CIB - Finance & Business Management - Fixed Income Product Controller - Analyst

Location:Sydney
Job Type:Full Time

Who We Are

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

What it Means To Work Here

Here, you'll feel welcomed and valued. Our clients, transactions, deals and projects are global so we work hard to create diverse, inclusive teams that support our business and each other. Learn about our culture here.

About J.P. Morgan’s Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $26 trillion of assets under custody and $485 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.

The Australian Fixed Income Product Control team supports the Rates and Financing business for Australia & New Zealand in the Corporate & Investment Bank (CIB) division of JP Morgan. Its core function is to ensure the integrity of the bank’s financial records as represented in its general ledger, as well as monitor the risk for the business. As a product specialist you will be dealing with fixed income products (bonds, repos, swaps, futures and FX forwards) on daily basis and assist with multiple tasks including P&L reconciliation and risk reporting so solid product knowledge around markets products is a must.

Your key responsibilities will include:

  • Understand P&L drivers for fixed income products as well as the underlying market risks for these instruments

  • Analysis of balance sheet movements and implications on funding for the business and maintaining one or more core reconciliation processes

  • Work closely with multiple stakeholders including front office, market risk, valuation control group, middle office and business management so partnership and communication skills are required

  • Execution of ‘month-end close’ processes, including management of non-USD earnings exposure and assist with regulatory reporting for offshore regulators under US GAAP

  • Constant focus on operating efficiently and improving processes while maintaining a strong control environment as well as being involved in different ad-hoc reports



To be successful you will need:

  • 2+ years’ experience in similar roles with a Degree in Accounting/Mathematics/Economics/Commerce preferred
  • Strong product knowledge including understanding of market risk is a must
  • Prior knowledge of US GAAP is highly desirable along with accounting knowledge of markets products required
  • Strong analytical and excel skills will be desirable for this role
  • Fluent verbal & written communication skills combined with strong interpersonal skills in order to build strong partnerships

J.P. Morgan is an equal opportunity employer and is committed to providing a working environment that embraces and values diversity and inclusion. We are proud to achieve Bronze Employer status in the 2019 Australian Workplace Equality Index (AWEI). If you have any support or access requirements, we encourage you to advise us at time of application.