CIB Treasury Product Controller - Associate
Madison (Dane County) Accounting / Management control
Job description
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. www.jpmorganchase.com .
Controllers within the Corporate Investment Banks Finance and Business Management (“CIB F&BM”) organization are responsible for ensuring the overall integrity and validity of the financial statements and controls over the transaction cycle. Specifically, the Controllers organization is responsible for ensuring the overall integrity and validity of the financial statements and controls over the transaction cycle; performing critical reporting functions for the organization; daily P&L reporting; daily risk reporting; legal entity, financial and regulatory reporting, as well as product valuation.
The Corporate & Investment Bank Treasury (“CIBT”) group is a critical function within CIB F&BM. It is responsible for managing the liquidity and capital positions of the Corporate & Investment banking businesses, establishing transparent and market-based funds transfer pricing policy, and developing methodologies and metrics to improve the collateral and liquidity risk management capabilities of the investment bank. CIBT interacts heavily with Corporate Treasury in developing consolidated liquidity risk metrics and coordinating analysis and reporting for regulators and rating agencies on related topics. Additionally, the group is responsible for managing the CIB's Funding Valuation Adjustments (“FVA”) and Debit Valuation Adjustments (“DVA”).
We are currently recruiting for a candidate which will be part of team.
The Key responsibility of the team includes:
· Management of the daily & monthly Funds Transfer Pricing (FTP) calculations, reporting and analytics.
· Liaising with LOB Controllers with regards to FTP policy charges and relevant impact analysis.
· Interacting with CIB Treasury Markets teams relating to FTP policy, CIB funding and P&L results.
· Working with CIBT Financial controllers, business aligned finance teams, and all areas within Treasury to achieve strategic objectives.
· Other the BAU responsibilities- the candidate will be involved in ad hoc and strategic project work, including the testing / migration between FTP Technology platforms.
Desired profile
Qualifications
· Good organizational/ project management skills
· Strong analytical skills and attention to details.
· Excellent communication skills; verbal, written and presentation
· 3+ years' experience in financial services industry
· Bachelors Degree in Finance, Accounting or related; MBA or CPA a plus
· Previous derivatives product control experience would be an advantage
· Good Understanding of Financial Market products / instruments and Controller mindset