LEC- Analyst

Posted 25 Days Ago
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Mumbai, Maharashtra
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As an Analyst in Legal Entity Control, monitor financial records, manage FX trades, analyze results, prepare reports, and liaise with internal teams.
Summary Generated by Built In
Job Description
You are a strategic thinker passionate about driving solutions in Financial Analysis. You have found the right team
As an Analyst in the UK Legal Entity Control Team, you will spend each day defining, refining and delivering set goals for our firm
Job Responsibilities
  • Monitor the integrity of books and records (both local and USGAAP) of the legal entity, in adherence with Legal Entity Control Standards and other applicable global policies
  • Perform FX trade-out to manage foreign currency related exposures in accordance with approved procedures
  • Analyze legal entity Balance sheet and P&L movements and explain drivers with appropriate business commentary
  • Prepare and submit various statistical returns and surveys
  • Review and explain variance in expenses at product & line of business ("LOB") level and provide summary results to LEC
  • Month-end journal posting for audit accruals and preparing their reconciliation
  • Prepare and deliver MIS reports due to senior management alongwith various management packs
  • Perform analytical review and liaise with LOB Controllers to ensure LE financial results are aligned to LE booking model. General ledger account reconciliation and attestation
  • Inter-entity and investment-equity break resolution. Manage swift and appropriate responses to audit queries
  • Participate in team-wide innovation, efficiency & automation projects. Ensure up-to-date process documentation and develop key control checks
  • Liaise with various internal teams such as tax, financial controllers, internal audit, and resolve queries

Required qualifications, capabilities, and skills:
  • Strong team player and possesses good inter-personal skills required to work effectively with varied individuals across departments and teams
  • Excellent communication and organizational skills
  • Strong control mindset and analytical skills
  • Self-starter with ability to take initiative and constantly challenge the process
  • Ability to multi-task complex requirements under considerable time pressure, whilst maintaining a high degree of accuracy and quality
  • Strong PC skills including MS Excel, MS Word, MS Access and Lotus Notes.

Preferred qualifications, capabilities, and skills
  • Investment Banking product knowledge including derivatives, equities and debt securities would be an advantage
  • Knowledge of GL platforms used in J.P. Morgan Chase would be an advantage
  • Technical knowledge and understanding of IFRS accounting would be desired
  • Chartered Accountant with at least 1 year of experience preferably with financial services industry and experience of US GAAP

Shift Timing:
Normal business hours are from 12.30 p.m to 9.30 p.m IST (may vary depending on daylight saving timings)
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
J.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.

Top Skills

Lotus Notes
Ms Access
Excel
Ms Word

What the Team is Saying

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Lupe C.
Edwin T.
Dawn T.
Meng M.
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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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