Description

The Legal Entity Control team is responsible for financial, capital adequacy and liquidity oversight of their legal entity, and is tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.

This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. The Associate will liaise with the line of business finance teams, operations and the Legal Entity Controller community to drive the Legal Entity agenda. Specific responsibilities will include:

• Legal Entity accounting and control, including month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks and unnatural general ledger balance monitoring
• Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including contributions to the Monthly Controller's Book, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements
• Liquidity control for regulated legal entities
• Capital adequacy and control for regulated legal entities
• Investigation, analysis and resolution of issues and response to ad-hoc queries
• Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring
• Intercompany Activity Control including variance commentary
• Monitoring of the G/L including consolidation and netting
• Participate in Firmwide and legal entity projects including infrastructure, new products and process improvement efforts and other Controller initiatives as needed

Qualifications:

• Bachelor's degree in accounting, finance or related business field
• 5+ years finance/accounting experience in banks
• Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances
• Superior attention to detail
• Outstanding written and verbal communication skills, including an ability to prepare executive level presentations
• Ability to work effectively with others, as well as act as an effective liaison with all business partners within the lines of business or legal entity chains
• Strong initiative and work ethic
• Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
• Advanced Excel and PowerPoint skills required, technological skills are a plus

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

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.