Product Control - External Reporting, Associate
JPMorgan Chase
- Brooklyn, NY
- Permanent
- Full-time
- Supporting the preparation of monthly/quarterly regulatory reporting requirements (10Q/10K, Rep Letter that reports on quarterly key financial metrics & control comments, Volcker, Reg W, Reg K, etc.) through partnership with regional Product Controllers and Central CIB Reporting. Key submissions include loans, off-balance sheet commitments, equity investment, fair value measurement including leveling the balance sheet products to three-level fair value hierarchy, cash flows, and providing commentaries for P&L movements.
- Assisting with daily/weekly/monthly balance sheet sign-off to CIB Treasury.
- Assisting with Recovery & Resolution responsibilities which include BAU appendices review and annual plans including Sub-LOB, Object of Sale, and Insured Depository Institution Resolution Plan.
- Supporting the balance sheet forecasting and planning cycles by working with key finance contacts in Product Control, P&A, Central CIB Reporting and other IB and Corporate Finance groups.
- Analyzing balance sheet forecast and actual results by investigating discrepancies across regions and provide consolidated commentary on businesses.
- Assisting with reporting on Product Control P&L and Risk Control Scorecard.
- Performing and developing processes in line with the firms control framework and participating in audit testing.
- Developing and updating standard operating procedures.
- 3+ years relevant experience of financial services, with product knowledge of a CIB line of business.
- Bachelor's degree in accounting, Finance, or a related field.
- Intermediate skills in Excel / Alteryx and PowerPoint.
- Strong analytical and critical thinking skills with ability to analyze large data sets and present conclusions concisely.
- Inquisitive mindset that is comfortable with ambiguity and happy to challenge to status quo.
- Strong verbal and written communication skills, with the ability to articulate complex issues clearly.
- Ability to create ad hoc reporting for senior management.
- Highly motivated and able to thrive and think clearly under pressure and tight deadlines.
- Works well both independently and as part of a team.
- Self-starter with excellent time management/prioritization skills.
- Desire to expand technical skills through automation tools such as Alteryx & Tableau