Job Description

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About the Employer

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at .

Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-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.

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 BCE Control in Prism, Mumbai which forms part of the CIB LOB within GF&BM India.

About the Team

BCE Control teams functional responsibility includes wide range of activities of financial reporting of Brokerage Clearing & Exchange fees (BC&E), provide monthly variance commentary and analytics for senior management , monthly forecasting, oversight and coordination of budgeting exercise, analysis of financial metrics, develop new reporting capabilities (Dashboard) and work closely with FP&A teams to finalize the plan and budget for outer periods for brokerage expense for LOBs across CIB (Markets).

In addition, the team is responsible towards a Strategic Initiative supporting Brokerage Expense centralization agenda across Operations, Technology and Finance and is heavily involved in designing and defining financial/accounting requirement, testing/validations , reconciliations/ investigations and regularly communicating to stakeholders

This niche function provides a great opportunity to develop skill-sets of FP&A team due to current reporting responsibilities as well as that of product control teams due to future state of strategic initiatives (cost optimization, vendor negotiations, broker corporate deals strategies etc)

Stakeholders of the group include CIB finance senior management, business heads, product controllers & planning and analysis. The team works extensively with the LOB Finance Controllers, FP&A , Product Controllers and Business Managers to ensure complete and accurate reporting of brokerage & clearing expense for both actuals and forecasts. This teams supports and analysis helps the line of business CFOs and BMs help strategize how to optimize the brokerage expense, increase profitability and efficiencies..

About the Role

Primary Responsibilities:

• Monthly Brokerage Clearing & Exchange fees (BC&E) reporting for LOBs across CIB (Markets)
• Review monthly and quarterly variances, investigate trends and work effectively with the operations, controllers etc. for business commentary
• Forecasting & Analytics of BC&E expense
• Projects on BC&E mandate
• Reference data set up for new LE / BC&E category
• Data analytics of BCE expense and variance analysis
• Project management for BC&E finance
• Testing of new POD developments on product - Dev, UAT & Prod etc.
• Design accounting schema for new product
• Extraction & investigation of data from different ledger / booking systems
• Process improvement initiatives

Desired Candidate Profile:

• Graduate / MBA / Technical background with 3-5+ experience
• BC&E work stream & controller knowledge (Preferable)
• Good accounting knowledge with relevant experience related to reconciliations and data sourcing and analytics (Essential)
• Good team player, quick learner, enthusiastic, with a positive can do attitude.
• Strong PC skills including MS Excel, MS Word, MS PowerPoint, MS Access and Outlook (Essential) and also inclination towards learning & building automated solutions for manual processes
• Investment banking product knowledge including derivatives, equities and debt securities (Preferable)

Shift Timing: 1.30 - 10.30 pm India Time

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.