Global Clearing Product Control – Associate

JPMorgan Chase & Co.•New York, NY
•$83,600 - $115,000

About The Position

As a Global Clearing Product Control – Associate in the Corporate & Investment Bank, you will support Profit & Loss and risk reporting for the Global Futures & Options and Over-the-Counter Clearing business. The role offers exposure to regulatory reform, cross-functional collaboration, and strategic initiatives in a rapidly evolving financial markets environment. You will support daily operations while developing expertise in a critical area of the bank and markets.

Requirements

  • At least 2 years of experience in Product Control, Treasury Finance, Markets Finance, Financial Control, or related functions.
  • Bachelor’s degree in Finance or Accounting, or an equivalent degree.
  • Knowledge of U.S. Treasuries, repo, reverse repo, securities financing transactions, or interest rate products.
  • Advanced quantitative and analytical skills with attention to detail.
  • Excellent written and verbal communication and presentation skills.
  • Ability to multitask and execute various deliverables in a fast-paced environment.
  • Ability to implement and maintain effective controls.
  • Self-motivated, results-driven, and able to forward operational change.
  • Proficiency in Microsoft Excel, Outlook, and PowerPoint.
  • Authorization to work in the United States; employment-based immigration sponsorship and other immigration sponsorship or benefit assistance are not offered.

Nice To Haves

  • Experience with Alteryx and VBA.
  • Understanding of clearing, collateral, margin, or exchange-traded derivatives markets.

Responsibilities

  • Own daily Profit & Loss and month-end close processes for the Clearing Desk.
  • Analyze key Profit & Loss drivers and provide detailed attribution and commentary on daily and monthly movements to desk heads, business managers, and senior finance management.
  • Compile and distribute Management Information Systems to the business, including monthly financials and ad hoc requests.
  • Partner with Front Office, Treasury desk, Operations, Risk, and Technology teams to identify, investigate, and resolve control, reporting, and Profit & Loss issues in a timely manner.
  • Build partnerships with the Clearing Desk to understand business strategy, investment and revenue-generating activities, and resulting financial and balance sheet impacts.
  • Ensure adherence to Corporate & Investment Bank product controller standards through robust controls, reconciliations, and issue resolution.

Benefits

  • Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
  • Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
  • Comprehensive health care coverage.
  • On-site health and wellness centers.
  • Retirement savings plan.
  • Backup childcare.
  • Tuition reimbursement.
  • Mental health support.
  • Financial coaching.
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