Legal Entity Control

3 months ago

Mumbai, India JPMorgan Chase & Co Full time

**JOB DESCRIPTION** You are a strategic thinker passionate about driving solutions in Legal Entity Control. You have found the right team.**

**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.

**Required qualifications, capabilities, and skills**
- Chartered Accountant with 4-7 years’ experience preferably with financial services industry and experience of US GAAP and IFRS
- 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
- Excellent communication, presentation and organizational skills including decision-making abilities
- 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. Enthusiastic, with a positive attitude

**Preferred qualifications, capabilities, and skills**
- Strong PC skills including MS Excel, MS Word, MS Access and Lotus Notes.
- Investment Banking product knowledge including derivatives, equities and debt securities would be an advantage
- Knowledge of GL platforms like SAP would be an advantage

**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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

**ABOUT THE TEAM**

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

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.

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