Bank Controllers, Accounting, Policy & Reporting (BCAPR)-Legal Entity Strategy Team- Analyst

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Bengaluru, Karnataka, IND
Hybrid
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Job Description
You are a strategic thinker passionate about driving solutions in accounting policy and reporting. You have found the right team.
As an Analyst within the Bank Controllers, Accounting, Policy & Reporting (BCAPR) - Legal Entity Strategy Team, you will be instrumental in shaping and achieving the firm's strategic goals. You will engage with various departments to deliver strategic analysis, oversight, and coordination of legal entity functions, accounting policies, and financial reporting. The Bank Controllers team is responsible for managing the Legal Entity Controller functions for JPMorgan Chase Bank N.A., JPMorgan Chase & Co, and JPMorgan Chase Holdings LLC, with a focus on capital monitoring and adequacy. Furthermore, you will contribute to the oversight of the Firmwide Legal Entity strategy, simplification initiatives, reorganizations, capital actions, affiliate support documents, and Reg W governance. The Accounting Policy team sets global accounting and disclosure policies and provides guidance on complex accounting issues. Additionally, the Reporting team, which includes SEC reporting and the QRC function, compiles, reviews, and files the Firm's consolidated quarterly and annual financial statements and supplemental information with the SEC, while also conducting quality reviews of external financial reports and presentations, such as earnings materials and the Annual Report and proxy.
Job Responsibilities:
  • Lead preparation of monthly LE metrics reporting - understanding the current state of the firm's LE population, status of all legal entities, their Tiering details at the firm and LOB level and entities identified by each LOB as candidates for elimination
  • Lead preparation of other monthly & quarterly reporting such as Edge & EMR slides, FDIC reporting, MLE Dashboard, Key operating entities
  • Engage with LOB Legal Entity (LE) simplification contacts and the Inter-entity Analysis Group (IAG) to facilitate execution of LE simplification commitments
  • Assist with the development of the annual LE elimination book of work across all LOBs
  • Support automation of key business as usual deliverables including LER criteria assessments to streamline/enhance controls for Resolution Plan deliverables
  • Liase with LE contacts to ensure LE elimination status/timelines are accurately maintained in the Request Management System (RMS) and Global Entity Management System (GEMS)
  • Support UAT testing for GEMS/RMS enhancements
  • Prepare ad hoc LE analytics

Required qualifications, capabilities and skills:
  • 2 years of accounting and financial reporting experience
  • Controls driven and agile mindset
  • Strong interpersonal and communication skills ability to articulate needs and interface with peers, cross LOB teams and management
  • Proficiency with MS Excel and PowerPoint
  • Ability to work independently and contribute to the team objectives
  • Ability to identify and communicate issues in a timely manner
  • Forward thinking and strategic mindset
  • Excellent organizational skills and attention to detail

Preferred qualifications, capabilities and skills:
  • Open to working in EMEA shift (1:30 PM to 10:30 PM) and should be able to deliver to tight deadlines. Occasional stretch of 1-2 hrs. during quarter ends
  • Additional - business intelligent tools like - Alteryx, Tableau, Python would be beneficial
  • Master's degree in Finance/Accounting (Qualified Chartered Accountant is optional)

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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
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.

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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