At a Glance
- Tasks: Lead a team in global energy trading and oversee financial controls.
- Company: Join JPMorgan Chase's innovative Global Commodities Group.
- Benefits: Supportive environment with growth opportunities and career mobility.
- Other info: Collaborative culture with diverse teams across multiple regions.
- Why this job: Make an impact in the dynamic world of global commodities trading.
- Qualifications: Experience in Product Control and strong analytical skills required.
The predicted salary is between 55000 - 70000 £ per year.
Are you ready to make your mark in the dynamic world of global energy trading?
Join our Global Commodities Group at JPMorgan Chase, where you will lead a talented team and collaborate with professionals across New York, Houston, London, and Singapore.
Here, you will have the opportunity to develop your expertise, drive innovation, and contribute to a culture that values growth, inclusion, and career mobility.
We offer a supportive environment where your skills and ideas will help shape the future of our business and your career.
As a Product Control Associate in the Global Commodities Group, you will lead the EMEA Energy Product Control team, supporting trading activities in UK and European Gas, EUAs, Global Coal, Brent, and WTI products.
You will play a pivotal role in overseeing financial controls and supporting business growth, working closely with colleagues across multiple regions.
Your expertise in derivative products and operational risk will be essential as you manage complex transactions and ensure robust processes throughout the product lifecycle.
In this role, you will foster strong relationships across Finance, Market Risk, Technology, and Operations, helping to drive the business forward while developing your own skills in a collaborative and inclusive environment.
- Job Responsibilities
- Supervise daily P&L, review breaks between risk management system and P&L aggregator, explain differences to trader estimates, provide Greek-based market commentary, and obtain trader sign-off.
- Review month-end controls such as balance sheet substantiation, adjustment review and substantiation, and reconciliation of P&L reported through books and records.
- Manage external reporting including Fair Value Measurement (FVM) and Hedge Accounting.
- Supervise Market Risk Reporting process for EMEA Energy.
- Work closely with the external reporting team for regulatory reporting requirements.
- Act as point person for the team and resolve any escalated issues.
- Review P&L explains, Clean and Dirty buckets, and understand and explain P&L residuals.
- Drive continuous improvement to the system infrastructure and control environment.
- Ensure the team has adequate training and product knowledge.
- Coordinate with key business partners across Finance and other areas on projects and issue resolution.
- Support expansion into physical EMEA Power & Gas.
- Required qualifications, capabilities and skills
- Strong experience in Product Control, Financial Control, or Accounting within a trading business, including commodities or FX/rates options exposure.
- Proven proficiency with daily P&L production, risk-based explains, and month-end close processes.
- Bachelor's degree in Accounting, Finance, Economics, or a related field.
- Strong Finance and Accounting knowledge including Fair Value reporting, inventory valuation, and accrual accounting.
- Ability to communicate effectively across the organization, both orally and in writing and excellent analytical and problem-solving skills.
- Good understanding of derivative products and inventory valuation.
- Ability to manipulate large volumes of data efficiently.
- Flexible, proactive approach and ability to adapt to business change.
- Proactive in identifying control gaps, defining resolutions, and driving closure.
- Team-oriented and motivated self-starter with a positive can do attitude.
- Influencing skills to manage relationships with diverse groups internally and externally.
- Preferred qualifications, capabilities and skills
- Experience leading a team.
- Knowledge of Commodities markets, specifically the Energy businesses.
- #J-18808-Ljbffr
Commercial & Investment Bank GF&BM – Global Commodities Group – Product Control – Associate employer: J.P. Morgan
As a leading global financial institution, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to excel. The Head of Markets Tax Operations role offers unparalleled opportunities for professional growth, collaboration across diverse teams, and the chance to drive innovation in tax operations while working in vibrant locations like Spain, Italy, and Hungary. Join us to be part of a culture that values excellence, embraces technology, and prioritises employee development, ensuring you can make a meaningful impact in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial & Investment Bank GF&BM – Global Commodities Group – Product Control – Associate
✨Tap into Campus Networks
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We think you need these skills to ace Commercial & Investment Bank GF&BM – Global Commodities Group – Product Control – Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to J.P. Morgan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on J.P. Morgan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at J.P. Morgan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with J.P. Morgan.
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Since this is a full-time position, employers at J.P. Morgan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former J.P. Morgan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
