Legal Entity Controller – Associate

Job Description

Job title: Legal Entity Controller – Associate

Company: JPMorgan Chase

Job description: Job Description:

Job Summary

The opportunity is to join the Legal Entity Control (LEC) team in London as part of Global Finance and Business Management. The LEC team are based in London and Mumbai and are primarily responsible for the oversight of legal entities in the UK and ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the legal entity financial statements.

As a Legal Entity Control Associate, you will be aligned to a key regulated UK legal entity, as well as being involved in centralised projects to support the wider team. You will have the opportunity to develop a broad understanding on the following:

• The legal entity’s principal activities, businesses within the entity and related products.
• The month end close procedures including validation of monthly financial results and reporting to management.
• Standalone regulatory returns and management reports, including monthly MIS reporting, Board reports, Management Committee reports.

You will join a meritocratic, team orientated environment, committed to individual development and long term career development.

Job Responsibilities

• Manages the month end close procedures for a key regulated UK legal entity, including P&L monitoring, FX trade out and oversight of a variety of month end controls.
• Reviews of the legal entity financial results and coordination with other Finance stakeholders to understand key drivers and prepare legal entity commentary.
• Preparations of monthly and quarterly financial reports and presentation to senior management.
• Identifies and drives enhancements to current processes and controls.
• Partners with other departments in the bank including Product Control, Financial Control, Firmwide Financial Reporting, Tax and UK Regulatory Reporting, developing and fostering good working relationships.
• Supports cross entity projects and initiatives for the wider LEC team.

Required qualifications, capabilities and skills

• Ability to manage and take responsibility for own work, producing reliable, high-quality outputs to an agreed timeline. Good task management skills and ability to prioritise and work to tight deadlines.
• Strong analytical ability, being able to discuss legal entity and business results and issues with senior management and key stakeholders across the Firm.
• Excellent communication and presentational skills and a track record in developing good working relationships.
• Attention to detail and a control focused mindset at all times.
• Solid understanding of investment bank financial accounting and products.
• Qualified accountant (i.e. ACA, ACCA, CPA, CIMA etc.).
• Advanced Microsoft Office skills.

Preferred qualifications, capabilities and skills

• Experience of the Firm’s ledger and consolidation platform (SAP, CDGL and BPC).
• Advanced Excel skills and ideally understanding of process enhancement tools such as Alteryx & Tableau.
• Working knowledge of both US GAAP and IFRS accounting standards.

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. 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.

Expected salary:

Location: London

Job date: Thu, 18 Jan 2024 05:27:25 GMT

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