Job: CIB F&BM Global Custody & Fund Services - Product Controller - Associate

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Job Description

J.P. Morgan's Corporate & Investment Bank is a global leaderacross banking, markets and investor services. The world's most important corporations,governments and institutions entrust us with their business in more than 100countries. With ~$20 trillion of assets under custody and ~$400 billion indeposits, the Corporate & Investment Bank provides strategic advice, raisescapital, manages risk and extends liquidity in markets around the world.

Custody & Fund Services (CFS) is a global provider ofsecurities services for institutional investors. CFS offers settlement, safekeeping,and asset servicing, along with fund accounting and administration, agentlending, and related services. The business generated $3.5 billion revenue in2016 on the back of $20 trillion in Assets under Custody and has approximatelyten thousand full-time employees across the globe.

The Product Control team is primarily responsible for the accuracyand completeness of daily and monthly P&L for the Global Cash &Liquidity Markets (CALM) and Collateral Management businesses within CFS. CALMprovides clients investment and liquidity solutions while Collateral Managementprovides clients solutions in managing their collateral posting and receivingneeds (within both securities and derivatives collateral agreements).

This role is suitable for a candidate looking to learn in-depth abouta business and work closely with stakeholders to ensure a strong controlenvironment. The right candidate is a self-starter, keen to learn and takeownership of processes in order to change them and improve them.

The team works closely with Finance and Business Management stakeholdersas well as the business, reporting key performance indicators and profitabilityanalysis.

Sample of keyresponsibilities:

P&L Reporting
  • Daily P&L and Position reporting and sign-off, including substantiation and review through comparison to business predicted revenues.
  • Analytical review of the P&L to understand and explain drivers of the daily P&L.
  • Analytical review of the P&L and how the business is performing versus their plan/budget.
  • Own the month-end reporting process, ensuring that books and records are accurate and complete, results are appropriately communicated to key stakeholders.
  • Provide ad hoc support to the business, Finance and Business Management.
  • Contribute to the annual budget and plan for the business.
  • Maintain a strong attention to detail in managing the processes you own, reviewing your own work and looking for better and more efficient ways to perform the tasks.
  • Pro-actively identify control gaps and manage the subsequent project plans to achieve resolution.
  • Support the team in implementation of projects and improvement initiatives.


  • Strong numerate background and attention todetail
  • Two to three years of banking experience,preferably in a finance role
  • Ability to work effectively & meetchallenging deadlines and be able to work under pressure
  • Analytical and quantitative aptitude - abilityto identify and solve problems independently
  • Team player with ability in managing dailyprocesses and interacting with the business
  • Strong interpersonal skills and communicationskills
  • Strong technical skills (Advanced Excel,Access is an advantage)
  • Enjoy working in a dynamic and changingenvironment
  • Controls focused and strong attention todetail is key