Product Control Analytics - Senior Associate at JPMorganChase · Newark

The candidate will join Treasury Chief Investment Office’s North America Product Control team whose principal responsibility is oversight and financial reporting of CIO’s hedging activity. The team’s primary focus is ensuring the proper implementation of Derivative Accounting and reporting policies as well as the preparation of related reports and analyses.

The objective of the Treasury/Chief Investment Office (TCIO) is to manage the Firm’s consolidated interest rate and FX risk through various investment and hedging strategies. TCIO executes market transactions using a diversified slate, including fixed income, FX and credit products. Risks managed by the TCIO include structural interest rate, mortgages and foreign exchange risk. Products utilized include fixed income securities, mortgage-backed securities, interest rate swaps, and cross currency swaps.

The candidate will join Treasury Chief Investment Office’s North America Product Control team whose principal responsibility is oversight and financial reporting of CIO’s hedging activity. The team’s primary focus is ensuring the proper implementation of Derivative Accounting and reporting policies as well as the preparation of related reports and analyses.

In addition to providing insight into the function of the Chief Investment Office, the role will provide the candidate with exposure to a range of products including interest rate swaps, cross currency swaps, and various fixed income products.

Position Responsibilities:

• Preparation & analysis of various daily P&L and position reports for Front Office
• Compile various analyses to explain P&L components and drivers of hedge activity
• Work closely with Technology teams to implement reporting requirements and resolve issues
• Implementation of new hedging strategies
• Oversight of various procedures and controls surrounding hedging activities
• Recommend areas for improvement and streamline processes where appropriate
• Participate in ad-hoc projects and other analytical requests

Skills Required:

• Basic understanding of Interest Rate Swaps, Cross Currency Swaps, Fixed Income Instruments and Debt products
• Knowledge of AI and experience with applying AI in practice is preferred
• Solid understanding of financial accounting and finance
• High motivation, a desire to learn, and ability to quickly climb learning curve
• Strong communication skills and the ability to interface effectively with Front Office, Operations and Technology teams
• Ability to manage individual projects and meet deadlines with minimal supervision
• Exposure to hedging and/or derivative products is a plus

Additional Information:

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

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.

About the Company

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