About JPMorganChase & Co.
JPMorgan Chase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse career growth in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence. The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.
As an Entity Controller (LEC) within CIB, you are responsible for overseeing activities in legal entities, ensuring the integrity and accuracy of financial results and statements. The current opening is within GF&BM CIB Controllers in Mumbai, which is part of the CIB Line of Business (LOB) within GF&BM India.
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
- Review FX open positions. Manage and mitigate foreign currency related exposures through FX trade-out. Analyze legal entity Balance sheet and P&L movements and explain drivers with appropriate business commentary. Present summary of LE financial performance to Senior stakeholders, Lead Controllers and LEC
- Production and review of financial information, Board reporting and other MIS functions. US Regulatory, statistical, and economic survey submission. Drive action & implementation of new guidance in partnership with central teams
- Develop operating models and policy framework through focus on specific control enhancement areas. Participate and drive key legal entity strategy and simplification programs through discussion and execution
- Validation and attestation of LEC owned general ledger balance sheet accounts. Liaise with firmwide Regulatory, Product Controller, Tax and other teams on various improvement projects to drive control actions. Contribute to overall team efficiencies by working on automation and digitisation agenda
- Handle auditors (both Statutory and internal), QA teams and regulators through effective query response and resolution. Review and present Statutory accounts for UK legal entities and drive actions to resolve queries
- Evaluate New Business initiative approvals and provide updates to LEC regarding impact to LE accounts and processes. Manage team learning & development and resiliency through continuous training and knowledge transfers.
- Prepare and submit weekly financial statements and liquidity reports for selected balance sheet items. Conduct quarterly P&L and balance sheet reporting, including onshore/offshore ratio-based analysis. Analyze legal entity and line of business results, including variance analysis, booking validation, and transfer pricing compliance.
- Partner with Financial Control, Tax, and other stakeholders on revenue allocation and transfer pricing updates, and work alongside regional controllers to resolve legal entity and line of business inconsistencies.
- Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements.
Required qualifications, skills and capabilities
- Strong team player with good people management and inter-personal skills required to work effectively with varied individuals across departments and teams
- Strong control mindset and analytical skills
- Ability to multi-task complex requirements under considerable time pressure, whilst maintaining a high degree of accuracy and quality
- Solid understanding of industry practices and accounting principles.
- Strong analytical abilities and interpersonal skills.
- Effective written and verbal communication and presentation skills.
- Familiarity with process transformation methodologies or automation solutions.
- Proactive, detail-oriented, and collaborative approach.
- Knowledge of IFRS, US GAAP, and financial products. Knowledge of SAP, Axiom, WDesk. Knowledge of Excel, Alteryx, Qlik Sense, Python.
Preferred qualifications, skills and capabilities
- Knowledge of IFRS, US GAAP, and financial products. Knowledge of SAP, Axiom, WDesk.
- Knowledge of Excel, Alteryx, Qlik Sense, Python.
- Investment Banking product knowledge including derivatives, equities and debt securities would be an advantage
- Chartered Accountant with 4-7 years’ experience preferably with financial services industry and experience of US GAAP and IFRS
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.
Skills Required
- Strong team player with people management and interpersonal skills
- Strong control mindset and analytical skills
- Ability to multi-task complex requirements under time pressure with high accuracy
- Solid understanding of industry practices and accounting principles
- Effective written and verbal communication and presentation skills
- Familiarity with process transformation methodologies or automation solutions
- Proactive, detail-oriented, collaborative approach
- Knowledge of IFRS and US GAAP
- Knowledge of financial products (investment banking products, derivatives, equities, debt securities)
- Knowledge of SAP
- Knowledge of Axiom
- Knowledge of WDesk
- Advanced Excel skills
- Knowledge of Alteryx
- Knowledge of Qlik Sense
- Knowledge of Python
- Investment banking product knowledge (derivatives, equities, debt) - advantage
- Chartered Accountant with 4-7 years' experience, preferably in financial services
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.
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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.
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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.
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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
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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