Macro Index Product Controller - Associate

JP Morgan

Location: Greater London

Job Type: Full time

Posted

Be brave, not perfect.
- Reshma Saujani

The Macro Index Product Control team within the Global Commodities Group is a team of professionals supporting 10 traders globally. It is a truly multi-asset desk providing exposure to all asset classes; Credit, Bonds, FX, Equities, Commodities. As such, this is an outstanding and rare opportunity.

The trading desk offers various index products varying from vanilla beta indices to algorithmic (smart beta, alpha, momentum etc.) across asset-classes. In addition structured and exotic multi-asset solutions are traded out of this desk.

The successful candidate will have a zest and enthusiasm for learning, and a strong quantitative thinking mindset, combined with interesting and relevant experience (e.g. risk, valuation control, product control).

Key Responsibilities

  • Run Risk and P&L explain for the trading desk, with an emphasis on understanding the story behind the numbers from a commercial and trading standpoint
  • Run Value-at-Risk and Stress, foster working relationships with partners in Market Risk, QR and technology
  • Improve current processes, build option and index explains, automate solutions
  • Ensure regulation complaint operating environment
  • Escalate any control gaps and offer ideas to mitigate these gaps
  • Coordinate with Operations, Tech and Finance through all phases of testing for new models and infrastructure
  • Month end and quarter end management, preparing all relevant information for quarterly filings
  • Client Value and Portfolio Management analysis
  • Heavy interaction with Sales and Trading daily; confidence and communication skills imperative

Qualifications

Skills Required

  • Strong problem solving skills, ability to challenge status quo and be introspective
  • Proactive in identifying control gaps, defining resolution and taking to closure
  • Ability to communicate effectively across the organization
  • Strong degree qualifications. Professional qualifications favorable
  • Knowledge of derivative products and a technical mindset
  • Motivated, positive attitude, keen interest to learn about markets, products, and the business
  • Influencing skills to manage interaction with diverse groups internally and externally
  • Excel expertise, VBA or other coding skills highly beneficial
You’ve got this!