Cib Legal Entity Controller

4 weeks ago


Mumbai, India JPMorgan Chase Bank, N.A. Full time

**Global Finance & Business Management ("GF&BM") India** is a combined Line of Business-aligned (LOB-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions. The scale, depth & diversity of GF&BM India provides its employees extensive opportunities to learn and move within the organization, thereby gaining rich experience to build a long term career with the firm.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

**The current opening is within the UK Regulatory Reporting Team in Mumbai which forms part of the CIB LOB within GF&BM India.**

**About the Team**

Corporate Investment Banking (CIB) Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization. The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions.

Over the years, the teams have continued to provide value add to the global finance organization through business insights, technical accounting skills, data analytics, technological enhancements and standardization across lines of business. The key focus areas in the immediate future are driving teams to adapt the skills of the future, digital transformation and enhance product & regulatory reporting framework.

The position is in UK Financial Reporting (Bank of England) team based in Mumbai. The group is a service-orientated business comprised of individuals with knowledge and expertise in understanding, managing and delivering financial information to Local regulators (BOE and PRA) of UK entities. The group is also dedicated to adding value and improving efficiency, quality and controls.

**About the Role**

**Primary Responsibilities**:

- Assist team in preparation of the firm's reporting requirement to the Bank of England for the UK Bank regulated entities.
- Ensure timely and structured reconciliations are performed while displaying strong understanding of the control framework around reconciliations and break resolution/investigation.
- Assist in the identification and completion of manual workarounds, where necessary, to ensure completeness and accuracy of outputs in the operating and processing model.
- Review monthly and quarterly variances, investigate tends and work effectively with the London team to obtain and document business commentary for management.
- Partner with the local Regulatory Project team on new releases and assist the London tram with review of trade flows for new business initiatives.
- Preparation and review of regulatory reports/submissions for JP Morgan entities as per US GAAP / UK GAAP requirements on monthly & Quarterly basis
- Support various lines of business & Legal entity controllers with performance reporting and other query resolution especially on regulatory reporting
- Ensure financial Integrity of General Ledger data by performing control checks & follow ups as required in line with the reporting requirement.
- Support for Finance Technology user acceptance testing (UAT) and project execution
- Chartered Accountant or MBA with 5+ years' experience preferably with financial services industry.
- Good academics and strong accounting knowledge.
- Strong accounting knowledge with experience in Book closure and finalizing accounts.
- Strong control mindset. Analytical skills.
- Ability to multi-task under considerable time pressure, whilst maintaining a high degree of accuracy and quality.
- Good team player and quick learner
- Good Communicatio



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