Legal Entity Controller- Associate

Posted 6 Days Ago
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Bengaluru, Karnataka
Hybrid
3-5 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Legal Entity Controller Associate at JPMorgan Chase & Co. in Bangalore, India, is responsible for financial oversight of their legal entity and ensuring a strong control environment exists for all businesses, products, and operational areas impacting the Legal Entity financials and regulatory reporting of the firm.
Summary Generated by Built In

Job Description
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
Join JPMorgan Chase & Co., a leading global investment bank, in our Global Finance & Business Management (GF&BM) India team. This role offers the opportunity to work across various business lines and oversee financial aspects of the legal entity within the GPB Legal Entity controller team in Bangalore. We value diversity, inclusion, and continuous improvement. Candidates should have an interest in accounting, understanding of financial statement structures, and willingness to learn SAP, MS Office suite. A CA or Bachelor's degree in a related discipline and 4+ years' experience is required.
As a Legal Entity Controller- Associate within the Asset and Wealth Management Finance and Business Management team, you will play a crucial role in our strategic management of capital, fostering growth and efficiencies, maintaining financial reporting, and proactively managing risk. You will offer information, analysis, and recommendations to enhance results and influence decisions, ensuring that the company can navigate through all market conditions while safeguarding our fortress balance sheet.
Job Responsibilities

  • Oversee month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks, and unnatural general ledger balance monitoring. Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed.
  • Review Month-End analytical of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements
  • Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring and Intercompany Activity Control including variance commentary
  • Monitoring of the G/L including consolidation and netting
  • Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
  • Define testing & quality assurance requirements and run testing with a particular focus on automated testing solutions and work seamlessly with the project manager to drive the project objectives


Required qualifications, capabilities and skills

  • At least 4+ year's working experience
  • CA or Bachelor's degree in Finance, Accounting, Economics (or related discipline) or equivalent experience
  • Developing understanding of financial statement structures and US GAAP / IFRS or any local GAAP
  • Comfort with daily, monthly, or quarterly reporting cycles and strict deadlines
  • Experience using or willingness to learn SAP, MS Office suite
  • Open to work in Europe and Middle-East African Shift


About Us
JPMorgan Chase & Co., 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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
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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