Treasury & Chief Investment Office (TCIO) EMEA - Financial Control Associate - Based in London
For highly motivated and control-orientated candidates, Treasury and Chief Investment Office (TCIO) is looking for an associate within the financial control space.
Position Description:
The Treasury and Chief Investment Office (TCIO) sits at the very centre of the firm and directly influences the composition of the Firm's balance sheet and the activities of its four main LOBs: Asset Management (AM), Commercial Banking (CB), Corporate & Investment Bank (CIB) and Consumer & Community Banking (CCB).
TCIO is responsible for firmwide asset and liability management, including:
Aggregating and managing the interest rate risk of the firm's four main lines of business (LOBs), primarily through a global investment securities portfolio
Managing the firm's funding and liabilities through long-term debt and preferred stock issuances, and managing billions of short-term cash deployment activities
Aggregating and managing the firm's liquidity risk, including deploying the firm's excess liquidity and overseeing compliance with both internal and regulatory liquidity requirements
Managing the end-to-end risk-weighted asset (RWA) and capital measurement processes across the firm, ensuring efficient and appropriate management of firm capital, and managing the Firmwide Capital Stress Testing process
As a successful candidate, you will be based in London working with Front Office, Finance, Middle Office, Risk functions and other critical areas to support the business as we upgrade processes, technology systems and regional coverage whilst adapting to the changing regulatory environment. Finance and controller experience, demonstrating importance of ledger integrity, discipline, and timeliness, is a critical skillset for this role.
The emphasis is on partnership both within TCIO and with the rest of the bank and candidates must demonstrate the confidence to challenge the business, partners, and stakeholders. Communication and keeping relevant stakeholders briefed at all times is another key attribute.
Key Responsibilities
- Month end Financial Close including P&L and Balance sheet analysis
- Quarter end regulatory reporting
- Close liaison with front office, middle office and other regional team to ensure timely and, accurate completion of deliverables
- Ad hoc tasks including projects
- AFS Securities and respective hedging strategies
- Derivatives such as Interest rate and FX swaps
- Money Markets Taking and Placings
Required qualifications, capabilities, and skills:
- Solid understanding of financial accounting and finance
- Good knowledge of financial markets and instruments such as securities, money markets, IRS, FX and payments
- Capable of prioritizing multiple tasks and deliverables and meeting recurring deadlines
- Ability to work on multiple tasks in parallel
- Strong project mindset - able to identify solutions and execute to conclusion with thoughtful analytical skills
- Good level of understanding of core bank technology useful
- Qualified Accountant (CIMA, ACCA, ACA)/Good technical skills in software such as MS Excel and Access.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.