Associate - Legal Entity Controller

Posted An Hour Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Manage legal entity financial reporting and regulatory compliance for APAC regulators; produce capital adequacy, P&L, balance sheet and liquidity reports; analyze variances and transfer pricing; partner with Financial Control, Tax, and regional controllers; and drive process transformation using automation and advanced technologies.
Summary Generated by Built In

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 Legal Entity Controller (LEC) within CIB, you are responsible for overseeing activities in legal entities, ensuring the integrity and accuracy of financial results and statements. The current opening is within GF&BM CIB Controllers in Bengaluru, which is part of the CIB Line of Business (LOB) within GF&BM India.

Job Responsibilities

  • Ensure regulatory reporting and compliance for key Asia Pacific regulators (RBI, HKMA, MAS, APRA, etc.).

  • Complete fortnightly capital adequacy, CRR, and SLR reporting as required by RBI.

  • Manage monthly capital adequacy, P&L, and balance sheet reporting for Legal Entity Controllers.

  • Oversee quarterly capital adequacy submissions and survey-based reporting to local government statistical departments.

  • Supervise FR/FFIEC reporting, expense and revenue allocations, local regulatory submissions, and FX hedging.

  • Oversee daily and weekly monitoring of critical ratios, including capital adequacy, liquidity, FX, and large exposures.

  • Prepare and submit weekly financial statements and liquidity reports for selected balance sheet items.

  • Conduct quarterly P&L and balance sheet reporting, including onshore/offshore ratio-based analysis.

  • Analyze legal entity and line of business results, including variance analysis, booking validation, and transfer pricing compliance.

  • Partner with Financial Control, Tax, and other stakeholders on revenue allocation and transfer pricing updates, and work alongside regional controllers to resolve legal entity and line of business inconsistencies.

  • 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

  • CA, MBA, CFA, ACCA or CMA with a minimum of 3 years of relevant experience.

  • Demonstrated leadership skills with the ability to motivate and guide teams.

  • Solid understanding of industry practices and accounting principles.

  • 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.

  • Knowledge of IFRS, US GAAP, and financial products.
  • Knowledge of SAP, Axiom, WDesk.
  • Knowledge of Alteryx, Qlik Sense, 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.

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • CA, MBA, CFA, ACCA or CMA with a minimum of 3 years of relevant experience
  • Demonstrated leadership skills with the ability to motivate and guide teams
  • Solid understanding of industry practices and accounting principles
  • 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
  • Knowledge of IFRS, US GAAP, and financial products
  • Knowledge of SAP, Axiom, WDesk
  • Knowledge of Alteryx, Qlik Sense, Python

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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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