JPMorgan Chase Bank, N.A. Hiring for Legal Entity Control – Associate at Mumbai, Maharashtra Full Time

Job 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. 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 like SAP would be an advantage

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.