IB F&BM – Commodities Investor Products Product Controller – Associate – London recruitment
Description:The Commodity Investor Products Product Control team consists of 8 professionals supporting approximately 10 traders, who operate across 2 Location (London and New York).
They are a derivative-based business trading on various structured and exotic products with multi-asset Commodity underlying mainly Index, Energy, Metals and Agricultural.
The successful candidate will have a good knowledge of derivative products, combined with a financial reporting and control mindset.
They must be comfortable with complex structured transactions and have a strong understanding of the operational risks around the end to end product lifecycle.
Communication skills are particularly essential as the candidate will have a lot of daily face to face interaction with a demanding front office and will need to co-ordinate relationships with Finance, Technology and Operations.
Key Responsibilities:Daily PL and Risk production for the Trading deskUnderstanding and Explaining PL residualsClient Value and Portfolio Management analysisBalance Sheet Monitoring, Analysis and Usage ReviewContinually challenging the business' Target Operating ModelImplement improvements to the system infrastructure control environmentCoordination with IB Ops, IB Tech and Finance on projects and issue resolutionMonth end management (PL forecasts, Interaction with Fair Value group)Quarterly Corporate external reportingEconomic v GAAP differencesNew Business proposals (NBIA)Deliver support for new products and initiativesDrive standardisation of process, application and data source.
Qualifications
Skills RequiredAssociate with relevant experience within an Investment Bank.Strong derivatives knowledge.
Specific to Commodities would be advantageous.Demonstrates very good Excel skills.
VBA and Access knowledge is beneficial.Show interest and good understanding of the markets including the key drivers, pricing issues and trader strategies.Excellent analytical and problem solving skills.Pro-activity in identifying control gaps, defining resolution and taking to closureAbility to communicate effectively across the organization, both orally and in writing.Team Orientated and motivated self-starter with a positive "can do" attitude.Influencing skills to manage interaction with diverse groups internally and externally.A flexible proactive approach, ability to adapt to business change.About JPMorgan Chase Co.
J.P.
Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P.
Morgan is part of
JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P.
Morgan and Chase, and WaMu brands.
J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package.
J.P. Morgan is an Equal Opportunity Employer.