Office, VCG, and Market Risk to drive the control agenda across the business.
The EMEA Exotics business makes markets in Exotic interest rate FX products.
The products range from the vanilla (interest rate swaps, swaptions) to the highly complex variety (PRDC's, YCSO's, callable ribs, knock in / out swaps).
The candidate, to be based in London, will be responsible for:Production and consolidation of daily profit loss (PL) reports on a fully explained basis.Daily interaction with the front office to resolve PL estimate to actual differences, to understand significant PL components and
validate daily reserves.Provide daily commentary and explains to senior finance management on significant PL driversProduction and consolidation of daily Risk reports, investigating and understanding daily moves on risk exposures.Work closely with Market Risk Coverage to report, validate and reconcile key risk metrics in VARSPartner with the financial control team to ensure the general ledger ties to front end PL (DRR)Provide support on various projects and initiativesConstant focus on operating efficiently and improving processes while maintaining a strong control environment
Qualifications
QualificationsThe ideal candidate will possess the following attributes/skills:PL reporting experience preferably with strong product knowledge in Exotic products.Multiple years experience in product control role, with strong understanding of PL Explains.Positive can-do attitude and strong control mindsetAbility to multi-task and deliver quality work under pressureGood communication skillsStrong analytical and problem-solving skills with good attention to detailAbout J.P. Morgan's Corporate Investment Bank
J.P.
Morgan's Corporate Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Further information about J.P. Morgan is available at www.jpmorgan.com.
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