At a Glance
- Tasks: Support financial controllers and trading desks with P&L, balance sheet, and month-end close procedures.
- Company: Join J.P. Morgan, a global leader in banking and investment services across 100+ countries.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a high-impact team driving financial insights and business trends in a major product area.
- Qualifications: Bachelor's degree in Finance or related field; strong analytical and communication skills required.
- Other info: Ideal for those with a passion for finance and a desire to make a difference in a global firm.
The predicted salary is between 54000 - 84000 £ per year.
The product control function provides support to the financial controllers and trading desks to ensure that the Profit & Loss, balance sheet, and month end close procedures are completed in a timely and accurate manner. Securities Services Product Controllers are part of the Corporate Investment Bank Finance team and are responsible for providing Product Controller support for the Custody, Fund Services, Alternative Investments Services, Depository Receipts and Agent Lending products. The Custody Product is the most significant product within Securities Services\’ annualized revenue of $4.1bn and AUC of c. $27TR.
As a Custody Product Control Vice President within the Corporate Investment Bank Finance team, you will have an opportunity to work closely with Product & Business Managers, to drive a clear understanding of the business trends, especially around AUC and fees, and provide insightful analysis to facilitate effective management of the business in the region and globally. You will contribute to Product initiatives as they arise, understand the impact on Finance / the control environment and contribute towards provision of the appropriate financial analysis to support as well as ensuring adherence to product controller standards in the region.
Job responsibilities
- Produce, preparation and reporting of the daily P&L and Risk
- 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 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
- Manage projects and initiatives related to all of the above, as well as larger cross-business programs
Required qualifications, skills and capabilities
- Solid experience within Product Control, Financial Control, Accounting, or related area
- Bachelor\’s degree in Accounting, Finance, Business or related area
- Strong analytical skills and attention to detail including a strong control focus
- Excellent communication skills and ability to develop strong working relationships.
- Strong technical skills in using Excel and PowerPoint
Preferred qualifications, skills and capabilities
- Previous P&L or risk experience is preferable
- Solid understanding of financial products would be advantageous
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. #J-18808-Ljbffr
Custody Product Controller - Vice President employer: J.P. MORGAN-1
Contact Detail:
J.P. MORGAN-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Custody Product Controller - Vice President
✨Tip Number 1
Network with professionals in the finance and product control sectors. Attend industry events or webinars where you can meet people who work at J.P. Morgan or similar firms. Building these connections can provide you with insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in custody services and financial products. Understanding the current market landscape will not only help you in interviews but also demonstrate your genuine interest in the role and the company.
✨Tip Number 3
Prepare for potential case studies or technical assessments that may be part of the interview process. Brush up on your analytical skills and be ready to showcase your ability to interpret financial data and provide insights.
✨Tip Number 4
Research J.P. Morgan's Corporate Investment Bank and its specific products. Understanding their business model and how the Custody Product fits into their overall strategy will give you an edge in discussions during the interview.
We think you need these skills to ace Custody Product Controller - Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Product Control, Financial Control, or Accounting. Emphasise your analytical skills and any previous P&L or risk experience, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Custody Product Controller position specifically. Mention your understanding of the financial products involved and how your skills align with the responsibilities outlined in the job description.
Showcase Technical Skills: Since strong technical skills in Excel and PowerPoint are required, consider including specific examples of how you've used these tools in past roles. This could be through data analysis, reporting, or presentations that demonstrate your capabilities.
Highlight Communication Abilities: Given the importance of communication in this role, provide examples of how you've developed strong working relationships in previous positions. This could include collaboration with business managers or cross-functional teams to resolve issues.
How to prepare for a job interview at J.P. MORGAN-1
✨Understand the Role Thoroughly
Make sure you have a solid grasp of what the Custody Product Controller role entails. Familiarise yourself with the key responsibilities, such as P&L reporting and financial analysis, so you can discuss how your experience aligns with these tasks.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities during the interview. Be ready to discuss specific examples where you've used data to drive decisions or improve processes, especially in relation to financial controls and reporting.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly. Think about how you can explain complex financial concepts in a straightforward manner, as you will need to collaborate with various stakeholders.
✨Highlight Your Technical Proficiency
Be prepared to discuss your technical skills, particularly in Excel and PowerPoint. You might be asked to provide examples of how you've used these tools in previous roles, so consider preparing a few scenarios that showcase your expertise.