EMEA Liquidity and Account Solutions Product Controller

Job Description

This position is in the overall EMEA Payments Product Control team that is responsible for both Core Cash Management, Liquidity Solutions, Commercial Card, and Merchant Services businesses. You will lead the EMEA Liquidity Product Control team. With the ever-increasing and demanding regulatory environment a Product Controller acts as a primary function to ensure the banks comply/attest to the regulatory requirements on the accuracy and completeness of financial statements.

As an EMEA Liquidity and Account Solutions Product Controller Vice President in the EMEA Treasury Services Product Control team, you will be responsible for the overall integrity and accuracy of the financial statements for the Liquidity business along with the overall governance of the Liquidity transaction control cycle and assist business in identifying and achieving its objectives.

Job Responsibilities

• Manages a team of 2 controllers (all based in London) you will be an experienced manager who can assist with prioritization and direction as well as training, development, empowering, motivating, and coaching of team members.
• Partners with other functions (Business Management, Middle Office, Technology, Front Office and Financial Control, etc.) and Product Control peers in other regions, partners with the EMEA Liquidity business and the wider Finance and Business Management team (Business Management, Financial Control, and Regional Partners) providing effective support and control oversight to help maintain a strong control environment and facilitate business growth.
• Oversights of the monthly Liquidity forecasting process in cooperation with the Liquidity Business Managers and Product partners.
• Coordinates month-end close, analysis of revenue drivers, balance sheet movements, and linkage of business activity to full financial results providing full and meaningful analysis and explanation of variances with appropriate supporting business drivers.
• Manages the impact to product control of legal entity and regulatory changes for the Liquidity business.
• Supports of the month-end close process in partnership with the Financial Control team (based in Delaware and Mumbai) through review of the EMEA Liquidity balance sheet and P&L including associated investigation and resolution of variances and associated month-end issues.
• Plays a role in new and ongoing EMEA Liquidity and finance-related projects (Aged Overdraft treatment, Global Liquidity dashboard, enhancing controls for example).
• Is on top of the technology agenda book of work and increasing the regional involvement in global initiatives whilst continuing to improve regional governance and oversight. Challenge existing control operating model and identification of control issues/risks resulting in increased efficiency and implementation of effective control processes.
• Participates in Internal Audit and/or Risk-driven product reviews and products deep dives. Also a key participant in new product approvals from a Finance Control perspective.
• Ensures rigorous compliance with control policies, standards, and procedures – e.g. P&L and Risk minimum standards compliance, Product Control accountability standards, Tax Transfer Pricing,
• Takes part in many transformational Liquidity initiatives and projects currently in flight and working closely with the LE Strategy projects team regarding GLASS, Onyx / Blockchain to name but a few.

Required qualifications, capabilities, and skills

• Qualified or part-qualified accountant (ACA/CIMA/ACCA) with vast experience and strong accounting and double entry skills who can comfortably navigate their way around a product P&L and balance sheet. Applicants qualified by experience will also be considered if they can demonstrate strong accounting skills.
• Proven skills and results in identifying and resolving control and risk management issues that may impact financial results
• Knowledge of Liquidity whilst advantageous, is not essential, but they must have sound commercial acumen and financial services industry awareness and product knowledge across a number of asset classes.
• Prior knowledge of cash accounts, nostros, and the cash management process would be beneficial to this role as Liquidity is integral to the smooth operation of cash accounts across JP Morgan
• Strong control mindset, with an attention to detail who can challenge the status quo, set the agenda, generates ideas and solutions to problems, embraces change, and drives it through to completion
• Ability to influence and direct the activities of resources outside of direct control
• Strong interpersonal, communication, and team-building skills.
• Ability to manage several projects and tasks concurrently and still deliver and execute on time is essential
• Proven managerial track record to manage junior and experienced resources

Preferred qualifications, capabilities, and skills

• Knowledge of digital accelerator applications would be of benefit to this role whether it be Alteryx, QlikSense, Tableau, Signavio, etc
• experience as a product controller who can bring knowledge and experience to the wider team along with a track record of execution on finance and business deliverables

About Us

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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQsfor more information about requesting an accommodation.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets, and securities services. The world’s most important corporations, governments, and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk, and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis, and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

For further information, and to apply, please visit our website via the “Apply” button below.