EMEA Rates Exotics Product Controller – Vice President

Location: LONDON, United Kingdom

Job Family: Controller

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, we are seeking a highly skilled EMEA Rates Exotics Product Controller – Vice President to join our dynamic team in London. In this pivotal role within the Controller category, you will drive product control excellence and spearhead strategic initiatives for our EMEA Rates business, ensuring robust financial integrity in a fast-paced investment banking environment. Reporting to the Head of Product Control for Rates, you will oversee critical processes that support trading activities in interest rate derivatives, exotics, and structured products across European, Middle Eastern, and African markets. Your expertise will be essential in validating profitability, mitigating risks, and aligning with global standards at JPMorgan Chase, where innovation and precision define our approach to serving institutional clients worldwide. Key responsibilities include leading daily P&L controls, independent price verifications, and reconciliations for complex exotic instruments, while collaborating closely with front office, risk, and operations teams to resolve discrepancies and enhance forecasting accuracy. You will play a strategic role in implementing automation tools and data analytics to streamline controls, responding to evolving market dynamics such as LIBOR transition and rising geopolitical influences in EMEA. Additionally, you will ensure compliance with stringent regulations like EMIR and IFRS, contributing to firm-wide governance initiatives that uphold JPMorgan's reputation for reliability and transparency in financial services. This position offers a unique opportunity to lead a talented team, influence business strategy, and grow within a supportive culture that values diversity and professional development. At JPMorgan Chase, we invest in our people through comprehensive training, cutting-edge technology, and global exposure, empowering you to make a meaningful impact on one of the most sophisticated Rates franchises in the industry. If you thrive in a challenging environment and are passionate about financial controls, join us to shape the future of EMEA Rates at a firm committed to excellence and client success.

Key Responsibilities

• Lead daily and monthly product control processes for EMEA Rates Exotics, including P&L validation, independent price verification, and trade booking reconciliation
• Drive strategic initiatives to enhance control frameworks, automate reporting, and improve operational efficiency within the Rates product line
• Collaborate with front office trading desks, risk management, and finance teams to ensure accurate financial reporting and risk attribution
• Identify and mitigate control risks, including model validation for exotic derivatives and stress testing scenarios
• Oversee regulatory reporting obligations under EMIR and other EMEA-specific frameworks, ensuring compliance and timely submissions
• Mentor and develop a team of product controllers, fostering a culture of excellence and continuous improvement
• Analyze complex rates structures and exotics to support business decisions and profitability assessments
• Implement new product controls for evolving market conditions, such as interest rate volatility and ESG-linked derivatives
• Conduct ad-hoc analyses and investigations into P&L discrepancies or control breaches
• Contribute to firm-wide initiatives on data governance and technology integration for financial controls

Required Qualifications

• Bachelor's degree in Finance, Accounting, Mathematics, or a related quantitative field
• Minimum of 7-10 years of experience in product control, financial reporting, or risk management within investment banking
• Deep knowledge of rates derivatives, exotics, and structured products in the EMEA markets
• Professional certification such as CPA, ACCA, or CFA
• Proven track record in leading teams and managing complex financial control processes
• Strong understanding of regulatory requirements including IFRS, Basel III, and EMIR
• Experience with financial systems and data analytics tools in a high-volume trading environment

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Quantitative Finance
• Prior experience at a major investment bank in EMEA Rates product control
• Familiarity with JP Morgan's internal control frameworks and risk management systems
• Knowledge of emerging technologies like AI/ML for financial reconciliation and reporting
• International experience working across multiple EMEA jurisdictions

Required Skills

• Expertise in rates derivatives pricing models and exotic structures
• Proficiency in financial reconciliation and P&L attribution methodologies
• Strong analytical skills for handling large datasets and complex financial instruments
• Advanced Excel and VBA programming for automation
• Knowledge of SQL and Python for data querying and analysis
• Understanding of risk management frameworks in investment banking
• Excellent communication skills for stakeholder engagement across functions
• Leadership and team management abilities in fast-paced environments
• Attention to detail and problem-solving for control and compliance issues
• Regulatory knowledge of EMEA financial markets and reporting standards
• Project management skills for strategic initiatives
• Adaptability to dynamic market conditions and regulatory changes
• Interpersonal skills for cross-functional collaboration
• Quantitative modeling capabilities using tools like Bloomberg or Murex
• Ethical judgment in high-stakes financial decision-making

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Generous retirement savings plan with company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities and relocation assistance for international roles

JP Morgan Chase is an equal opportunity employer.