Global Rates Product Controller - 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 Global Rates Product Controller - Associate role within our Corporate & Investment Bank division is pivotal in maintaining the integrity of our financial reporting for the Global Rates business. Based in our state-of-the-art Brooklyn, NY office, you will play a key role in overseeing financial statements and management reporting, ensuring alignment with corporate policies and stringent regulatory requirements such as SOX and IFRS. This position demands a keen eye for detail and a deep understanding of rates products like interest rate swaps, bonds, and futures, as you collaborate across trading, risk, and operations teams to deliver accurate and timely insights. Your primary focus will be on P&L analysis, balance sheet reconciliations, and variance reporting to support decision-making in one of the world's largest rates trading portfolios. You will identify discrepancies, implement robust controls, and contribute to process improvements that enhance efficiency and compliance. Working in a dynamic environment, you will interact with senior stakeholders, support audit processes, and leverage advanced tools like Excel and SQL to analyze complex datasets. This role offers exposure to global markets and the opportunity to grow within JP Morgan Chase's esteemed Controller organization, where accuracy and innovation drive our success in the financial services industry. We value professionals who thrive in collaborative settings and are committed to upholding the highest standards of financial governance. As an Associate, you will mentor junior staff, stay abreast of regulatory evolutions, and contribute to strategic initiatives that safeguard our firm's reputation. Join JP Morgan Chase to advance your career in product control while making a tangible impact on our Global Rates franchise.

Key Responsibilities

• Oversee the preparation and review of financial statements and management reports for the Global Rates product line
• Ensure accurate P&L attribution, balance sheet reconciliation, and variance analysis for rates trading activities
• Monitor compliance with corporate policies, regulatory standards, and internal controls at JP Morgan Chase
• Collaborate with front-office traders, middle-office risk teams, and back-office operations to validate financial data
• Develop and implement enhancements to reporting processes and financial controls
• Support internal and external audits, providing detailed documentation and explanations
• Analyze market data and product performance to identify risks and opportunities
• Contribute to monthly, quarterly, and annual close processes for the Global Rates portfolio
• Mentor junior team members and foster a culture of accuracy and accountability
• Stay updated on evolving regulations and industry best practices in rates products

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 3-5 years of experience in financial controlling, product control, or management reporting within the financial services industry
• Strong understanding of financial statements, P&L analysis, and balance sheet reconciliation
• Knowledge of regulatory requirements such as SOX, Basel III, and IFRS for global banking operations
• Proficiency in financial modeling and data analysis tools
• CPA, CFA, or equivalent certification
• Experience in rates products including interest rate swaps, futures, and options

Preferred Qualifications

• Advanced degree (MBA) in Finance or Accounting
• Prior experience at a major investment bank like JP Morgan Chase
• Familiarity with JPMorgan's internal control systems and risk management frameworks
• Hands-on experience with derivatives pricing and valuation in a trading environment
• Proven track record in audit support and regulatory reporting for global markets

Required Skills

• Financial analysis and modeling
• P&L and balance sheet management
• Regulatory compliance knowledge
• Data validation and reconciliation
• Excel proficiency (advanced functions, VBA)
• SQL for database querying
• Derivatives and rates products expertise
• Risk assessment and mitigation
• Attention to detail
• Analytical thinking
• Communication and stakeholder management
• Problem-solving in fast-paced environments
• Team collaboration
• Time management and prioritization
• Adaptability to regulatory changes

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company match
• Generous 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 initiatives at Brooklyn location
• Flexible work arrangements and hybrid work options

JP Morgan Chase is an equal opportunity employer.