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JPMorgan EMEA Rates Product Control - Associate 
Poland, Masovian Voivodeship, Warsaw 
277434457

17.08.2024

As the EMEA Rates Product Control - Associate, you will have the independence to perform accurate and timely analysis of daily P&L and Risk for the Rates trading desk. You will have extensive interaction with the Front Office trading desk, Market Risk and wider support functions team and will be required to have strong communication skills, be self-motivated and able to work independently without material supervision. This role will also provide an excellent opportunity to learn and gain an in-depth understanding of Interest Rate trading strategies and risk management techniques via exposure to one of the highest ranked Rates trading desk in Europe. The Rates business trades a wide range of interest rate products such as Bonds, Repo, Interest Rate Swaps and FX forwards across various curves and tenors within multiple European markets.

Job responsibilities

  • Reviews daily and reports of P&L and Risk
  • Validates and understands daily P&L explains, entailing review of Volcker attributions, first order & higher order explains and residual amounts.
  • Identifies, designs and implements new controls and processes around the P&L production to drive efficiencies and to keep up to date with Global Product Control standards
  • Participates in a wide range of on-going and new projects ensuring the needs and requirements of Product Control are met
  • Provides daily/weekly/monthly P&L commentaries to senior management, explaining P&L in terms of desk's risk position, strategy and economic factors
  • Liaises with Financial Control to investigate and remedy cash flow breaks and review of the FX balances
  • Partners with the business to drive forth and implement robust controls and new business initiatives
  • Drives 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
  • Strong analytical and problem-solving skills with excellent attention to detail
  • Ability to challenge efficiency and drive forward on change and innovation of processes
  • Excellent communication skills with ability to understand/explain complex concepts