1+ months

FAIR_Loans & Deposits Asset Class Controllers_Analyst

Mumbai, MH 400001
  • Job Code
    210327672

Global Finance & Business Management (œGF&BM) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan™s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm™s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm™s capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main œpillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

About the Team

The Financial Accounting, Infrastructure and Reporting team (FAIR) is accountable for the integrity of the books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business process change management events. The function enables governance of systemic and manual controls, specifically as it impacts the General Ledger, processing systems, supporting infrastructure and reporting, while also defining and implementing a global General Ledger target platform strategy.

FAIR consists of two sub-organizations - one of which is Firmwide Financial Control (FFC); and the second is Firmwide Business Architecture (FBA).

The FFC Organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the investment bank to ensure the firm™s financial information is accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the firm™s financial position; by management to make sound financial decisions; by investors to make informed decisions; and by regulators to supervise and examine the firm appropriately. The most common functions and activities owned by FAIR include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation and substantiation, general ledger reconciliation reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and operating systems, and executing the month end close process.

The FBA Team provides a centralized program management and business analysis capability, targeted program governance, and consistent application of program management standards including system testing and change management practices, with a current focus on: overseeing the Data Acquisition framework for strategic and legacy Finance, T/CIO, and Wholesale Credit Risk platforms; deployment of the Finance Reporting Infrastructure (FRI) for regulatory and management reporting; and oversight of the Chief Data Office (CDO) for Finance and T/CIO. Additionally, the team provides oversight for stand-alone projects on behalf of the Controllers organization (e.g., Brexit, CUSA merger, CECL Reg W, Location Strategy).

About the Role

As an Analyst in Firmwide Financial Control Organization

Primary Responsibilities:

  • Work closely with line of business controllers, middle office, and operations
  • Work with the businesses to ensure understanding of monthly profit and loss
  • Manage the monthly consolidation of JPMorgan Chase income statement and balance sheet
  • Develop and maintain financial reports and schedules
  • Control post-closing entries and consolidation adjustments
  • Perform various control procedures to ensure the integrity of reported financial results
  • Participate in all aspects of the production of the monthly financial variance analysis Report
  • Support ad-hoc requests for financial information received from across the firm

Desired Candidate Profile:

  • Proficient desktop/spreadsheet/database skills
  • Proficient organizational and problem-solving skills
  • Proficient verbal and written communication skills
  • Basic understanding of the firm™s products
  • Comfort liaising with business and risk partners while building and maintaining relationships
  • Ability to critically challenge with the goal of identifying control issues
  • Ability to understand business drivers and requirements and influence others to deliver solutions
  • Ability to quickly understand workings of a complex processing system and general ledger systems across the infrastructure and their interrelationships and dependencies
  • 1-4 years of relevant work experience in same industry or Controllership or Accounting domain
  • Respond promptly to both planned and emerging business requests and needs
  • Ability to build trusting relationships and establish credibility with peers, managers and stakeholders
  • Engage with relevant stakeholders to escalate issues before it becomes a risk
  • Demonstrates a willingness to learn from experience and apply that learning on the job
  • Remain professional, helpful, and responsive to client/customers™ needs while adhering to JPMC standards

Keyword: consumer%20banking

Sponsored by:
ADP Logo

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

FAIR_Loans & Deposits Asset Class Controllers_Analyst

JPMorgan Chase & Co.
Mumbai, MH 400001

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast