CIB F&BM Macro Trading External Reporting Product Controller - Associate - J.P. Morgan - City of London - Wizbii

CIB F&BM Macro Trading External Reporting Product Controller - Associate

  • By J.P. Morgan
  • City of London (United Kingdom)
  • Bachelor's Degree
  • Audit / Accounting
2018-09-26T00:39:10+0000

Job description

Description

 

Macro Trading comprises the Corporate & Investment Bank’s Currencies & Emerging Markets, Rates, FX Services, Macro e-Commerce and Commodities businesses, with a collective presence in 23 countries. This role focuses mainly on the Currencies & Emerging Markets (CEM) business with a cross-over with other Macro Trading businesses. The Currencies and Emerging Markets (CEM) business is a multi assets, fast moving growth business with significant positive SVA contribution. Emerging markets offer a large variety of products within the fixed income asset class and are represented in London, NY, HK, Singapore and multiple locations (e.g. Brazil, Mexico, Russia, Turkey, India, etc).

External reporting, Balance sheet/RWA role is an extension of the product controller role. The Controller is responsible from the timely and accurate regulatory submissions of the Line of Business. He/she is also responsible for monitoring balance sheet, Capital, RWA and advises to the business on deal specific accounting and/or RWA usage. The candidate will be reporting to the External Reporting Head of CEM and Rates with exposure to multiple areas of the Macro Trading businesses. The role's responsibilities and functions include the following:

 

Description of Duty

 

•      Oversee and be accountable for the quality of the Regulatory Reporting disclosures of the Business

•      Interact with product controllers teams in all Emerging Markets locations, coordinate effort and consolidate information required for Regulatory disclosures

•      Working with the business to ensure that they fully understand developments in Regulatory framework and priorities, i.e. changes to the Capital framework, the impact of Risk Weighted Assets, revenue recognition on structured deals, GSIB impacts, leverage ratios etc

•      Provide guidance on accounting for products, liaising with Accounting Policy group where appropriate and ensuring compliance with Corporate Regulatory requirements

•      Provides analytic support for optimizing balance sheet and capital usage across CEM

•      Monitoring of the LOBs Balance Sheet from a net funding, Basel 3 liquidity ratios, GSIB, leverage ratios perspective

•      Enhance RWA reporting to provide greater transparency to the business

•      Responsible for collecting external disclosures from regional product controllers; consolidating data, performing consistency checks, roll forwards, and completing data quality checklists and analytical review

 

Qualifications

 

•      Good understanding of accounting, financial statements, product and risk

•      Capacity to summarize complex information and deliver it at business executive level

•      Good presentation skills

•      Excellent relationship building skills and comfortable with business contact

•      Positive can-do attitude looking to add value across the breadth of the business

•      Bachelor's Degree or equivalent required

•      Previous Experience in an Investment Banking environment is preferable

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