Job Description
Join the leading global financial services firm, JPMorgan Chase & Co., with operations worldwide and assets of $3.4 trillion. We're seeking professionals for our Global Finance & Business Management team in India, part of our global capability center. This role offers the opportunity to lead and coordinate budgeting and forecasting processes, preparing management reports and presentations for the Operating Committee and the Board of Directors.
The Legal Entity Control Professional manages financial oversight of their legal entity and is tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.
As an Associate - Legal Entity Controller within the Legal Entity Control team, you will be responsible for the financial oversight of the legal entity. You will ensure a strong control environment exists in relation to all businesses, products, and operational areas that impact the Legal Entity financials and regulatory reporting of the firm. This role provides an opportunity to interact with multiple lines of business and internal stakeholders, offering a comprehensive understanding of legal entity controllership end-to-end.
Job Responsibilities:
- Reviewing of inter-entity breaks of the Legal Entity accounting and control on a monthly basis, including month-end close process, FX Trade Out, parent/child accounting, equity pick up, cash breaks and unnatural general ledger balance monitoring.
- Analyzing of the month-End analytics of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including Legal Entity and line of business financial commentary, Indirect Expenses budget and regulatory reporting requirements.
- Respond to Investigation, analysis and resolution of issues and ad-hoc queries.
- Assisting in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring.
- Overseeing Recovery & Resolution Reporting, Reconciliation and Substantiation of GL Accounts and LEC Issue Metrics Reporting.
- Liaising with various stakeholders, Internal QA Review and Auditors for Statutory Audit, Internal Audit.
Required qualifications, capabilities and skills
- Chartered Accountant/MBA Finance with minimum 2 years of experience with financial services industry and experience of IFRS/US GAAP
- Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances and attention to detail
- Outstanding written and verbal communication skills, including an ability to prepare executive level presentations
- Ability to work effectively with others, as well as act as an effective liaison with all business partners within the lines of business or legal entity chains
- Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
- Efficient Excel and PowerPoint skills required
Preferred qualifications, capabilities and skills
- Knowledge of general ledger platforms used in J.P. Morgan Chase would be an advantage.
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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
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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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Employees engage in a combination of remote and on-site work.