JPMorgan EMEA Rates Product Control – Associate 

United Kingdom, England, London 

941047878

As an EMEA Rates Product Controller within the Exotics Rates trading desk, you will engage extensively with the Front Office trading desk, Market Risk, and wider support functions team. Your role will require strong communication skills, self-motivation, and the ability to work independently without significant supervision. You will be responsible for the independent, accurate, and timely analysis of daily P&L and Risk. This role offers an excellent opportunity to learn and gain a comprehensive understanding of Interest Rate trading strategies and risk management techniques through exposure to one of the highest-ranked Rates trading desks in Europe. You will be involved in the Exotic Rates business, which trades a wide range of interest rate products such as Yield Curve Spread Options, CMS, Bermudans, Digis alongside vanilla products like Swaptions, Interest Rate swaps, and XCCY swaps across various curves and tenors within multiple European markets.

Job Responsibilities

• Reviewing and reporting of P&L and Risk daily
• Validating and understanding daily P&L explains, entailing review of Volcker attributions, first order & higher order explains and residual amounts.
• Identifying, designing and implementing new controls and processes around the P&L production to drive efficiencies and to keep up to date with Global Product Control standards
• Participating in a wide range of on-going and new projects ensuring the needs and requirements of Product Control are met
• Providing daily/weekly/monthly P&L commentaries to senior management, explaining P&L in terms of desk's risk position, strategy and economic factors
• Liaising with Financial Control to investigate and remedy cash flow breaks and review of the FX balances
• Partner with the business to drive forth and implement robust controls and new business initiatives
• Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner

Required Qualifications, Skills and Capabilities

• Work experience within Product Control, Financial Control, Accounting, or related area
• Bachelor’s degree in Accounting, Finance, Business or related area