Product Controller

Aumni

Aumni

Accounting & Finance, Product
London, UK
Posted on Oct 7, 2024

Job Description

Join our dynamic team and make a meaningful impact by delivering high-quality support that resonate with clients.

The product control function provides support to the financial controllers and trading desks. As a Product Controller, you will be responsible for ensuring that the P&L, balance sheet, and month-end close procedures are completed correctly and accurately.

Job Responsibilities

  • Production of T+1 P&L to Front Office and obtaining daily P&L sign-off, including substantiation through comparison to trader predicts, current risk and market moves.
  • Perform the analytical review of the desk P&L and explain the business drivers of the P&L movement.
  • Reconciliation and reporting EOD Risk and obtaining daily risk sign-off.
  • Reconciling and owning inputs to the Value-at-Risk (VaR) calculations of the firm.
  • Ensure that the team is in compliance with the P&L and Risk minimum standards and support projects to enhance the control environment.
  • Provide ad hoc reports driven by Front Office, Market Risk and Business Management.
  • Month end – Liaising with Financial control to reconcile P&L Aggregator to general ledger, review of reserve adjustments and other month end adjustments.
  • Review the key control metrics and monitor the current control issues ensuring they are effectively escalated and mitigated.
  • Pro-actively identify the control risks and manage the subsequent project plans to achieve resolution.
  • Ensure the integrity of the business financial results are maintained under US and local regulatory requirements

Required qualifications, capabilities and skills

  • Good financial product knowledge, preferably fixed income products.
  • Strong numerate background - ideally a numerate degree
  • Strong technical skills (Advanced Excel)
  • Control focused / mindset with an attention to detail
  • Ability to work effectively to meet challenging deadlines and be able to work under pressure
  • Analytical and quantitative aptitude. Ability to identify and solve problem.
  • Team player with ability in managing daily processes and interacting with the business
  • Strong interpersonal and communication skills
  • Proactive and willing to accept responsibility

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.