Equities Product Controller - Senior Associate

Location: Brooklyn, NY, United States

Job Family: Controller

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client service. The Equities Product Controller - Senior Associate role within our Corporate & Investment Bank division offers an exciting opportunity to support our dynamic equities trading team in Brooklyn, NY. As a key member of the product control function, you will play a vital role in ensuring the integrity of financial reporting, risk management, and operational controls for a high-volume equities portfolio. This position demands a blend of technical expertise and business acumen to navigate the complexities of global markets, contributing to the firm's commitment to excellence in financial services. In this role, you will be responsible for daily P&L reconciliations, variance analysis, and collaboration with cross-functional teams to validate trading activities. You will monitor key metrics, support regulatory compliance, and drive process improvements to enhance efficiency and mitigate risks. Working closely with traders, quants, and senior leaders, you will provide actionable insights that inform strategic decisions in the fast-paced world of equities trading. This is an ideal position for a finance professional passionate about the intersection of accounting, risk, and market dynamics within a prestigious institution like JP Morgan Chase. JP Morgan Chase values diversity, inclusion, and professional growth, offering robust training programs and career advancement opportunities. Join our team in Brooklyn and be part of a culture that fosters innovation while upholding the highest standards of integrity and client focus. If you have a strong foundation in financial controls and a drive to excel in a collaborative environment, this Senior Associate role will allow you to make a meaningful impact on one of the world's most influential financial organizations.

Key Responsibilities

• Perform daily profit and loss (P&L) reconciliations for the equities trading desk to ensure accuracy and compliance
• Analyze trading book variances and provide detailed explanations to senior management
• Support month-end and quarter-end close processes, including financial statement preparation
• Collaborate with front-office traders and middle-office teams to validate trade bookings and pricing data
• Monitor and report on key risk metrics for equities products, identifying potential exposures
• Assist in regulatory filings and audits related to equities activities
• Develop and maintain control procedures to mitigate operational risks in the equities portfolio
• Provide ad-hoc analysis and support for strategic initiatives within the equities business
• Ensure adherence to JP Morgan Chase's internal policies and global accounting standards
• Mentor junior team members and contribute to process improvements in product control

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in product control, financial reporting, or a similar role within the financial services industry
• Strong understanding of equities products including stocks, derivatives, and exchange-traded funds
• Proficiency in financial reconciliation processes and regulatory reporting requirements
• CPA, CFA, or equivalent certification
• Experience with large-scale financial data analysis and variance reporting
• Ability to thrive in a high-pressure, fast-paced environment

Preferred Qualifications

• Advanced degree (MBA) in Finance or Accounting
• Prior experience at a major investment bank like JP Morgan Chase
• Knowledge of JPMorgan's internal control systems and risk management frameworks
• Familiarity with SEC and FINRA regulations specific to equities trading
• Experience using Aladdin or similar portfolio management tools

Required Skills

• Financial modeling and forecasting
• Data analysis using Excel and VBA
• Knowledge of SQL for database querying
• Understanding of derivatives pricing and valuation
• Regulatory compliance and reporting
• Attention to detail and accuracy
• Problem-solving and analytical thinking
• Strong communication and presentation skills
• Team collaboration and stakeholder management
• Time management in fast-paced settings
• Risk assessment and mitigation
• Proficiency in accounting software like SAP or Oracle
• Adaptability to changing market conditions
• Ethical judgment in financial reporting
• Project management for control enhancements

Benefits

• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced certifications
• Employee stock purchase plan and performance-based bonuses
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Flexible work arrangements, including hybrid options in Brooklyn, NY
• Access to global mobility opportunities within the JP Morgan Chase network

JP Morgan Chase is an equal opportunity employer.