LEC - Associate

Job Description
You are a strategic thinker passionate about driving solutions in Controllers. You have found the right team.
As a part of the Corporate and Investment Banking Controllers Team, you are responsible for overseeing the accounting and reporting of legal entity financial statements in accordance with US Generally Accepted Accounting Principles (GAAP) and local GAAP. You will manage foreign exchange risk through trade-out and capital hedging, ensuring compliance with Financial Accounting Standards Board (FASB) requirements, specifically FAS 52. Your role includes monitoring general ledger controls, handling inter-entity and investment equity discrepancies, and preparing International Financial Reporting Standards (IFRS) reports. You will also be involved in budgeting, forecasting, and preparing regulatory reports to meet various US Federal Reserve requirements. Additionally, you will prepare management information summaries to aid senior management in decision-making by analyzing financial performance. You will ensure compliance with critical regulators such as the Reserve Bank of India (RBI), Hong Kong Monetary Authority (HKMA), Monetary Authority of Singapore (MAS), and Australian Prudential Regulation Authority (APRA). Your responsibilities include reviewing and preparing BASEL, risk reporting, and capital management, as well as periodic financial statement reporting and analysis. You will adhere to control metrics, legal entity control standards, and other policies, while also reviewing booking models. Daily monitoring and control, maintaining relationships with onshore partners, and implementing internal control policies to mitigate risks are key aspects of your role. You will also promote strategic projects and initiatives, manage a team, and prioritize tasks effectively.
Job Responsibilities

• Oversee accounting and reporting of legal entity financial statements in accordance with US GAAP and local GAAP. Review and own FX risk management through trade-out and capital hedging, ensuring compliance with FASB (FAS 52) requirements.
• Monitor general ledger controls, including attributions, inter-entity and investment equity breaks, IFRS reporting, and budgeting/forecasting (GLRS). Prepare and review regulatory reports to ensure compliance with various US Federal requirements.
• Develop and present management information summary decks to support senior management decision-making through financial performance analysis.
• Report and ensure compliance with critical regulators such as RBI, HKMA, MAS, APRA, and others. Prepare and review BASEL, risk reporting, and capital management documentation.
• Conduct periodic financial statement reporting and analysis, including balance sheet, P&L, off-balance sheet, and volume/exposure reporting as required by local regulations.
• Adhere to control metrics, legal entity control standards, and relevant policies, including booking model reviews.
• Perform daily monitoring and control activities. Maintain and develop strong relationships with onshore partners and business units. Implement internal control policies and procedures to mitigate financial and business risks.
• Migrate processes to strategic data sourcing platforms. Evolve relationships with onshore teams and business partners. Review, drive, and implement strategic priorities, projects, and initiatives.
• Lead strategic conversations for ongoing projects, system implementations, and finance transformation initiatives.
• Manage and lead a team, taking complete ownership of deliverables and stakeholder management.
• Prioritize and manage multiple tasks across different time horizons, ensuring deadlines are met. Demonstrate strong teamwork and proactively take on additional responsibilities with full ownership.

Required qualifications, capabilities, and skills

• Qualified Chartered Accountant or Equivalent Finance Degree or a subject of a technical nature
• Advanced skills in Excel and PowerPoint
• Inquisitive, enthusiastic, and diligent
• Strong verbal and written communication skills with the ability to articulate complex issues clearly
• Ability to create ad hoc reporting for senior management
• Proven track record for executing on special projects / assignments with often little lead time or information
• Highly motivated and able to thrive and think clearly under pressure and tight deadlines
• Team player with the ability to be respected as a trusted partner
• Highly motivated self-starter with excellent time management/prioritization skills
• Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely
• Ability to develop team members
• Self-starter, able to prioritize key tasks & manage deliverables effectively

Preferred qualifications, capabilities, and skills

• 5-7 years of work experience, preferably in Financial Services, and/or accounting/controller background

Should be flexible with shifts but in general it will be an India login timing i.e. 9AM IST or earlier on certain days of the month depending on the critical functions being handled.
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.