Americas Clearing Product Controller Sr. Associate
Aumni
Job Description
The Global Clearing business, a part of the Global Equities division within the Corporate & Investment Bank, handles global clearing and settlement of various derivative transactions. This includes listed futures, options, FX, rates, and credit derivatives. The role focuses on Profit and Loss and risk reporting for the North America Clearing desk, providing a chance to gain expertise in a crucial area within the bank and markets.
Job Summary:
As an Americas Clearing Product Controller Sr. Associate within the Global Clearing business, you will be responsible for owning daily P&L and month-end close processes for the Americas Clearing desk. You will provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management. You will also partner with the business to promote forth and implement robust controls and new business initiatives. This role represents an opportunity to gain expertise in an area of focus within the bank and markets at a time of significant industry change.
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