Overview
Finance & Business Management’s (F&BM) goals are to ensure sound control environments and provide financial advice to support the business strategy. Within F&BM, 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, both financial and regulatory, as well as ensuring execution and implementation of the overall financial architecture.
The Securitized Products Group (SPG) is part of Markets within Corporate & Investment Bank. The business actively engages in the following business activities:
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Acquires or originates, warehouses, and subsequently securitizes consumer and other financial assets
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Makes markets in existing securitized financial assets
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Provides financing of consumer and other financial assets for clients
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Underwrites securitizations for third parties
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Structures and trades in derivative products linked to securitized products
Position Description & Responsibilities
We are looking for an Analyst to join a multi-regional staff responsible for the activities listed below. Specifically, this Product Control team covers a variety of SPG businesses including ABS Trading, Non-Agency RMBS Trading, Mortgage Finance (lending), and several whole loan mortgage businesses, as well as several derivatives desks.
Key responsibilities of the Product Control team are:
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Production, preparation and reporting of the daily P&L and risk to various stakeholders, including senior CIB and senior Trading personnel.
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Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed.
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Review with FO to obtain sign-off of P&L and risk, and address any ad hoc requests and queries.
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First point of contact for FO for all financial and performance information.
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Coordinate month-end closing of books, ensuring accurate and reconciled balance sheet, income statement, and other financial statements.
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Liaise with middle office areas, back office, VCG and technology development groups as appropriate.
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Work with various stakeholders to support new business activities, including ensuring proper accounting, system flow, downstream reporting, etc.
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Work with Market Risk Coverage to report, validate and reconcile key risk metrics in various reports including limits and daily reporting packs.
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Manage projects and initiatives related to all of the above as well as larger cross-business programs as required.
Requirements & Qualifications
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Certified Public Accountant or strong accounting background highly preferred,
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Strong understanding of Securitized Products in their various forms (Loans, Securities, and Derivatives),
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Strong analytical, problem-solving abilities and detail oriented
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Good written and verbal communication skills
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Ability to multitask and prioritize effectively
Advantageous
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Accounting / Control experience- a professional accounting qualification, e.g. CPA, ACA, CIMA
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CFA charter holder
About Us
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- Certified Public Accountant or strong accounting background
- Strong understanding of securitized products (loans, securities, derivatives)
- Strong analytical and problem-solving abilities; detail oriented
- Good written and verbal communication skills
- Ability to multitask and prioritize effectively
- Accounting / Control experience; professional accounting qualification (CPA, ACA, CIMA)
- CFA charter holder
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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