Job Title: 601 – Income Attribution
Location: Mumbai
About JPMorganChase & Co.
JPMorgan Chase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse career growth in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence. The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.
As a member of the Income Attribution team within CIB, you are responsible for ensuring accurate allocation of revenues and expenses across legal entities and business lines, supporting financial transparency and regulatory compliance. The current opening is within GF&BM CIB Controllers in Mumbai, which is part of the CIB Line of Business (LOB) within GF&BM India.
Oversee FR/FFIEC reporting, expense/revenue allocations, local regulatory reporting, and FX hedging.
Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
Prepare submissions to Tax such as APA reports and contribute to ad hoc deliverables from Tax.
Escalate reference data or other issues in XIB impacting income attribution as appropriate .
Collaborate with Tax and location LECs on regulatory requests (e.g. ECB, SEC) or external tax office queries (e.g. IRS, HMRC).
Perform calculations for revenue & expense allocation at LE level for all the applicable LOB’s as per the OECD transfer pricing guidelines.
Ensure adherence to global income and expense attribution standards by evaluating the suitability of Service Level Agreements (SLAs) between Legal Entities.
Partner closely with Product Control & Tax to evaluate or revalidate transfer pricing for business expansions, changes, new products, etc.
Produce analytics of Legal Entity and Line Of Business results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
Collaborate with PWC for the annual audit of income attribution processes.
Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements
Required qualifications, skills and capabilities
MBA (Finance), Chartered Accountant or a relevant professional graduate degree with at least 2+ years of overall experience (post qualification).
Demonstrated leadership skills with the ability to motivate and guide teams.
Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python
Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint / Alteryx skill sets.
Analytical mindset, structured approach with project management/process orientation.
Strong analytical abilities and interpersonal skills.
- Effective written and verbal communication and presentation skills.
- Familiarity with process transformation methodologies or automation solutions.
Proactive, detail-oriented, and collaborative approach.
Preferred qualifications, skills and capabilities
- Knowledge of transfer pricing concepts and experience with CDGL, XIB, Paragon, WCP, and advanced analytics.
- Experience in Legal Entity Control and Financial Control.
- Knowledge of Alteryx, Qlik Sense, Python.
- Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python
About Us
JPMorganChase, 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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Skills Required
- MBA (Finance), Chartered Accountant or relevant professional graduate degree with at least 2+ years post-qualification experience
- Background in accounting, financial reporting and regulatory reporting
- Exposure to SQL and basics of Python
- Advanced MS Excel skills (macros, v-lookups, pivot tables, advanced Excel applications)
- Experience with MS Access and MS PowerPoint
- Experience with Alteryx (or similar ETL/automation tools)
- Analytical mindset, structured approach, project management/process orientation
- Strong analytical, interpersonal, written and verbal communication and presentation skills
- Familiarity with process transformation methodologies or automation solutions
- Knowledge of transfer pricing concepts and experience with CDGL, XIB, Paragon, WCP, and advanced analytics
- Experience in Legal Entity Control and Financial Control
- Knowledge of Qlik Sense
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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