Chief Investment Office - Product Controller

Location: Newark, DE, United States

Job Family: Controller

About the Role

At JP Morgan Chase, the Chief Investment Office (CIO) plays a pivotal role in managing the firm's internal investments, ensuring optimal returns while mitigating risks across a diverse portfolio of assets. As a Product Controller in the CIO, you will be at the forefront of driving financial accuracy and robust controls for our investment products. This position demands a strategic mindset to oversee P&L attribution, valuation processes, and reconciliation activities, all while partnering with investment strategists and risk teams to deliver actionable insights. Based in Newark, DE, you will contribute to the firm's commitment to excellence in a dynamic environment that values innovation and precision in financial services. Your core responsibilities will include leading the control framework for multi-asset class products, conducting in-depth variance analysis to identify and resolve discrepancies, and ensuring adherence to JP Morgan's stringent regulatory and internal standards such as SOX and IFRS. You will collaborate cross-functionally to validate complex pricing models for derivatives and fixed income instruments, while implementing technology-driven solutions to enhance efficiency. This role offers the opportunity to influence high-impact decisions, supporting the CIO's mandate to safeguard and grow the firm's assets in a competitive global market. We seek a seasoned professional with deep expertise in financial controlling within investment banking, capable of thriving in a fast-paced setting. At JP Morgan Chase, you will join a world-class team dedicated to pushing the boundaries of financial innovation, with access to unparalleled resources for professional growth. This position not only challenges you to maintain the highest standards of accuracy but also empowers you to shape the future of risk management in one of the world's leading financial institutions.

Key Responsibilities

• Oversee the financial control processes for the Chief Investment Office's product suite, ensuring accuracy in P&L reporting and balance sheet reconciliation
• Develop and implement robust risk management frameworks to mitigate financial exposures in investment portfolios
• Conduct detailed variance analysis on investment performance, identifying discrepancies and recommending corrective actions
• Collaborate with investment teams, traders, and risk managers to validate product valuations and pricing models
• Ensure compliance with internal JP Morgan policies and external regulatory standards, including timely reporting to senior management
• Lead the monthly and quarterly close processes for CIO products, driving efficiency and accuracy
• Mentor and develop a team of product controllers, fostering a culture of precision and innovation
• Analyze market impacts on investment products and provide strategic insights to CIO leadership
• Implement automation and technology solutions to enhance control processes and reduce operational risks
• Support ad-hoc projects such as new product launches or system migrations within the CIO framework

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree (MBA or Master's in Finance) preferred
• Minimum of 7-10 years of experience in financial controlling, product control, or risk management within investment banking or asset management
• Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation
• Proven track record in managing financial reporting and controls for investment products in a large financial institution
• Strong understanding of regulatory requirements such as SOX, Basel III, and IFRS/US GAAP
• Experience with financial modeling and valuation of complex investment products including derivatives and fixed income
• Ability to work in a fast-paced, high-stakes environment with cross-functional teams

Preferred Qualifications

• Experience at a major investment bank like JP Morgan Chase or similar
• Knowledge of JPMorgan's proprietary systems such as Athena or internal risk management tools
• Prior leadership role in a product control team overseeing multi-asset class portfolios
• Familiarity with sustainable investing and ESG integration in financial controls
• Advanced proficiency in data analytics for financial reconciliation and reporting

Required Skills

• Financial modeling and Excel proficiency
• Knowledge of derivatives, fixed income, and equity products
• Risk assessment and mitigation techniques
• Regulatory compliance and reporting
• Data analysis using SQL or Python
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management
• Leadership and team development
• Attention to detail and accuracy in financial data
• Project management for control implementations
• Understanding of investment banking operations
• Adaptability to market volatility
• Proficiency in financial software like Bloomberg or Reuters
• Strategic thinking for business impact
• Ethical judgment in high-pressure environments

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced certifications
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness initiatives at JP Morgan locations
• Flexible work arrangements including hybrid options in Newark, DE

JP Morgan Chase is an equal opportunity employer.