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Associate, Risk and P&L Middle Office, China-Hong Kong
Associate, Risk and P&L Middle Office
Company: JPMorgan  
Location:   China-Hong Kong  
Compensation:   Negotiable  
Position Type:   Employee  
Employment type:   Full time  
Updated:   20 Nov 2008  
eFC Ref no:   478146  
 


JP Morgan Chief Investment Office is looking for an Associate to report directly to the CEO who has to responsible for the structural interest rate risk management, home finance mortgage Service, foreign exchange hedging, business advisory, proprietary trading decisions and other Corporate Investments and Obligations.

Job Description 

 The Chief Investment Office is a profitable business unit reporting directly to the CEO of JPMorgan Chase that has the following mandates:

  • Structural Interest Rate Risk Management - manage the structural interest rate risk of the firm created by other Line of Business units and management the investment typed securities
  • Home Finance Mortgage Servicing Rights Hedging (US only) -  manage the hedging of interest rate and prepayment risks in MSR asset
  • Foreign Exchange Hedging - manage the hedging of Firms' exposure to foreign exchange revaluation of non USD revenues, expenses and capital
  • Other Corporate Investments and Obligations (US only) - covers Corporate/Bank Owned Life Insurance, Pension and Retirment Plans, and Private Equity
  • Business Advisory - advising Line of Business on their own investment strategies
  • Proprietary Trading Decisions

 Job functions/responsibilities:

  • Prepare and report daily P&L and risk management information to CIO FO / traders
  • Explain daily P&L as well as investigate any issues as required
  • Coordinate front-to-back system process setup
  • Perform FO-BO reconciliation to ensure correct P&L reporting
  • Obtain timely sign-off of P&L and provide support for any ad hoc requests and queries from FO
  • Perform selected monthend P&L reconciliation and work closely with Accounting / Control team to ensure proper reconciliation of P&L accounting
  • Responsibilities of oversight of other team member

Qualifications 

  • Degree holder
  • 5 to 10 years working experience in Middle Office or Product Control functions preferable
  • Previous exposure to derivative products preferable
  • Accounting knowledge preferred
  • Analytic mind and strong intuitions required
  • A good team player with professional attitude
  • Knowledge of MS VBA would be an asset

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Company:
JPMorgan
Website:
www.jpmorgan.com
Recruiter Ref:
080041537

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