Custody Product Controller, Vice President Job at JPMorgan Chase & Co., Brooklyn, NY

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  • JPMorgan Chase & Co.
  • Brooklyn, NY

Job Description

Job Description

The product control function provides support to the financial controllers and trading desks to ensure that the Profit & Loss, balance sheet, and month end close procedures are completed in a timely and accurate manner. Securities Services Product Controllers are part of the Corporate Investment Bank Finance team and are responsible for providing Product Controller support for the Custody, Fund Services, Alternative Investments Services, Depository Receipts and Agent Lending products. The Custody Product is the most significant product within Securities Services’ annualized revenue of $4.1bn and AUC of c. $27TR.

As a Custody Product Control Vice President within the Corporate Investment Bank Finance team, you will have an opportunity to work closely with Product & Business Managers, to drive a clear understanding of the business trends, especially around AUC and fees, and provide insightful analysis to facilitate effective management of the business in the region and globally. You will contribute to Product initiatives as they arise, understand the impact on Finance / the control environment and contribute towards provision of the appropriate financial analysis to support as well as ensuring adherence to product controller standards in the region.

Job responsibilities

  • Lead the North American Region product control team, mentoring and providing stretch to grow the team
  • Oversee of the monthly financial close, including forecasting, advising on adjustments, providing analysis and commentary
  • Provide detailed analysis and reporting on the financials to Product heads, business managers, and senior finance management
  • Partner with the business to drive forth and implement robust controls and new business initiatives
  • Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner
  • Engage with Business Management and Product to understand key drivers impacting the business to be able to highlight risks and opportunities to Plan, promptly escalate areas of concern help drive solutions and create a robust forecast for the rest of the year
  • Serve as an analytical and project support resource for product control

Required qualifications, capabilities and skills

  • 6+ years experience within Product Control, Financial Control, Accounting, or related area
  • Bachelor’s degree in Accounting, Finance, Business or related area
  • Solid understanding of financial products 
  • Previous P&L or risk experience
  • Strong analytical skills and attention to detail including a strong control focus
  • Excellent communication skills and ability to develop strong working relationships
  • Strong technical skills in using Excel and PowerPoint

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. 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

About the Team

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.

Job Tags

Bank staff,

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