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JPMorganChase

Legal entity Control - Analyst

Posted 7 Days Ago
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Hybrid
Mumbai, Maharashtra
Junior
Hybrid
Mumbai, Maharashtra
Junior
As a Legal Entity Control Analyst, you will oversee the integrity of financial records, manage foreign currency exposures, analyze balance sheets and P&L movements, prepare US regulatory reports, reconcile general ledger accounts, and participate in innovation projects while collaborating with various internal teams.
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Job Description
You are a strategic thinker passionate about driving solutions in Legal entity Control. You have found the right team.
As an Analyst in the UK Legal Entity Control Team, you will have the following roles and responsibilities:
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
  • 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 US regulatory reports, statistical returns and surveys
  • Review and explain variance in expenses at product & line of business ("LOB") level and provide summary results to LEC
  • Post month-end journal for branch remittances, equity pick-up
  • Prepare and deliver MIS reports due to senior management
  • Perform analytical review and liaise with LOB Controllers to ensure LE financial results are aligned to LE booking model
  • Reconcile and attest general ledger accounts
  • Inter-entity and investment-equity break resolution
  • Legal entity planning and forecasting
  • Preparation of IFRS accounts for UK Regulated and Unregulated entities and presentation to legal entity Boards
  • 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:

  • Minimum of 1 year of experience, preferably with financial services industry and experience of US GAAP
  • Technical knowledge and understanding of IFRS accounting would be desired
  • 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 1-4 years of experience with financial services industry and experience of US GAAP


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.

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JPMorganChase Mumbai, Maharashtra, IND Office

B11, B9, B10, Nirlon Knowledge Park, near Mrinal Tai Gore Flyover, Cama Industrial Estate, Mumbai, Maharashtra, India, 400063

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