Job Vacancy Commercial Banking – Payments Product Controller – Vice President – Commercial Banking Payments Product Controller JPMorgan Chase



Job title: Commercial Banking – Payments Product Controller – Vice President – Commercial Banking Payments Product Controller

Company: JPMorgan Chase

Job description: Commercial Banking’s (CB) Commercial and Industrial (C&I) businesses primarily include Middle Market Banking and Corporate Client Banking. These businesses provide lending, payments, investment banking, and asset management products to corporate, local governments, and nonprofit clients.

Position Description

The Product Controller team is responsible for the understanding, reporting and control oversight of the financial information related to the C&I businesses. Core responsibilities include :

  • Collaborate with the businesses, stakeholders, risk, and others in Finance and Business Management to provide business advisory and accounting support
  • Maintain books and records that reflect material integrity (timely, accurate, and complete) in compliance with accounting standards, corporate accounting policies, legal entity control standards, regulatory requirements and other applicable Firm standards
  • Ensure transactions are seamlessly executed, properly recorded and reported appropriately
  • Month-end close – ensuring accurate and complete close-out of books and records for the month and resolution of any discrepancies in the results
  • Demonstrate a clear understanding of CB’s Payment product offerings, explaining key drivers impacting the balance sheet and income statement and providing insightful analysis to facilitate effective and focused management of the business
  • Provide product control oversight, ensuring clear accountability and handoffs
  • Create senior executive level presentation materials
  • Continuously improve the way we do business through review of current practices/processes, identifying deficiencies and/or weaknesses, and delivering solutions to enhance the current control framework of the business, particularly through innovation employing automation technology (such as Alteryx)

Qualifications and Candidate Profile

  • Bachelor’s degree in Accounting
  • CPA or equivalent professional credential; or working towards
  • Significant accounting, finance, and/or audit experience, with banking experience a plus
  • Previous role at a large public accounting firm, financial institution, and/or product control experience preferred
  • Ability to partner effectively across multiple workstreams with complex interdependencies and stakeholders of varying seniority
  • Strong attention to detail, organizational skills, and ability to multi-task in a fast-paced environment
  • Flexibility to work under pressure to meet changing work requirements and strict deadlines, including working certain weekends during quarter-end close
  • Focused work ethic, good business sense, demonstrated initiative, and ability to work independently
  • Strong analytical, problem-solving, and decision-making skills
  • Experience working with large data sets
  • Effective at building relationships across functional teams
  • Clear and concise written and verbal communication abilities, along with the ability to tailor a message to various levels of management in a concise and persuasive manner
  • Proven skills in identifying and solving issues

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.

Equal Opportunity Employer/Disability/Veterans

Expected salary:

Location: Chicago, IL

Job date: Sat, 02 Jul 2022 22:12:34 GMT

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