Vice President - TCIO - Product Control (P&L & Risk) - Bangalore Description : - Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital. - GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work ; Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions. - We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes. - JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful. - Team Lead for Product Control to provide supervisory oversight of daily P&L/Risk process The Treasury/Chief Investment Office (T/CIO) is responsible for Firm-wide asset and liability management, including : - Aggregating and managing the interest rate risk of the firm's four main lines of business (LOBs), primarily through a ~$300 billion global investment securities portfolio. - Managing the firm's funding and liabilities through ~$250 billion in long-term debt and other funding sources, and managing nearly $400 billion of short term cash deployment activities. - Aggregating and managing the firm's liquidity risk, including deploying the firm's excess liquidity. Also responsible for compliance with both internal and regulatory liquidity requirements. - Aggregating and managing the firm's structural foreign exchange risk. - Risk managing Mortgage Servicing Rights (MSR) on behalf of the Mortgage Bank. - Managing the ~$14 billion company-sponsored retirement plan. - Because it sits at the very center of the firm, T/CIO directly influences the composition of the Firm's balance sheet as well the activities of its four main lines of business ; Asset Management (AM), Commercial Banking (CB), Corporate & Investment Bank (CIB) and Consumer & Community Banking (CCB). - The execution middle office provides transaction analysis, P&L and risk, and project support to the T/CIO desks which execute transactions and manage resulting positions. - You will participate in the effort to ensure the business's dynamic environment is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as drive projects. - You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology. - A qualified candidate will possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, a thorough understanding of financial instruments and relevant accounting principles, an aptitude for root/cause analysis, and an overriding eagerness to exhibit leadership and drive. Key Responsibilities : - Provide supervisory oversight of daily P&L/Risk process and Regional/Global management reporting - Provide oversight of daily system to system reconciliations - Oversight/Monitor various corporate feeds relating to CIO & Treasury - Monitor Market Risk related controls- includes updating/monitoring of risk limits, report clean P&L for VaR back testing, various risk reporting - Monitor Credit risk related controls and includes working in close partnership with Credit Risk & reporting teams, produce country risk reporting, monitoring and escalation of collateral valuation differences - Contribute to New Business initiatives including active participation to on-board a new product & designing MO work flow, provide analysis/advice around booking strategies & operational procedures - Actively run Strategic Re-engineering and global projects involving front/back end systems and closely partner across 3 regions. - Provide support for any ad hoc requests and queries from various stakeholders - Review current processes, identify opportunities for improving efficiency & controls and delivering tactical/strategic solutions - Work in close partnership with Market Risk, Credit Risk, Business Management, Trade support, Financial controllers, VCG, Technology, PMO & other regional MO to ensure adequate controls on overall P&L & Risk numbers - Understand & contribute to various control frameworks, i.e. Control Self Assessment (CSA), Sarbanes Oxley (SOX) & Business Control Committees (BCC's) - Participate and contribute to firm-wide initiatives which includes global projects on re-engineering risk management & back office system, improvement on reporting analytics on market, credit & country related Qualifications/Key Skill-Sets : - Degree Holder major in Finance, Accounting, Risk e.g. CPA, CFA, FRM or other management discipline - 12 years or above with top tier banks in Middle Office, Market Risk, Valuation, Finance or Product Control - In depth understanding in trade life cycle, P&L explains, Market Risk reporting - Strong leadership and management skills, self-starter & can lead and motivate team members - Works independently and takes decisions, escalates when appropriate - Good communication skills, robust and credible partner - Detail oriented, ability to deep dive on processes and improve controls/efficiencies - Good derivatives product knowledge with hands on experience in FX, Interest Rate, Fixed income & Treasury products - Good understanding of transaction cycle, infrastructure & associated operational and financial processes and controls - Strong relationship-building and networking skills - Ability to deal with high level of ad hoc requests and deliver under pressure - Excel/ MS PowerPoint proficiency About Us : - 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. 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Bangalore

JP Morgan Chase - Vice President - Treasury & Chief Investment Office - Product Control - P&L/Risk 

JP Morgan Chase - Vice President - Treasury & Chief Investment Office - Product Control - P&L/Risk  ,Job Description for JP Morgan Chase - Vice President - Treasury & Chief Investment Office - Product Control - P&L/Risk  in JP Morgan Chase in  Bangalore for (12-15) years of experience. Apply Now!

Job Description for JP Morgan Chase - Vice President - Treasury & Chief Investment Office - Product Control - P&L/Risk  in JP Morgan Chase in  Bangalore for (12-15) years of experience. Apply Now!