Build your career in the Legal Entity Control space by being a part of the Corporate and Investment Bank UK Legal Entity Control team, responsible for accounting, reporting, and oversight of J.P. Morgans UK legal entities. With ownership of strategically key legal entities, the teams 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. The group is also dedicated to adding value and improving efficiency, quality, and controls.
Job Responsibilities
As an Analyst in the UK Legal Entity Control Team, you will have the following roles and 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 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 audit accruals and preparing their reconciliation
- Prepare and deliver MIS reports due to senior management alongwith various management packs
- 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
- 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
- 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 0-4 years of experience preferably with financial services industry and experience of US GAAP
- Technical knowledge and understanding of IFRS accounting would be desired
