America Credit Portfolio Group; XVA Product Control - Vice President

Position: America Credit Portfolio Group (XVA) Product Control - Vice President
Location: New York

Overview

America Credit Portfolio Group (XVA) Product Control - Vice President

Brooklyn, NY, United States

Job Information

• Job Identification:

• Job Category:
Controller

• Business Unit:
Commercial & Investment Bank

• Posting Date:, 06:54 PM

• Locations: 4 Chase Metrotech Ctr, Brooklyn, NY, 11245, US

•

Job Schedule:

Full time

• Base Pay/Salary:
Brooklyn, NY $-$

Job Description

Step into a pivotal leadership role as the head of the XVA Product Control team in New York, where your expertise will drive financial excellence and strategic innovation. This is your opportunity to shape the future of product control, managing P&L and risk with precision while collaborating with senior stakeholders across the finance organization. Join a dynamic environment that values your analytical prowess and leadership skills, offering a platform for growth and impact.

As a Vice President within the Americas Credit Portfolio Group, you will have the opportunity to lead the XVA Product Control team. You will be responsible for managing the Americas product control team responsibilities for CVA (credit valuation adjustment) and FVA (funding valuation adjustment). You will be working with a wide range of products from CVA/FVA to various hedging instruments (Credit, Rates, Equity, Commodity, FX).

This role is a perfect fit for someone with extensive Product Control knowledge and expertise who is ready to take their career to the next level. You will be responsible for both P&L and Risk, interacting with a range of stakeholders from Front Office, Market Risk Coverage and other key business and control functions. This role will give you the chance to interact with senior stakeholders across the finance organization, making it an important and significant aspect of your role.

Job responsibilities

• Managing and developing the Americas XVA Product Control team responsible for the production and reporting of the Daily P&L and Risk and ensuring it is completed in an efficient and controlled manner

• Being responsible for integrity of the balance sheet and accounting for the business

• Providing detailed analysis and commentary on the financials to desk heads, business managers, and senior finance management

• Partnering with the business and its stakeholders to implement robust controls and implement strategic initiatives

• Identifying and implementing continuous improvements and ensuring processes adapt to meet changing systems and control requirements

• Creating an inclusive working environment that builds a culture of trust and gives all team members the opportunity to learn, grow and achieve goals

Required qualifications, skills, and capabilities

• 6+ years Product Control experience or equivalent

• Experience with in Product Control related to CVA/FVA

• Experience of leading and managing teams

• Demonstrable ability to drive strategic initiatives

• Excellent analytical skills and attention to detail including a strong control focus

• Excellent communication skills and ability to develop strong working relationships.

• Educated to at least Bachelor’s degree (or equivalent) level

About Us

JPMorgan

Chase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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,…