Finance Legal Entity Controller - Associate

Posted Yesterday
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2 Locations
Remote or Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Responsible for accurate financial reporting, regulatory filings, month-end close, and monitoring risk-based capital ratios for Korean legal entities. The role performs balance sheet and income statement analysis, assesses impacts of new accounting standards, regulations, and products, coordinates with auditors and regulators, supports business initiatives, and maintains strong internal controls under US and local GAAP.
Summary Generated by Built In

This is a great opportunity to join the Korea  Finance Legal entity controller team 

As an Associate , you will be responsible for the accurate and timely submission of financial reporting and regulatory filings, working with internal stakeholders as well as regulators. In this role you will be required to partner with colleagues across various functions globally. You will also get the opportunity to be involved in the analysis of legal entity implications for new business developments, changes in regulatory framework and be  involved in the monitoring of the risk based capital ratio to ensure adequate capital management and financial ratios of the legal entities. 

Job responsibilities:

  • Responsible for the daily and monthly monitoring on the risk based capital ratios
  • Month-end close process to ensure accurate and complete close of books & records under US GAAP as well as local GAAP
  • Perform analytical review to identify any significant misstatement on the Balance Sheet and Income Statement, and liaise with other functions (e.g. product and financial controllers, middle office) to identify business drivers for significant variances.
  • Participate in working groups for projects and new initiatives impacting the entity.
  • Perform impact/gap analysis on new accounting standards and new regulations, as and when required.
  • Perform impact/gap analysis on new products and impact under Risk based capital framework. 
  • Coordinate with internal and external auditors and regulators, as and when required.
  • Maintain high level of internal control standards.

Required qualifications, capabilities, and skills:

  • Bachelor's in Finance or Accountancy  or equivalent degree.
  • Post-qualification accounting experience of minimum 5 years in a public accounting firm and/or in a financial institution.
  • Strong knowledge on Risk-based Capital adequacy requirements for local regulatory reporting 
  • Strong knowledge of US GAAP and Local GAAP.
  • Strong understanding of derivatives financial products .
  • Possess strong communication, stakeholder management, inter-personal and organizational skill
  • Ability to work effectively under pressure to meet challenging deadlines.
  • Excellent analytical skills and able to handle complex tasks independently
  • Team player who is proactive and willing to take ownership

Preferred qualifications, capabilities, and skills:

  • Proficient user of MS suite of products (e.g. Word, Excel, Powerpoint). Knowledge/experience with one or several dash-boarding/automation tools (Tableau, Alteryx, etc.)
About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
  
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

  • Bachelor's degree in Finance, Accountancy, or an equivalent field
  • Minimum five years of post-qualification accounting experience in a public accounting firm and/or financial institution
  • Strong knowledge of risk-based capital adequacy requirements for local regulatory reporting
  • Strong knowledge of US GAAP and local GAAP
  • Strong understanding of derivatives financial products
  • Strong communication, stakeholder management, interpersonal, and organizational skills
  • Ability to work effectively under pressure and meet challenging deadlines
  • Excellent analytical skills and ability to handle complex tasks independently
  • Proactive team player willing to take ownership
  • Proficiency with Microsoft Office, including Word, Excel, and PowerPoint
  • Knowledge or experience with dashboarding or automation tools such as Tableau or Alteryx

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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