Product Control Associate- Chief Investment Office

Location: Newark, DE, United States

Job Family: Product Control

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The Chief Investment Office (CIO) manages the firm's principal investments, playing a critical role in optimizing capital allocation and generating returns. As a Product Control Associate in the CIO, you will be at the heart of ensuring the integrity of financial reporting and risk management for these strategic investments. This role, based in Newark, DE, offers an opportunity to join a dynamic team within one of the world's most respected financial institutions, contributing to high-impact decisions that drive JPMorgan Chase's long-term success. In this position, you will validate the Profit & Loss (P&L) and risk metrics for a diverse portfolio of investments, including fixed income, equities, derivatives, and alternatives. Your primary focus will be on independent verification of front-office calculations, identifying variances, and providing actionable insights to CIO leadership. You will collaborate closely with traders, risk managers, and finance professionals to reconcile discrepancies, support regulatory compliance, and enhance control frameworks. Utilizing advanced tools like Excel, SQL, and Python, you will automate processes to improve efficiency and accuracy in a fast-paced environment influenced by global market dynamics. JPMorgan Chase values innovation, integrity, and professional growth, offering robust training programs and career development opportunities. This role is ideal for analytically minded professionals passionate about financial services, providing exposure to sophisticated investment strategies and the chance to build a rewarding career at a firm renowned for its commitment to excellence and client service. If you thrive in a collaborative setting and have a keen eye for detail, join us in safeguarding the financial health of JPMorgan Chase's CIO investments.

Key Responsibilities

• Validate daily and monthly Profit & Loss (P&L) attributions for CIO investment portfolios, ensuring accuracy and reconciliation with front-office systems
• Perform independent risk assessments and stress testing on investment positions held under the Chief Investment Office
• Analyze variances in P&L and risk metrics, investigating discrepancies and providing explanatory reports to senior management
• Collaborate with trading, risk management, and finance teams to enhance control processes and mitigate operational risks
• Support regulatory reporting and compliance requirements for CIO investments, including preparation of financial statements
• Develop and maintain automated tools for P&L and risk validation using Excel, VBA, or Python
• Monitor market data feeds and ensure data integrity for investment valuations
• Contribute to ad-hoc projects, such as new product implementations or process improvements within Product Control
• Assist in the preparation of management reporting and presentations for CIO leadership
• Ensure adherence to JPMorgan Chase's risk management policies and internal controls

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related quantitative field
• Minimum of 1-2 years of experience in product control, financial reporting, or a related role within the financial services industry
• Strong understanding of financial instruments, including fixed income, equities, derivatives, and alternative investments
• Proficiency in financial modeling and P&L validation techniques
• Knowledge of regulatory requirements such as IFRS, GAAP, and SEC reporting standards
• Ability to work in a fast-paced, high-stakes environment with attention to detail

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or a quantitative discipline
• Experience with investment portfolios in a Chief Investment Office or asset management setting
• Familiarity with JPMorgan Chase's internal systems and processes
• Professional certification such as CPA, CFA, or FRM
• Prior internship or role at a major financial institution like JPMorgan Chase

Required Skills

• Financial modeling and valuation techniques
• P&L reconciliation and attribution analysis
• Risk assessment and stress testing methodologies
• Proficiency in Microsoft Excel (advanced functions, pivot tables, VBA)
• Knowledge of SQL for data querying and analysis
• Understanding of Python or R for automation and data processing
• Familiarity with Bloomberg or Reuters for market data
• Analytical thinking and problem-solving
• Attention to detail and accuracy in high-volume data environments
• Strong communication skills for reporting and stakeholder interaction
• Time management in deadline-driven settings
• Team collaboration across finance and trading functions
• Regulatory knowledge (GAAP, IFRS)
• Adaptability to evolving market conditions
• Ethical judgment in handling sensitive financial data

Benefits

• Comprehensive health, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to JPMorgan Chase's learning resources
• Employee stock purchase plan and performance-based bonuses
• Wellness programs with gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Newark, DE
• On-site amenities and commuter benefits for Delaware locations

JP Morgan Chase is an equal opportunity employer.