At a Glance
- Tasks: Deliver accurate P&L and Market Risk reporting while collaborating with various teams.
- Company: Join a leading financial institution with a dynamic and innovative environment.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Work in a collaborative team focused on process improvement and innovation.
- Why this job: Make an impact in the fast-paced world of finance with cutting-edge products.
- Qualifications: Experience in Product Control or related fields; strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
The EMEA Rates Exotics business is responsible for trading a wide array of interest rate products, spanning from vanilla derivatives to advanced, complex instruments. This includes structured payouts, correlation products, and options, along with innovative solutions such as range accruals, CMS-based structures, swaptions, and hybrid products tailored to meet sophisticated client needs in a dynamic market landscape.
As an Associate Product Controller in the EMEA Rates Team, you will be responsible for delivering accurate P&L and Market Risk reporting. This role involves close collaboration with stakeholders such as Front Office, Middle Office, Market Risk, Business Managers, and various teams across Finance.
Job Responsibilities:
- Review and report daily P&L and risk metrics.
- Validate and analyse daily P&L explanations, including Volcker attributions, first and higher order effects, and residuals.
- Perform month-end close reconciliations between the P&L Aggregator and General Ledger.
- Identify, design, and implement new controls and processes to enhance P&L production efficiency and align with Global Product Control standards.
- Participate in ongoing and new projects to ensure Product Control requirements are met.
- Prepare and deliver daily, weekly, and monthly P&L commentaries to senior management, explaining results in terms of desk risk, strategy, and market factors.
- Work with Financial Control to resolve cash flow breaks and review FX balances.
- Partner with the business to implement robust controls and support new initiatives.
- Coordinate across front and back office support functions to resolve control and reporting issues promptly and accurately.
Required qualifications, capabilities, and skills:
- Experience in Product Control, Financial Control, Accounting, or a related field.
- Bachelor’s degree in Accounting, Finance, Business, or a related discipline.
- Strong analytical and problem-solving abilities with keen attention to detail.
- Proactive approach to process improvement and innovation.
- Excellent communication skills, with the ability to explain complex concepts clearly.
Preferred qualifications, capabilities, and skills:
- Knowledge of financial products.
- Advanced Excel skills (VBA coding preferred).
EMEA Rates Exotics Product Controller – Senior Associate in London employer: JPMorganChase
As an employer, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Our EMEA Rates Exotics team offers exceptional growth opportunities, allowing you to develop your skills in a fast-paced environment while working alongside industry experts. Located in a vibrant financial hub, we provide competitive benefits and a supportive atmosphere that values your contributions and promotes professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land EMEA Rates Exotics Product Controller – Senior Associate in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and the role thoroughly. We suggest practising common interview questions and even some technical ones related to product control. Show them you’re not just another candidate, but the right fit!
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We believe it’s a small gesture that can make a big impact.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that job!
We think you need these skills to ace EMEA Rates Exotics Product Controller – Senior Associate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the EMEA Rates Exotics role. Highlight your experience in Product Control or related fields, and don’t forget to mention any advanced Excel skills you have!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. Be sure to mention your analytical skills and proactive approach to process improvement.
Showcase Your Communication Skills:Since this role involves collaboration with various teams, make sure to demonstrate your excellent communication skills in your application. Use clear and concise language to explain your experiences and how you can contribute to the team.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to see your application and get you into the process quickly!
How to prepare for a job interview at JPMorganChase
✨Know Your Products
Make sure you brush up on your knowledge of interest rate products, especially the complex instruments mentioned in the job description. Being able to discuss structured payouts, correlation products, and swaptions confidently will show that you're not just familiar with the basics but can handle the intricacies of the role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving abilities during the interview. Think of specific examples where you've successfully validated P&L explanations or implemented new controls. This will help you illustrate your attention to detail and proactive approach to process improvement.
✨Communicate Clearly
Since excellent communication skills are a must, practice explaining complex financial concepts in simple terms. You might be asked to explain how you would prepare P&L commentaries, so being clear and concise will set you apart from other candidates.
✨Collaborate and Coordinate
Highlight your experience working with various teams, such as Front Office and Market Risk. Be ready to discuss how you've resolved control and reporting issues in the past, as this role requires strong collaboration across different functions. Showing that you can work well with others will be key.
