Corporate & Investment Banking - Capital One Product Controller - Vice President

27 May 2024

Vacancy expired!

The Corporate Investment Banking (CIB) line of business within JPMorgan provides clients with advisory and financial structuring services. The Finance and Business Management (F&BM) group provides financial advice to support the business strategy and helps to ensure a sound control environment.Business BackgroundCapital Connect is a new business initiative that connects startup founders with venture capital investors to simplify the fundraising process with the focus on serving the financing needs of startups from their early stages. On Capital Connect, startup founders can ask for introductions to investors, build virtual data rooms and potentially trade their company shares on a secondary marketOrganizationThe Product Controller team is an integral component of the CIB Finance & Business Management (F&BM) function, and is responsible for providing business advisory and accounting support, control oversight and integrity of the financial statements and transaction end-to-end control in support of the business.Responsibilities of this team include, but are not limited to, oversight of financial statement and management reporting, ensuring compliance with accounting policies including new business initiatives and product review, business performance control, business analytics and expense management. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience JPMorgan businesses, products and technology systems in depth.This position provides a great opportunity for a highly motivated individual to support with the onboarding of a brand new business, assist with infrastructure set-up, profit and loss reporting, balance sheet management, accounting treatment guidance, capital treatment, etc. As the Product Controller of Capital Connect, the candidate will be working closely with various functional areas within the organization including Business Management, Operations, Technology, Risk, Planning & Analysis, Human Resources, Legal, Compliance and Control & Oversight. The candidate must be a self-starter, be self-motivated and able to communicate effectively.Job responsibilities:The successful candidate will have strong accounting, communication, and teamwork skills which will be critical to developing strong partnerships across multiple functions and regions.

Project manage and deliver key work streams and tasks to support key initiatives within Capital Connect from a finance perspective (i.e. end-to-end booking model, infrastructure set-up, accounting treatment, etc.); communicate effectively with key business partners to understand projects and drive next steps

Support audit, regulatory and compliance deliverables; participate drive specific action plans and deliverables within the Risk Control Self-Assessment (RCSA) framework

Month-end close - ensure financials are accurate and reported timely by mitigating risks and implementing effective controls; manage investigation, explanation and communication of business drivers underpinning significant financial movements and variances for Front Office, Legal Entity Controller, Corporate Reporting and partners in other regions.

Accountable for compliance with P&L, Legal Entity and Product Control standards as well as all applicable corporate accounting policies.

Ensure income attribution is executed in accordance with transfer pricing rules to be compliant with the relevant transfer pricing laws and regulations; partner with Corporate Tax, Legal Entity Control, Legal and other key stakeholders to execute new SLAs (stand-alone agreements).

Continuous improvement through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control and reporting environment.

Assist business on new business initiatives (i.e. acquisitions) and lead high exposure projects.

Required qualifications, capabilities, and skills:

Bachelor's Degree in Finance/Accounting and 7+ years related business experience required

Dynamic team player able to adapt to changing environment and multiple demands

Self-starter, independent worker, ability to think outside of the box

Good interpersonal, communication and influencing skills

Strong organizational and time management skills: able to work on multiple projects with competing deadlines

Excellent technical skills in Microsoft Office Suite, including extensive experience using Excel and PowerPoint

Preferred qualifications, capabilities, and skills:

Certified Public Accounting (CPA) license

Excellent technical skills in Microsoft Office Suite, including extensive experience using Excel and PowerPoint, Alteryx, Xceptor, and Tableau; experienced in writing macros.

Controls focused and strong attention to detail is key; accounting qualification preferred but not essential

Organized and comprehensive project management approach

This position is not eligible for sponsorship.JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.Equal Opportunity Employer/Disability/VeteransBase Pay/SalaryBrooklyn,NY $119,000.00 - $180,000.00 / year

Full-time
  • ID: #50011554
  • State: New York Brooklyn 11201 Brooklyn USA
  • City: Brooklyn
  • Salary: USD TBD TBD
  • Showed: 2023-05-27
  • Deadline: 2023-07-27
  • Category: Et cetera