
Legal Entity Controller
5 days ago
**JOB DESCRIPTION**
You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.
As a Legal Entity Controller professional in our Corporate & Investment Banking [CIB], you will spend each day defining, refining and delivering set goals for our firm
The CIB Markets business is a franchise that spans the Macro (Rates, CEM and Commodities), Spread (Credit and SPG), Equities and Risk market lines.
Income Attribution Controller is an independent control function within Finance responsible for the accuracy and integrity of books and records for the business by Legal Entity ensuring the Income Attribution (i.e. Transfer Pricing) is being applied and executed accurately. The team is end to end owner of the Markets Transfer Pricing arrangements, agreements, calculations and postings as well as deliverables to the tax authorities and facing off audit.
You will be responsible for Income Attribution for a particular Line of Business.
**Responsibilities**:
- Develop knowledge of the Markets Income Attributions concepts and processes and standards. Develop knowledge of the GMRA and Legal Agreements documentation for Income Attribution.
- Tax teams are running various projects that need partnership with IA Controllers, the Associate is expected to lead such projects for IA Controllers team.
- This will include but not limited to
- Liaise with members from Tax teams to understand their requirements for work on Indirect Tax projects as well as Transfer pricing projects for Markets Lines of Business.
- Communicate and escalate as required to mgmt. team the prioritization and updates on periodic basis.
- Collaborate with Tax teams and within IA team as required to execute on the project deliverables.
- Calculation of income attribution for the lines of business at month end and follow through to ensure financial statement integrity
- Review alignment of expense and revenue by legal entity, and work with the onshore product control teams to set up new service level agreements where required
- Escalate reference data or other issues in XIB impacting income attribution as appropriate. Ensure ARIBA is updated and maintained as the corporate repository of service level agreements
- Produce metrics on income attribution in accordance with the governance framework. Prepare submissions to Tax such as APA reports and contribute to ad hoc deliverables from Tax
- Participate in technology initiatives to drive process efficiencies. Partner with the onshore Product Control teams on a regular basis and Financial Control, Planning and Analysis and Tax, where necessary
**Required qualifications, capabilities, and skills**:
- Strong understanding of accounting principles
- Understanding of trading products
- Ability to multi-task and deliver high quality outcomes in a pressured environment
- Ability to adapt and operate in a global environment and partner with onshore locations
- Good communication and relationship management
- Ability to work in a team
- Strong excel skills
**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**
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 ma
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