Rates and Fixed Income Financing Trading Control Manager - Vice President

Location: New York, NY, United States

Job Family: Control Officers

About the Role

As a Vice President and Rates and Fixed Income Financing Trading Control Manager at JP Morgan Chase, you will play a pivotal role in safeguarding one of the world's leading investment banks' trading operations. Based in New York, NY, this position within the Control Officers category involves managing the comprehensive control environment for our Rates and Fixed Income Financing Trading business. You will ensure that all trading activities—from derivatives and bonds to repo financing—adhere to stringent internal policies and global regulatory standards, mitigating risks in a dynamic, high-stakes financial services landscape. JP Morgan Chase, with its unparalleled resources and global reach, offers a platform where your expertise can directly impact the firm's reputation and operational integrity. Your core responsibilities will include developing and overseeing control frameworks that cover the entire trade lifecycle, from pre-trade risk checks to post-trade settlements. You will collaborate closely with front-office teams to embed controls into daily trading workflows, while partnering with risk, compliance, and technology groups to leverage advanced tools for real-time monitoring. At JP Morgan, this role demands a proactive approach to identifying emerging risks in volatile markets, conducting thorough investigations into potential breaches, and driving enhancements through data-driven insights. Your leadership will foster a culture of accountability, ensuring our trading desk operates efficiently and resiliently amid evolving regulations like Dodd-Frank and Basel III. This position is ideal for a seasoned professional passionate about financial controls in fixed income markets. Joining JP Morgan Chase means contributing to a firm renowned for innovation in global finance, with opportunities for career growth in a supportive, high-performance environment. You will benefit from exposure to cutting-edge trading technologies and a network of industry experts, all while upholding the highest standards of integrity and excellence that define our institution.

Key Responsibilities

• Oversee the end-to-end control environment for the Rates and Fixed Income Financing Trading business, ensuring compliance with internal policies and external regulations
• Develop, implement, and maintain robust control frameworks to mitigate operational, market, and credit risks in trading activities
• Conduct regular reviews and assessments of trading controls, including pre-trade validation, real-time monitoring, and post-trade reconciliation
• Collaborate with front-office traders, middle-office risk teams, and back-office operations to identify and remediate control gaps
• Lead investigations into control breaches or incidents, providing root cause analysis and corrective action plans
• Monitor key risk indicators (KRIs) and escalate issues to senior management and regulatory bodies as needed
• Drive continuous improvement initiatives in control processes, leveraging technology and automation within JP Morgan's trading platforms
• Ensure adherence to JP Morgan's Code of Conduct and contribute to firm-wide control enhancement programs
• Mentor and develop junior control staff, fostering a culture of risk awareness in the trading business
• Interface with external auditors and regulators on control-related matters specific to fixed income financing

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 7-10 years of experience in risk management, control, or compliance within financial services, particularly in trading or fixed income markets
• Deep knowledge of rates and fixed income products, including derivatives, bonds, and financing structures
• Proven track record in managing control environments for trading desks at a major financial institution
• Strong understanding of regulatory requirements such as Dodd-Frank, EMIR, and Basel III as they apply to fixed income trading
• Experience with end-to-end trade lifecycle management and control processes in a high-volume trading environment
• Professional certifications such as CFA, FRM, or CPA

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) from a top-tier institution
• Prior experience at a bulge-bracket bank like JP Morgan Chase in rates or fixed income trading controls
• Familiarity with JP Morgan's internal control frameworks and risk management systems
• Hands-on experience with data analytics tools for control monitoring in trading operations
• Leadership experience managing cross-functional teams in a global financial services context

Required Skills

• Expertise in fixed income products and rates trading strategies
• Proficiency in regulatory compliance and risk management frameworks
• Strong analytical skills for assessing trading risks and controls
• Knowledge of trade lifecycle processes in financial markets
• Experience with control testing and audit methodologies
• Leadership and team management abilities
• Excellent communication skills for stakeholder engagement
• Proficiency in data analysis tools like SQL, Excel, or Python
• Understanding of JP Morgan's proprietary trading systems
• Problem-solving skills for incident resolution
• Attention to detail in high-pressure environments
• Project management for control improvement initiatives
• Familiarity with market data sources and pricing models
• Adaptability to evolving regulatory landscapes
• Ethical judgment in compliance decision-making

Benefits

• Competitive base salary and performance-based annual bonus
• 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 opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities within JP Morgan Chase's network

JP Morgan Chase is an equal opportunity employer.