Commercial & Investment Bank GF&BM – Global Commodities Group – Product Control – Associate – London

Overview

In this role you will lead the EMEA Energy Product Control team within JPMorgan’s Global Commodities Group, supporting UK and European gas, EUAs, coal, Brent, and WTI trading. You drive robust financial controls and partner with Finance, Risk, Technology and Operations to enable growth. You will manage complex derivative transactions, P&L controls, and reporting while shaping the control environment. This is a hands-on, cross-regional role for someone who wants to influence risk management and efficiency.

Responsibilities

• Supervise daily P&L, investigate differences from risk management system and P&L aggregator, provide market commentary and secure trader sign-off
• Review month-end controls: balance sheet substantiation, adjustment substantiation, and P&L reconciliation across books and records
• Manage external reporting including Fair Value Measurement (FVM) and Hedge Accounting
• Supervise Market Risk Reporting process for EMEA Energy
• Coordinate with external reporting team for regulatory reporting requirements
• Act as point person for team and resolve escalated issues
• Review P&L explains, Clean/Dirty buckets, and explain P&L residuals
• Drive continuous improvement to system infrastructure and control environment
• Ensure adequate training and product knowledge within the team
• Coordinate with Finance and other partners on projects and issue resolution
• Support expansion into physical EMEA Power & Gas

Key requirements

• Strong experience in Product Control, Financial Control, or Accounting within a trading business (commodities or FX/rates options)
• Proficiency with daily P&L production, risk-based explains, and month-end close processes
• Bachelor’s degree in Accounting, Finance, Economics, or related field
• Strong finance and accounting knowledge including Fair Value reporting, inventory valuation, and accrual accounting
• Excellent oral and written communication, analytical and problem-solving skills
• Good understanding of derivative products and inventory valuation
• Ability to handle large data sets efficiently
• Flexible, proactive, and adaptable to change
• Proactive in identifying control gaps and driving resolutions
• Team-oriented, self-starter with a positive attitude
• Influencing skills for relationships across diverse groups

• communication
• analytical thinking
• problem-solving
• P&L production
• risk-based explains
• month-end close

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