At a Glance
- Tasks: Monitor trader activities and ensure timely P&L and risk sign-off.
- Company: Join J.P. Morgan, a global leader in banking and financial services.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Be part of a team that drives financial accuracy and compliance in a fast-paced industry.
- Qualifications: Part/Qualified accountant with strong analytical skills and attention to detail required.
- Other info: Engage in exciting projects and enhance your skills in a supportive team.
The predicted salary is between 43200 - 72000 £ per year.
You will play a vital role in monitoring and analyzing trader activities and market events. You will ensure timely P&L and risk sign-off, contributing to the accuracy and integrity of financial statements in compliance with regulatory standards.
As an EMEA Debt Capital Markets Product Controller – Associate in the Product Control department, you will be involved in monitoring and analyzing traders' activities, risk positioning, and related market events. You will ensure P&L and risk are signed off on time, in compliance with appropriate standards. Additionally, you will handle daily P&L reporting during the month-end cycle and perform income attributions as per transfer-pricing agreements. In a demanding regulatory environment, you will ensure compliance with regulatory requirements on financial statement accuracy and completeness.
Job Responsibilities:
- Develop excellent partnership skills with other functions (Deal teams, Business Management, Middle Office, Technology, Front Office, and Financial Control) and Product Control peers in other regions.
- Collaborate with the EMEA GIB business and the wider F&BM team to provide effective support and control oversight, maintaining a strong control environment and facilitating business growth.
- Report P&L and risk, month-end close, analysis of revenue drivers, balance sheet movements, and linking business activity to full financial results.
- Manage the impact of legal entity and regulatory changes on product control for the Capital Markets business, including Volcker Reporting requirements.
- Support the month-end close process in partnership with the Financial Control team (based in Delaware and Mumbai) through review of the EMEA GIB balance sheet and P&L, including investigation and resolution of variances and month-end issues.
- Play a key role in new and ongoing EMEA GIB and finance-related projects, participating in technology agenda book of work and increasing regional involvement in global initiatives. This includes enhancements to the General Ledger, Client Billing, and P&L Aggregator systems.
- Challenge existing control operating models and identify control issues/risks, resulting in increased efficiency and implementation of effective control processes.
- Participate in Internal Audit and/or Risk-driven product reviews and deep dives. Be a key participant in new product approvals from a Finance perspective.
- Ensure rigorous compliance with control policies, standards, and procedures, including Corporate Accounting Policies, P&L and Risk minimum standards, Product Control accountability standards, Income attribution agreements, and Volcker compliance.
Required Qualifications, Skills, and Capabilities:
- Part/Qualified accountant (ACA/CIMA/ACCA) or equivalent with strong accounting and double-entry skills, able to navigate product P&L and balance sheets with ease.
- Proven skills in identifying and resolving control and risk management issues impacting financial results.
- Sound commercial acumen and financial services industry awareness.
- Confident communicator (verbal, written, and listening) accustomed to dealing with numerous partners/stakeholders, works well under pressure, prioritises and manages time effectively, and anticipates needs in a rapidly changing environment.
- Strong analytical skills and attention to detail, with a strong control focus.
- Ability to challenge the status quo, generate ideas, and solve problems.
- Strong interpersonal, communication, and team-building skills. Ability to manage several projects and tasks concurrently.
- Enthusiastic, highly motivated, and committed individual.
Preferred Qualifications, Skills, and Capabilities:
- Knowledge of Banking products.
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Contact Detail:
J.P. MORGAN-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EMEA Debt Capital Markets Product Controller - Associate
✨Tip Number 1
Familiarise yourself with the key financial regulations and compliance standards relevant to the EMEA Debt Capital Markets. Understanding these will not only help you in interviews but also demonstrate your commitment to maintaining a strong control environment.
✨Tip Number 2
Network with professionals in the finance and banking sectors, especially those working in product control or related fields. Engaging with industry peers can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your analytical skills by working on case studies or simulations that involve P&L reporting and risk management. This practical experience can be a great talking point during interviews.
✨Tip Number 4
Stay updated on current market trends and events that impact the debt capital markets. Being knowledgeable about recent developments will show your enthusiasm for the role and your ability to contribute effectively.
We think you need these skills to ace EMEA Debt Capital Markets Product Controller - Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of the EMEA Debt Capital Markets Product Controller role. Emphasise your accounting qualifications, analytical skills, and any experience in financial services.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences where you've successfully managed P&L reporting or compliance with regulatory standards, demonstrating your fit for the position.
Highlight Key Skills: In your application, focus on key skills such as risk management, control processes, and your ability to work under pressure. Use examples from your past roles to illustrate these skills effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at J.P. MORGAN-1
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and requirements of the EMEA Debt Capital Markets Product Controller position. Familiarise yourself with P&L reporting, risk management, and compliance standards to demonstrate your knowledge during the discussion.
✨Showcase Your Analytical Skills
Be prepared to discuss specific examples where you've used your analytical skills to solve problems or improve processes. Highlight any experience you have with financial statements, balance sheets, and how you've navigated complex financial data in previous roles.
✨Demonstrate Strong Communication Abilities
As this role involves collaboration with various teams, it's crucial to showcase your communication skills. Prepare to discuss how you've effectively communicated with stakeholders in the past and how you can build partnerships across different functions.
✨Prepare for Technical Questions
Expect technical questions related to accounting principles, risk management, and regulatory compliance. Brush up on your knowledge of banking products and be ready to explain how you would handle specific scenarios related to P&L and risk sign-off.