CIB F&BM - CIB Management Product Controller - Associate
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Newark, DE 19725
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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.
The Product Control team is part of CIB Finance and Business Management and provides financial services across business aligned teams. The CIB Management Product Control Associate will be responsible for the integrity, in terms of completeness and accuracy, of specific financial information provided to central CIB reporting teams and to Corporate Financial Reporting for consolidation into firm-wide external reporting requirements.
The Associate will be expected to investigate, explain and communicate the business drivers, underpin significant financial movements and variances for Front Office, Legal Entity Controllers, Corporate Reporting and other CIB and Corporate Finance groups. As such, the candidate must be able to meet the ad hoc nature of requests and quickly define views that prompt decisions by Senior Management. The role demands superior analytical skills, technical abilities and flexibility but provides a great opportunity for a highly motivated individual to gain a broad understanding of products and in addition build partnerships with Corporate and CIB Central Finance Teams.
Responsibilities will include, but are not limited to:
+ Ensure the accuracy and integrity of the financials (Financial and Management reporting)
+ Understand the drivers of CIB Management’s balance sheet and P&L, monitoring the balances, forecasting P&L and conducting robust variance analysis (month on month, quarter on quarter, and year on year)
+ Own key deliverables for Month and Quarter end Reporting. Manage reporting deadlines and deliver submissions on time.
+ Forecast financials on a monthly basis which includes balance sheet, RWA, revenues and expenses. Support and provide input on semi-annual and annual planning exercises.
+ Expense analysis: understand direct and indirect expenses and set up allocation rules to recover these expenses from other LOBs.
+ Support the businesses included in CIB Management and work with senior Business Partners (Legal, Tax, Diversity, Treasury, Corporate Events, OTS, Real Estate & others).
+ Assess and analyze key controls always focusing on maintaining/enhancing the strong control environment
+ Assist with Business Control agenda recording and reporting
+ Monthly and quarterly regulatory and RWA reporting and analysis
+ Communicate and coordinate across the global team to identify best practices and implement them
+ Ad hoc requests and projects
+ Understanding of accrual accounting, forecasting and management reporting
+ Comfort liaising with senior stakeholders in Finance, LEC, and SFO
+ Ability to build and maintain partnerships across other corporate financial, treasury, and accounting groups
+ Ability to understand business drivers and requirements and influence business managers and technology partners to deliver solutions to issues and problems
+ Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
+ Bachelor’s degree in Accounting / Finance preferred.
+ Superior analytical abilities
+ Strong communication and influencing skills
+ Excellent multitasking and prioritizing skills
+ Outstanding technical skills/ Strong knowledge of Excel
+ Ability to multitask and ready to deliver in a challenging environment
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.