We're seeking a dynamic associate to join our Global Banking - North America Capital Markets Product Controller team. This role is crucial for accurate financial reporting for our Global Investment Banking business, supporting a wide range of equity and debt products. Our team provides strategic advice, capital raising, and risk management expertise to diverse clients. The role also involves expanding our on-balance sheet client financing options and facilitating innovation for start-ups. This position offers a unique opportunity to support the P&L and Risk production for the North America Capital Markets business, with a focus on private equity investments and loan origination.
As a Global Banking - North America Capital Markets Product Controller Associate within the Product Controller team, you will be responsible for ensuring accurate financial reporting for Global Investment Banking business. You will have the opportunity to support a diverse portfolio of public and private equity and debt products, and work closely with various teams across the organization. This role will provide you with a unique opportunity to learn about Capital Markets products, accounting intricacies, and valuation methodologies. Your strong accounting, communication, and teamwork skills will be critical in developing strong partnerships across multiple functions and regions.
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Job Responsibilities:
- Review significant and complex transactions to determine accounting treatment of equity and loan syndications in line with corporate accounting policy.
- Act as the lead on the continued build out the various equity initiatives, partnering with Front Office, Treasury, Operations, Risk, Planning & Analysis, Business Managers, Financial Control to ensure transactions are seamlessly executed and reported appropriately, and lead high exposure projects.
- Own Month-end close - ensure financials are accurate and reported timely by mitigating risks and implementing effective controls.
- Manage end-to-end booking model for equity and debt investments, requiring coordination and strong relationships with both internal and external counterparts.
- Manage compliance with P&L, Legal Entity and Product Control standards as well as all applicable corporate accounting policies.
- Partner with Corporate Tax, Legal Entity Control, Legal and other key stakeholders to execute new SLAs (stand-alone agreements).
- Manage investigation, explanation and communication of business drivers underpinning significant financial movements and variances for Front Office, Legal Entity Controller, Corporate Reporting and partners in other regions.
- Maintain continuous improvement through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control and reporting environment.
Required qualifications, capabilities, and skills:
- Bachelor's Degree in Finance/Accounting and 3+ years related business experience required
- Prior experience in Loan and Private Equity accounting
- Dynamic team player able to adapt to changing environment and multiple demands
- Self-starter, independent worker, ability to think outside of the box; good interpersonal, communication and influencing skills
- Strong organizational and time management skills: able to work on multiple projects with competing deadlines
- Strong written and verbal communication skills to interface globally with all levels of the organization
Preferred qualifications, capabilities, and skills:
- Excellent soft and technical skills including extensive experience using Excel and PowerPoint, Alteryx, Xceptor, and Tableau; experienced in writing macros.
- Controls focused and strong attention to detail is key; accounting qualification preferred but not essential
- Organized and comprehensive project management approach
- Familiar with SAP, CDGL, LIQ, Essbase, LIQ
ABOUT US
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.