Legal Entity Controller - Analyst

Posted 7 Days Ago
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Mumbai, Maharashtra
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Legal Entity Control Analyst, you will oversee accounting and reporting for J.P. Morgan's legal entities, ensuring compliance with US GAAP and local standards, preparing financial statements, managing foreign currency exposure, and collaborating with teams on audits and financial results analysis.
Summary Generated by Built In

Job Description
You are a strategic thinker passionate about driving solutions in Legal Entity Control . You have found the right team.
As a Legal Entity Control Analyst in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will be responsible for accounting, reporting and oversight of J.P. Morgan's UK legal entities. With ownership of strategically key legal entities, the team's responsibilities include, but are not limited to preparation of financial statements (both USGAAP and local GAAP, Federal & SEC regulatory filings, monthly close of entity books & records, analytics, currency risk management, entity specific accounting policies, legal entity planning, forecasting, strategy initiatives and overall legal entity maintenance.
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
  • Month-end journal posting 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
  • General ledger account reconciliation and attestation. 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

  • 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

  • Chartered Accountant with minimum 1 year of experience preferably with financial services industry and experience of US GAAP
  • 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
  • Technical knowledge and understanding of IFRS accounting would be desired


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 market conditions while protecting our fortress balance sheet.

Top Skills

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What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
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Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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