Job Description

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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 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.

CIB

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 Legal Entity Control team is responsible for financial oversight of their legal entity, and is tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.

About the Role

Primary Responsibilities:

This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. The Associate will be supporting CIB Legal Entities across US and Canada. It requires liaising with the line of business finance teams, product controllers, operations and the Legal Entity Controller community to drive the Legal Entity agenda. Specific responsibilities will include:

• Legal Entity accounting and control on a monthly basis, including month-end close process, FX Trade Out, parent/child accounting, equity pick up, review of inter-entity breaks, cash breaks and unnatural general ledger balance monitoring.
• Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including Legal Entity and line of business financial commentary, Indirect Expenses budget analysis and regulatory reporting requirements.
• Investigation, analysis and resolution of issues and response to ad-hoc queries.
• Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring.
• Recovery & Resolution Reporting, Reconciliation and Substantiation of GL Accounts and LEC Issue Metrics Reporting.
• Weekly Net Capital Estimate for US Broker Dealer, Local Regulatory Reporting of Canada LEs & ensuring Regulatory compliance.
• Liaising with various stakeholders, Internal QA Review and Auditors for Statutory Audit, Internal Audit.

Desired Candidate Profile:

• Chartered Accountant with minimum 4 years of experience preferably with financial services industry and experience of IFRS/US GAAP
• 4+ years finance/accounting - related experience
• Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances
• Superior attention to detail
• Outstanding written and verbal communication skills, including an ability to prepare executive level presentations
• Ability to work effectively with others, as well as act as an effective liaison with all business partners within the lines of business or legal entity chains
• Strong initiative and work ethic
• Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
• Advanced Excel and PowerPoint skills required
• Investment Banking product knowledge including derivatives, equities and debt securities

Knowledge of GL platforms used in J.P. Morgan Chase would be an advantage

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.