Asia Equity Derivatives & Risk Product Controller
Aumni
Accounting & Finance, Product
Kowloon, Hong Kong
Posted on Sep 13, 2024
Job Description
As an Equities Derivatives Group and Market Risk Reporting Product Controller – Associate, you will provide support to the financial controllers and trading desks to ensure that the risk, Profit & Loss, balance sheet and month end close procedures are done correctly and accurately. You will have the opportunity to assist with daily risk, Profit & Loss reporting, provide detailed analysis on the financials, and coordinate across various front & back office support functions.You will promote risk, profit and loss accuracy, ensure precise balance sheet management and streamline month-end close procedures as part of our Product Control team. This role will allow you to develop strong working relationships and enhance your analytical skills.
Job Responsibilities:
- Assist with daily risk, P&L reporting and month-end close processes
- Understand key risk measures (such as Greeks) and risk metrics (such as VaR and Stress)
- Monitor Equities trading limits, maintain limit framework and escalate/explain limit breaches to risk managers
- Support the production of daily VaR and weekly stress results
- Provide detailed analysis and reporting on the risk and financials to desk heads, risk managers, 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 front & 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
Required qualifications, capabilities, and skills:
- 3+ years experience within Product Control, Financial Control, Accounting, or related area
- Experience doing P&L and month end close process
- Solid understanding of financial products including derivatives
- Knowledge of market risk metrics and financial products is required, knowledge on equity derivatives is a plus
- High proficiency using Microsoft Office including but not limited to Excel (VBA) and Access
- Bachelor’s degree in Accounting, Finance, Business or related area
- Ability and drive to improve current processes and achieve efficiencies
- Solid understanding of financial products would be advantageous
- Strong analytical skills and attention to detail including a strong control focus
- Self-motivated and comfortable working with large amounts of data
- Excellent communication skills and ability to develop strong working relationships
Preferred qualifications, capabilities, and skills:
- Understanding of tools such as Alteryx/Tableau
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.