CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Department Description Treasury Services is part of the overall CIB Banking franchise and is a sub-line of business within the Corporate & Investment Bank ("CIB") line of business of the JPM Group. Treasury Services works with a broad range of clients, from large and middle-market corporations to financial institutions, public sector and governments.
Treasury Services ("TS") includes a broad range of products and services that enable clients to manage payments and receipts, as well as invest and manage funds. The primary products in Treasury Services include U.S. Dollar and International (Multi-Currency) Clearing, Automated Clearing House ("ACH") and all liquidity-related services. Additional product offerings include Lockbox, Disbursements, Cash Account and Information Services, Pay Connexion, Post Office Card Account, Foreign Exchange, Reconciliation Services, Check Deposits, Currency Services, and Escrow Services. Treasury Services provides these services to JPM Group clients (TS-originated clients, as well as clients originated in other sub-LOBs of the CIB, Commercial Banking ("CB"), Consumer & Community Banking ("CCB") and Asset and Wealth Management ("AWM")).
Role Description Product Control is responsible for the overall integrity and accuracy of the financial statements and the overall governance and control of the end to end transaction life-cycle. Product Control is an independent control function responsible for the accuracy and integrity of LOB books and records. This centres on both month end and quarter end close process to ensure the books and records, both income statement and balance sheet are closed appropriately, accurately and reconciled to reported P&L in DRR.
With the ever increasing and demanding regulatory environment a Product Controller acts as a primary function to ensure the banks comply/attest to the regulatory requirements on the accuracy and completeness of financial statements.
This position is in the overall EMEA Treasury Services Product Control team that is responsible for both Core Cash Management and Liquidity Solutions. The successful candidate will be part of the EMEA Core Cash Management Product Control team. The team focuses on a variety of Core Cash Management products from high value clearing to low value clearing, TSFX, multi-currency account services all designed to help Treasurers and CFO's of both financial institutions and corporates manage their global and regional payments activity; covering the end-to-end of Balance Sheet and Revenue. The role involves overall governance of the transaction control cycle and assisting the business in identifying and achieving its objectives.
Key Roles and Responsibilities
Key responsibilities include month end close, analysis of revenue drivers, balance sheet movements and linkage of business activity to full financial results providing full and meaningful analysis and explanation of variances with appropriate supporting business drivers.
Support of the month-end close process in partnership with the Financial Control team (based in Delaware and Mumbai) through review of the EMEA TS balance sheet and P&L including associated investigation and resolution of variances and associated month end issues.
Excellent partnership skills required with other functions (Business Management, Middle Office, Technology, Front Office and Financial Control etc.) and Product Control peers globally
Strong partnership with the EMEA TS business and the wider F&BM team (Business Management, Financial Control and Regional Partners) providing effective support and control oversight to help maintain a strong control environment and facilitate business growth.
Oversight of the monthly TS forecasting process in co-operation with the Business Managers and Product partners.
Further responsibilities will centre on managing the impact to product control of legal entity and regulatory changes.
Participate in Internal Audit and/or Risk driven product reviews and products deep dives. Also a key participant in new product approvals (NBIA's) from a Finance Control perspective.
Ensure rigorous compliance with control policies, standards and procedures - e.g. P&L minimum standards compliance (P&L sign-off and comprehensive explain)
Input and involvement into the many transformational TS initiatives and projects currently in flight and working closely with the LE Strategy projects team regarding GLASS and take down of GLE and Liquidity Spread tool, New Billing Platform, EUR auto convert for TSFX and migration of clients onto the new LE booking footpr int to name but a few.
This is a good opportunity for a Junior Associate looking for their next challenge with the potential for further responsibility in the fullness of time
Qualified or part-qualified accountant (ACA/CIMA/ACCA) with strong accounting and double entry skills who can comfortably navigate their way around a product P&L and balance sheet. Applicants qualified by experience will also be considered if they can demonstrate strong accounting skills.
Proven skills and results in identifying and resolving control and risk management issues that may impact financial results
Knowledge of Treasury Services whilst advantageous, are not essential, but they must have sound commercial acumen and financial services industry awareness and product knowledge across a number of asset classes.
Prior knowledge of cash accounts, nostros and the cash management process would be beneficial to this role as Liquidity is integral to the smooth operation of cash accounts across JP Morgan
Candidate must be a confident communicator (verbal, written and listening) who is used to dealing with numerous partners / stakeholders, works well under pressure, priortises and manages time well and manages expectations and anticipate needs appropriately in an environment that can change quickly so they also need to be flexible and adaptable to changing situations.
Strong control mindset, with an attention to detail who can challenge the status quo, set the agenda, generates ideas and solutions to problems, embraces change and drives it through to completion
Ideally candidate has experience as a product controller who can bring knowledge and experience to the wider team along with a track record of execution on finance and business deliverables
Ability to influence and direct the activities of resources outside of direct control
Strong interpersonal, communication and team-building skills. Ability to manage several projects and tasks concurrently and still deliver and execute on time
Enthusiastic, highly motivated and committed individual
To be considered for this role, you may be required to complete the video interview powered By HireVue.
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 and a member of the UK Government's Disability Confident Scheme.
Internal Number: 6279055
eFinancialCareers is a career site specializing in financial services.