Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage derivative financing risks and support key business decisions in a fast-paced trading environment.
- Company: Join JPMorgan Chase, a global leader in finance with a dynamic culture.
- Benefits: Gain valuable experience, competitive salary, and opportunities for career advancement.
- Why this job: Make a real impact on financial reporting and risk management while collaborating with senior leaders.
- Qualifications: Strong analytical skills and understanding of interest rate products required.
- Other info: Fast-paced environment with excellent growth opportunities and a focus on teamwork.
The predicted salary is between 36000 - 60000 £ per year.
Are you ready to make an impact in a fast-paced trading environment? At JPMorgan Chase, you’ll play a key role in managing complex derivative financing risks and supporting business decisions. Our Differential Discounting Product Control team is at the forefront of risk management, financial reporting, and regulatory compliance. You’ll collaborate with senior leaders and drive meaningful change across the organization. This is your opportunity to grow your expertise and advance your career in a dynamic, global financial institution.
As a Differential Discounting Product Control Associate in the IB Finance and Business Management team, you help us manage CSA-specific discounting risks and ensure accurate financial and regulatory reporting. You work closely with trading desks, business management, and support functions to deliver key business insights. You drive the control agenda, support technology and regulatory initiatives, and foster strong relationships across the organization. Together, we create a robust control environment and support strategic business decisions.
Job Responsibilities
- Reconcile and report profit and loss figures from dealer estimates to General Ledger postings
- Analyze and report key business risk measures for the Differential Discounting business
- Own and validate inputs to Value-at-Risk (VaR) calculations
- Ensure end-to-end integrity of deal data on bank systems
- Investigate and resolve discrepancies between front and back-office systems
- Advise the business on accounting, regulatory, and booking issues
- Participate in new product approval and sign off business unit financial statements
- Support business unit strategy and management with financial analysis
- Develop and maintain relationships with senior Front Office, Business Management, and support functions
- Liaise with business and risk managers to further the control agenda
- Adapt to changing priorities in a fast-paced, trading and month-end environment
Required Qualifications, Capabilities, and Skills
- Strong numerical and analytical skills
- Understanding of interest rate products, including FRA, IR and XCCY Swaps, tenor/currency basis, and discounting calculations
- Proficiency in spreadsheets (MS Excel), including formulae and macro construction or willingness to learn
- Ability to interact effectively in a trading room environment and develop partnerships across teams
- Proficiency in accounting and knowledge of US and UK GAAP
- Solid understanding of internal controls and risk assessment concepts
- Self-starter with a strong interest in learning
- Ability to work well under pressure, with attention to detail and tenacity
- Excellent written and verbal communication skills
- Strong multi-tasking and organizational skills
- Relevant experience in finance, product control, or risk management
Preferred Qualifications, Capabilities, and Skills
- Experience with regulatory, credit, market risk, tax, and accounting issues related to derivatives
- Familiarity with technology systems supporting trading and risk management
- Experience supporting technology, business, or regulatory initiatives
- Ability to balance cooperative and responsive approaches with rigorous control standards
- Experience in a fast-paced trading or month-end environment
- Demonstrated subject matter expertise in product control
- Advanced Excel skills, including VBA/macros
Differential Discounting Product Control – Associate in London employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Differential Discounting Product Control – Associate in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join finance-related groups on LinkedIn, and don’t be shy about reaching out to professionals at JPMorgan Chase. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interviews by researching common questions related to product control and risk management. Practice your responses, but also be ready to think on your feet. Show them your analytical skills and how you can contribute to their team!
✨Showcase Your Skills
When you get the chance, highlight your numerical and analytical skills during conversations or interviews. Use examples from your past experiences to demonstrate how you’ve tackled challenges in finance or risk management. Let them see the value you bring!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen. Plus, it shows your enthusiasm for the role and the company. We’re excited to see what you can bring to the Differential Discounting Product Control team!
We think you need these skills to ace Differential Discounting Product Control – Associate in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your numerical and analytical skills, as well as any relevant experience in finance or risk management. We want to see how you can make an impact in our fast-paced trading environment!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the Differential Discounting Product Control role and how your background aligns with our needs. Don’t forget to mention your ability to work under pressure and your attention to detail – these are key for us!
Showcase Your Technical Skills: Since proficiency in spreadsheets and understanding of interest rate products are crucial, make sure to highlight any relevant technical skills in your application. If you’ve got experience with Excel formulas or macros, let us know – we love a self-starter who’s eager to learn!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team at JPMorgan Chase!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Numbers
Brush up on your numerical and analytical skills before the interview. Be prepared to discuss how you would reconcile profit and loss figures or validate inputs for Value-at-Risk calculations. Showing confidence in these areas will impress the interviewers.
✨Understand the Products
Make sure you have a solid grasp of interest rate products like FRA, IR, and XCCY Swaps. Familiarise yourself with discounting calculations and be ready to explain how they impact financial reporting. This knowledge will demonstrate your readiness for the role.
✨Showcase Your Communication Skills
Since you'll be liaising with various teams, practice articulating complex concepts clearly and concisely. Prepare examples of how you've effectively communicated in past roles, especially in high-pressure environments. Strong communication is key in a trading room setting.
✨Demonstrate Adaptability
The fast-paced nature of this role means priorities can shift quickly. Think of instances where you've successfully adapted to changing circumstances or managed multiple tasks simultaneously. Highlighting your flexibility will show that you're a great fit for the dynamic environment.