Full-Time
Payments Product Control Associate
JP Morgan Chase
10,001+ employees
Global financial services with diversified offerings
Compensation Overview
$100.7k - $145k/yr
No H1B Sponsorship
Brooklyn, NY, USA
In Person
 Accounting (2) |
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- 3+ years relative experience
- Relevant Product Control or closely aligned finance experience within a financial services environment
- Proven ability to identify, assess, and escalate control and risk issues, with a strong governance mindset
- Strong analytical capability across P&L and balance sheet, translating movements into clear insights and actions
- Clear and confident written and verbal communication, including concise Product Control commentary
- Effective collaboration and stakeholder management across business, Operations, Technology, and Finance
- Ability to execute under pressure, manage tight close timelines, prioritize effectively, and influence without direct authority
- High attention to detail, disciplined control approach, and a growth mindset focused on continuous improvement and adaptability
- Deliver accurate and timely month-end close as part of the Kinexys Product Control team
- Prepare and analyses P&L and balance sheet, including clear commentary on drivers and movements
- Investigate, explain, and resolve variances, with root‑cause analysis and remediation tracking
- Maintain a strong control environment, ensuring compliance with policies, standards, and P&L minimum requirements
- Perform key Product Control reconciliations, substantiations, and evidencing, with robust documentation
- Partner with Kinexys business, Payments F&BM, Technology, and Finance to align deliverables and outcomes
- Support new business initiatives and changes through impact assessments and requirements gathering
- Contribute to forecasting and outlook, including validating inputs, challenging assumptions, and explaining variances
- Support audits, risk reviews, regulatory changes, and continuous improvement across Product Control processes
- Strong accounting fundamentals, with a recently qualified or part-qualified CPA / CIMA (or equivalent experience)
- To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT)
A global financial services firm offering investment banking, asset management, private equity, financial services, and consumer banking to individuals and institutions. It works by providing advisory, lending, trading, and financing services through a worldwide network, earning revenue from interest, fees, and trading commissions, and using its data and the JPMorgan Chase Institute to analyze economies. It stands apart from peers due to its size, full-range services across consumer and corporate markets, extensive market access, and in-house data-driven insights. Its goal is to deliver comprehensive financial products with integrity and growth while supporting clients and communities through data-backed analysis and targeted programs.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1959
Simplify's Take
What believers are saying
- Chase's May 2026 young-adult bundle targets nearly 30 million new-to-banking customers.
- Germany expansion can replicate the UK's 3 million customers and £30 billion deposits.
- Branch growth and tokenized funds create new distribution and fee opportunities.
What critics are saying
- Germany launch is delayed by SEPA integration and local tax-rule complexity.
- Chase's price-sensitive young-adult strategy compresses margins through fee waivers and incentives.
- The stock's 2.3x price-to-book leaves little room for credit deterioration.
What makes JP Morgan Chase unique
- JPMorgan Chase spans consumer, investment, asset-management, and transaction-banking franchises.
- Its 225-year lineage and $3.9 trillion balance sheet anchor global reach.
- The firm spends $14 billion annually on technology, including AI and automation.
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Your Connections
People at JP Morgan Chase who can refer or advise you
Benefits
Health Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
Company News
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Project Prometheus, an AI laboratory co-founded by Jeff Bezos, has closed a funding round of €8.7 billion at a €33 billion valuation. Investors include JPMorgan and BlackRock. Bezos returns to an operational role alongside co-CEO Vikram Bajaj, a quantum physicist. The funding round was expanded from an initial €5.4 billion due to high demand. The company is headquartered in San Francisco with offices in London and Zürich. Unlike language-focused AI labs, Prometheus develops AI systems that understand physical laws for industrial applications, including materials research, fluid simulation and robotic manipulation. The company plans to establish a holding structure to acquire industrial companies that could benefit from its AI technology, following a Berkshire Hathaway-style model. The Zürich office positions Prometheus as a competitor for talent in the DACH region's engineering sector.
Pakistan signals return to global capital markets after four years. MG News | April 16, 2026 at 09:33 AM GMT+05:00 April 16, 2026 (MLN): Pakistan signaled its intention to return to international capital markets after a gap of around four years, with plans to issue rupee-linked, dollar-denominated instruments under its Global Medium-Term Note (GMTN) programme. The move comes as part of broader efforts to strengthen external financing, alongside preparations for the country's first Panda Bond issuance supported by agreements with multilateral lenders, according to a press release issued. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, shared these developments during a meeting with senior representatives of JP Morgan Chase on the sidelines of the World Bank-IMF Spring Meetings in Washington, D.C. He also briefed the delegation on counter-indemnity agreements signed with the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB), expressed appreciation for financial support from the Kingdom of Saudi Arabia, and assured that the financing proposals and market options discussed would be carefully reviewed. In a separate engagement on the sidelines of the meetings, finance minister Aurangzeb held discussions with senior leadership of Franklin Templeton, where he said Pakistan would soon initiate requests for proposals (RFPs) to appoint lead managers for potential issuances under the GMTN programme. He emphasized that any return to global markets would be "selective" in pricing and timing, reflecting sensitivity to global interest rate trends and investor sentiment. The finance minister described the planned market re-entry as a potential turning point in Pakistan's external financing strategy, aimed at rebuilding investor confidence after a prolonged period of economic strain and reliance on bilateral and multilateral support. A successful issuance, he noted, could help diversify funding sources and signal improving macroeconomic stability. He also outlined progress on a broad privatization agenda, stating that nearly 30 state-owned enterprises have been transferred to the Privatization Commission. The government is advancing plans to outsource major airports, including those in Islamabad, Karachi, and Sialkot, and is exploring the sale of electricity distribution companies to improve efficiency and reduce fiscal pressures. Highlighting a shift in policy on digital assets, the minister confirmed the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) and the issuance of No Objection Certificates to global platforms such as Binance. He added that the State Bank of Pakistan has withdrawn its 2018 restrictions on the use of banking channels for cryptocurrency transactions, indicating a more accommodative regulatory approach. The finance minister also expressed interest in collaborating with Franklin Templeton on capacity-building initiatives, including structured training programmes for officials from the Ministry of Finance and the State Bank of Pakistan, as part of efforts to strengthen institutional expertise in managing modern financial markets.
JPMorgan has reported strong first-quarter results, with earnings of $5.94 per share beating expectations and revenue reaching $50.5 billion, up nearly 10% year-on-year. The bank demonstrated balanced growth across its operations. Net interest income rose 9% to $25.5 billion, whilst noninterest revenue, including fees and trading, increased 11% to $25.1 billion. Credit quality remains solid, with provisions for losses at $2.5 billion, lower than the previous year, and charge-offs remaining flat. The bank recorded a small reserve build, though nothing indicating significant stress. Shares rose in premarket trading following the announcement.
America's largest banks reported strong first-quarter profits driven by robust investment banking activity and a resilient economy, though executives warned about mounting risks from rising energy prices and geopolitical uncertainty. JPMorgan Chase posted a profit of $16.49 billion, up 13% year-on-year, whilst Wells Fargo earned $5.25 billion and Citigroup reported $5.79 billion. Investment banking fees surged, with JPMorgan seeing a 30% jump and Citigroup a 12% increase in advisory fees, fuelled by market volatility and corporate dealmaking. However, JPMorgan CEO Jamie Dimon cautioned about "an increasingly complex set of risks", including wars, energy prices and trade tensions. Wells Fargo noted customers allocating more spending to petrol whilst cutting discretionary purchases, signalling potential downstream economic impacts from elevated oil prices.