America Credit Portfolio Group (XVA) Product Control - Senior Associate at JPMC Candidate Experience page

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

145000.0

Posted On

26 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Control, P&L Management, Risk Management, CVA, FVA, Hedging Instruments, Analytical Skills, Attention To Detail, Control Focus, Communication Skills, Stakeholder Interaction

Industry

Financial Services

Description

Step into a pivotal role with the XVA Product Control team in New York, where your expertise will drive financial excellence and strategic innovation. This is your opportunity to shape the future of product control, managing P&L and risk with precision while collaborating with senior stakeholders across the finance organization. Join a dynamic environment that values your analytical prowess and leadership skills, offering a platform for growth and impact. As a senior associate within the Americas Credit Portfolio Group, you will have the opportunity to be part of the XVA Product Control team based in New York covering CVA (credit valuation adjustment) and FVA (funding valuation adjustment). You will be working with a wide range of products from CVA/FVA to various hedging instruments (Credit, Rates, Equity, Commodity, FX). This role is a perfect fit for someone with extensive Product Control knowledge and expertise who is ready to take their career to the next level. You will be responsible for both P&L and Risk, interacting with a range of stakeholders from Front Office, Market Risk Coverage and other key business and control functions. This role will give you the chance to interact with senior stakeholders across the finance organization, making it an important and significant aspect of your role. Job responsibilities Produce and report on the Daily P&L and Risk, ensuring it is completed in an efficient and controlled manner Ensure for integrity of the balance sheet and accounting for the business Provide detailed analysis and commentary on the financials to desk heads, business managers, and senior finance management Partner with the business and its stakeholders to implement robust controls and implement strategic initiatives Identify and implement continuous improvements and ensure processes adapt to meet changing systems and control requirements Required qualifications, capabilities, and skills 3+ years Product Control experience or equivalent Experience within Product Control related to CVA/FVA Excellent analytical skills and attention to detail including a strong control focus Excellent communication skills and ability to develop strong working relationships. Educated to at least Bachelor’s degree (or equivalent) level JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. 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 J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Responsibilities

The role involves producing and reporting on Daily P&L and Risk in a controlled manner while ensuring the integrity of the balance sheet and accounting for the business. Responsibilities also include providing detailed financial analysis and commentary to senior management and partnering with the business on control implementation and strategic initiatives.