LEC- Analyst

Job Description

Job Description

Build your career in the Legal Entity Control space by being a part of the Corporate and Investment Bank UK Legal Entity Control team, responsible for accounting, reporting, and oversight of J.P. Morgan's UK legal entities. With ownership of strategically key legal entities, the team's responsibilities include, but are not limited to, preparation of financial statements (both USGAAP and local GAAP), Federal & SEC regulatory filings, monthly close of entity books & records, analytics, currency risk management, entity-specific accounting policies, legal entity planning, forecasting, strategy initiatives, and overall legal entity maintenance. The group is also dedicated to adding value and improving efficiency, quality, and controls.

Job Responsibilities

As an Analyst in the UK Legal Entity Control Team, you will have the following roles and 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
- Perform FX trade-out to manage foreign currency related exposures in accordance with approved procedures
- Analyze legal entity Balance sheet and P&L movements and explain drivers with appropriate business commentary
- Prepare and submit various statistical returns and surveys
- Review and explain variance in expenses at product & line of business (LOB) level and provide summary results to LEC
- Month-end journal posting for audit accruals and preparing their reconciliation
- Prepare and deliver MIS reports due to senior management alongwith various management packs
- Perform analytical review and liaise with LOB Controllers to ensure LE financial results are aligned to LE booking model
- General ledger account reconciliation and attestation
- Inter-entity and investment-equity break resolution
- Manage swift and appropriate responses to audit queries
- Participate in team-wide innovation, efficiency & automation projects
- Ensure up-to-date process documentation and develop key control checks
- Liaise with various internal teams such as tax, financial controllers, internal audit, and resolve queries

Required Qualifications, Capabilities, And Skills

- Strong team player and possesses good inter-personal skills required to work effectively with varied individuals across departments and teams
- Excellent communication and organizational skills
- Strong control mindset and analytical skills
- 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
- Strong PC skills including MS Excel, MS Word, MS Access and Lotus Notes

Preferred Qualifications, Capabilities, And Skills

- Investment Banking product knowledge including derivatives, equities and debt securities would be an advantage
- Knowledge of GL platforms used in J.P. Morgan Chase would be an advantage
- Chartered Accountant with 0-4 years of experience preferably with financial services industry and experience of US GAAP
- Technical knowledge and understanding of IFRS accounting would be desired

About Us

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.

About The Team

J.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.