CIB – F&BM - Firmwide External Reporting Controller – FVM/FVO – Associate
London (Greater London) Accounting / Management control
Job description
CIB F&BM – External Reporting Controller – Associate - London
Job Description
Firmwide External Reporting Controller – FVM/FVO – Associate - London
Description
The Firmwide External Reporting Controller (FERC) organization oversees front to back reporting of key external (SEC) and regulatory (FR Y-14) disclosures to support the Chief Financial Officer’s Comprehensive Capital Analysis and Review attestation. The organization has oversight for material regulatory reporting across all four lines of business: Corporate and Investment Bank (CIB), Asset Management (AM), Consumer and Community Banking (CCB) and Commercial Bank (CB).
The FERC organization is responsible for ensuring completeness of process and data, controls identification and mapping, remediation of identified gaps, and robust execution and testing of controls.
The Fair Value Measurement and Fair Value Option disclosure (FVM/FVO) FERC team is responsible for investigating, reviewing and enhancing all external reporting/regulatory reporting for FVM/FVO activity. The team is expected to provide guidance and advisory support to the Firm in developing a robust attestation framework and will also be a main contact for external reporting queries about the activity from stakeholders such as individual Lines of Business (LOB), Corporate Financial Reporting (CFR) and External Regulators.
Qualifications
· Degree qualified - ideally a numerate degree
· CPA/ACCA/ACA qualified - preferred
· Good financial product knowledge – particularly for instruments reflected at fair value, including derivatives, securities, loans
· Experience with the financial disclosure for the above
· Experience with JPM risk management and financial systems, particularly derivatives systems is a plus
· Ability to work effectively, meet challenging deadlines and to work under pressure
· Analytical and quantitative aptitude - ability to identify and solve problems independently
· Strong interpersonal skills and good communication skills
· Strong technical skills (Advanced Excel)
· Proactive and willing to accept responsibility
· Controls focused
Key responsibilities:
· Ensuring completeness of reporting process and data for FVO/FVO from ledgers to regulatory report submission
· Controls identification, enhancement and mapping across systems, businesses and organizations
· Remediation of identified gaps and errors
· Robust execution and testing of controls
· Ensuring that FVO/FVM activity is correctly reflected in the various financial and regulatory reports
· Partnering with key stakeholders including CFR & LOBs to quantify potential impacts of identified issues and ensuring impact on financial statements and regulatory reports are understood
· Working with Accounting Policy and the Regulatory Reporting teams to ensure any regulatory changes to reporting are appropriately reflected in our disclosures
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.