Finance and Business Management - Payments Product Control

Location: Newark, DE, United States

Job Family: Controller

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. We operate in over 100 markets, providing innovative solutions in investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Finance and Business Management - Payments Product Control role is a critical position within our Corporate & Investment Bank division, specifically supporting the Treasury Services businesses with a focus on Payments Rails. Located in Newark, DE, this Controller-category role involves overseeing the financial integrity of high-volume payments processing, ensuring accurate reporting and risk mitigation in a dynamic regulatory landscape. In this role, you will be responsible for the end-to-end product control of payments products, including real-time gross settlement systems and cross-border transactions. You will conduct daily profit and loss (P&L) reconciliations, analyze variances, and provide actionable insights to senior management to drive business performance. Collaboration with cross-functional teams, including traders, operations, and compliance, is essential to maintain robust controls and support strategic initiatives in Treasury Services. At JPMorgan Chase, we emphasize a culture of integrity and innovation, where your contributions will directly impact our leadership in global payments infrastructure. The ideal candidate thrives in a high-stakes environment, leveraging strong analytical skills to navigate complex financial data and regulatory requirements such as Dodd-Frank and EMIR. You will also contribute to forecasting, budgeting, and ad-hoc projects that enhance our payments ecosystem. Joining JPMorgan Chase offers unparalleled opportunities for career growth, exposure to cutting-edge fintech, and the chance to work with world-class professionals committed to delivering superior client outcomes.

Key Responsibilities

• Perform daily P&L analysis and reconciliation for Payments Rails products within Treasury Services
• Monitor and control financial risks associated with payments processing and settlement activities
• Prepare and review management reports, variance analysis, and forecasting for business leaders
• Collaborate with front-office teams to ensure accurate product pricing and revenue recognition
• Support regulatory reporting and audits, ensuring compliance with internal controls and external standards
• Identify and mitigate operational risks in payments workflows, including fraud detection
• Develop and maintain financial models to support strategic decision-making in Treasury Services
• Assist in budgeting and planning processes for the Payments Product Control team
• Liaise with technology teams to enhance data integrity in payments systems

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 controllership within the financial services industry
• Strong understanding of payments rails, treasury services, and banking products
• Proficiency in financial analysis, P&L management, and regulatory reporting
• Experience with risk management and compliance in a controlled financial environment
• Ability to work with large datasets and financial modeling tools

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or professional certification (CPA, CFA)
• Prior experience at a major financial institution like JPMorgan Chase
• Knowledge of global payments systems such as SWIFT, Fedwire, or real-time payments
• Familiarity with Basel regulations and SOX compliance

Required Skills

• Financial modeling and Excel proficiency
• P&L management and variance analysis
• Knowledge of payments and treasury products
• Regulatory compliance and risk assessment
• Data analysis using SQL or Python
• Strong analytical and problem-solving abilities
• Excellent communication and stakeholder management
• Attention to detail and accuracy in reporting
• Team collaboration in a fast-paced environment
• Understanding of GAAP and IFRS standards
• Project management skills
• Adaptability to changing financial regulations
• Proficiency in financial software like Alteryx or Tableau
• Critical thinking for business insights

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
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JPMorgan Chase locations
• Flexible work arrangements and hybrid work options in Newark, DE

JP Morgan Chase is an equal opportunity employer.