Legal Entity Controller - Associate - Singapore

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

As an Associate within the Singapore Finance Legal Entity Controller (LEC) team  you will be responsible for the accurate and timely submission of financial reporting and regulatory filings of the legal entities in Singapore, working with internal stakeholders as well as regulators. In this role you will be required to partner with colleagues across APAC LEC locations and various others functions globally across United States and Asia.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 for the Securities entity with capital markets services licence (“CMSL”)
• 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 securities 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 relating to CMSL license legal entities.
• Strong knowledge of International Financial Reporting Standards and US 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.
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.