Differential Discounting Product Control – Associate at JPMC Candidate Experience page

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

13 May, 26

Salary

0.0

Posted On

12 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Numerical Skills, Analytical Skills, Interest Rate Products, FRA, IR Swaps, XCCY Swaps, Discounting Calculations, MS Excel, Macro Construction, Accounting, US GAAP, UK GAAP, Internal Controls, Risk Assessment, Communication Skills, Multi-tasking

Industry

Financial Services

Description

Are you ready to make an impact in a fast-paced trading environment? At JPMorgan Chase, you’ll play a key role in managing complex derivative financing risks and supporting business decisions. Our Differential Discounting Product Control team is at the forefront of risk management, financial reporting, and regulatory compliance. You’ll collaborate with senior leaders and drive meaningful change across the organization. This is your opportunity to grow your expertise and advance your career in a dynamic, global financial institution. As a Differential Discounting Product Control Associate in the IB Finance and Business Management team, you help us manage CSA-specific discounting risks and ensure accurate financial and regulatory reporting. You work closely with trading desks, business management, and support functions to deliver key business insights. You drive the control agenda, support technology and regulatory initiatives, and foster strong relationships across the organization. Together, we create a robust control environment and support strategic business decisions. Job Responsibilities Reconcile and report profit and loss figures from dealer estimates to General Ledger postings Analyze and report key business risk measures for the Differential Discounting business Own and validate inputs to Value-at-Risk (VaR) calculations Ensure end-to-end integrity of deal data on bank systems Investigate and resolve discrepancies between front and back-office systems Advise the business on accounting, regulatory, and booking issues Participate in new product approval and sign off business unit financial statements Support business unit strategy and management with financial analysis Develop and maintain relationships with senior Front Office, Business Management, and support functions Liaise with business and risk managers to further the control agenda Adapt to changing priorities in a fast-paced, trading and month-end environment Required Qualifications, Capabilities, and Skills Strong numerical and analytical skills Understanding of interest rate products, including FRA, IR and XCCY Swaps, tenor/currency basis, and discounting calculations Proficiency in spreadsheets (MS Excel), including formulae and macro construction or willingness to learn Ability to interact effectively in a trading room environment and develop partnerships across teams Proficiency in accounting and knowledge of US and UK GAAP Solid understanding of internal controls and risk assessment concepts Self-starter with a strong interest in learning Ability to work well under pressure, with attention to detail and tenacity Excellent written and verbal communication skills Strong multi-tasking and organizational skills Relevant experience in finance, product control, or risk management Preferred Qualifications, Capabilities, and Skills Experience with regulatory, credit, market risk, tax, and accounting issues related to derivatives Familiarity with technology systems supporting trading and risk management Experience supporting technology, business, or regulatory initiatives Ability to balance cooperative and responsive approaches with rigorous control standards Experience in a fast-paced trading or month-end environment Demonstrated subject matter expertise in product control Advanced Excel skills, including VBA/macros J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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. 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 Associate will reconcile and report profit and loss figures, analyze key business risk measures for the Differential Discounting business, and own/validate inputs to Value-at-Risk (VaR) calculations. They will also ensure data integrity, investigate discrepancies, and advise the business on accounting and regulatory issues.