Legal Entity Controller - Associate

Posted 7 Days Ago
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Singapore
Hybrid
5-7 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As an Associate in the Singapore Finance Legal Entity Controller team, responsible for financial reporting, regulatory filings, and analysis of legal entity implications. Collaborate with internal stakeholders and regulators across APAC and globally. Monitor risk-based capital ratios and ensure capital management of legal entities. Participate in projects, new initiatives, and compliance activities.
Summary Generated by Built In

Job Description
This is a great opportunity to join the Singapore Finance Legal entity controller team
Job Summary:
As an Associate within th eSingapore Finance Legal Entity Controller (LEC) team you will be responsible for the accurate and timely submission of financial reporting and regulatory filings of the legal entities in Singapore, working with internal stakeholders as well as regulators. In this role you will be required to partner with colleagues across APAC LEC locations and various others functions globally across United States and Asia.You will also get the opportunity to be involved in the analysis of legal entity implications for new business developments, changes in regulatory framework and be involved in the monitoring of the risk based capital ratio to ensure adequate capital management and financial ratios of the legal entities.
Job responsibilities:

  • Responsible for the daily and monthly monitoring on the risk based capital ratios for the Securities entity with capital markets services licence ("CMSL")
  • Month-end close process to ensure accurate and complete close of books & records under US GAAP as well as local GAAP
  • Perform analytical review to identify any significant misstatement on the Balance Sheet and Income Statement, and liaise with other functions (e.g. product and financial controllers, middle office) to identify business drivers for significant variances.
  • Participate in working groups for projects and new initiatives impacting the securities entity.
  • Perform impact/gap analysis on new accounting standards and new regulations, as and when required.
  • Perform impact/gap analysis on new products and impact under Risk based capital framework.
  • Coordinate with internal and external auditors and regulators, as and when required.
  • Maintain high level of internal control standards.


Required qualifications, capabilities, and skills:

  • Bachelor's in Finance or Economics or equivalent degree.
  • Post-qualification accounting experience of minimum 6 years in a public accounting firm and/or in a financial institution.
  • Strong knowledge on Risk-based Capital adequacy requirements for local regulatory reporting relating to CMSL license legal entities.
  • Strong knowledge of International Financial Reporting Standards and US GAAP.
  • Strong understanding of derivatives financial products .
  • Possess strong communication, stakeholder management, inter-personal and organizational skill
  • Ability to work effectively under pressure to meet challenging deadlines.
  • Excellent analytical skills and able to handle complex tasks independently
  • Team player who is proactive and willing to take ownership


Preferred qualifications, capabilities, and skills:

  • Proficient user of MS suite of products (e.g. Word, Excel, Powerpoint). Knowledge/experience with one or several dash-boarding/automation tools (Tableau, Alteryx, etc.)


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

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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