External Reporting Controller- Associate
About the role
This role provides an excellent opportunity to learn and gain an in-depth understanding of Interest Rate trading and balance sheet strategies and risk management techniques through exposure to one of the highest-ranked Rates trading desks in the industry. The Global Rates business trades a wide range of products, including Bonds, Structured Notes, Credit-Linked Notes (CLN), Repo, Interest Rate Swaps, and FX forwards across EMEA, APAC, and North America.
As an External Reporting Controller—Associate in the Commercial & Investment Bank, you will oversee financial statements and management reporting, ensure a sound control environment, and provide guidance on accounting for products. You will also collaborate closely with the Front Office to optimize balance sheet and capital usage across the business and participate in key projects and initiatives.
Responsibilities
- Oversee financial statements and management reporting for the Global Rates Line of Business (LOB), ensuring compliance with corporate and regulatory requirements.
- Monitor the Global Rates Balance Sheet from Net Funding, Basel 3 liquidity ratios, Global Systemically Important Banks (GSIB), and leverage ratios perspectives.
- Provide analytic support to the Front Office to optimize balance sheet and capital usage across the Global Rates business.
- Offer guidance on accounting, regulatory, and capital treatment for new products, liaising with Corporate Accounting Policy and Regulatory Policy groups to ensure compliance with reporting requirements.
- Work with the Business/Front Office to ensure they fully understand developments in the Regulatory framework, including changes to the Capital framework, the impact of Risk Weighted Assets (RWA), GSIB surcharge, leverage ratios, and revenue recognition on structured deals.
- Represent the team and lead efforts around strategic initiatives and ongoing improvements in internal and external reporting processes.
- Establish and manage relationships with Front Office, CIB Treasury, and Corporate Financial Reporting teams.
Requirements
- 4+ years in a Finance organization with exposure to accounting, financial statements, regulatory reporting, and financial products.
- Strong understanding of end-to-end reporting and control processes.
- Excellent analytical, interpersonal, communication, and influencing skills.
- Ability to summarize complex information and deliver it at a business executive level.
- Self-motivated and willing to take initiative; ability to thrive in a changing work environment.
- Must be authorized to work in the United States; the company does not offer employment-based immigration sponsorship for this role.
Preferred Qualifications
- Experience in Product Control, Financial Control, and/or knowledge of Regulatory Reporting.
- Bachelor’s degree in Accounting or Finance preferred; CPA certification is a plus.
Benefits
- Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
- Commission-based pay and/or discretionary incentive compensation for eligible roles, awarded in cash and/or forfeitable equity.
- Comprehensive health care coverage, on-site health and wellness centers, and a retirement savings plan.
- Backup childcare, tuition reimbursement, mental health support, and financial coaching.
About the team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments. Corporations, governments, and institutions worldwide entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world.