Job Summary:
Corporate Investment Banking (CIB) Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization. The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions.
Over the years, the teams have continued to provide value add to the global finance organization through business insights, technical accounting skills, data analytics, technological enhancements and standardization across lines of business. The key focus areas in the immediate future are driving teams to adapt the skills of the future, digital transformation and enhance product & regulatory reporting framework.
Want more jobs like this?
Get Data and Analytics jobs in Mumbai, India delivered to your inbox every week.
The position is in UK Financial Reporting (Bank of England) team based in Mumbai. The group is a service-orientated business comprised of individuals with knowledge and expertise in understanding, managing and delivering financial information to Local regulators (BOE and PRA) of UK entities. The group is also dedicated to adding value and improving efficiency, quality and controls.
Job Responsibilities:
- Responsible for preparation of the firm's reporting requirement to the Bank of England for the UK Bank regulated entities.
- Responsible for timely and structured reconciliations are performed while displaying strong understanding of the control framework around reconciliations and break resolution/investigation.
- Assist in the identification and completion of manual workarounds, where necessary, to ensure completeness and accuracy of outputs in the operating and processing model. Review monthly and quarterly variances, investigate tends and work effectively with the London team to obtain and document business commentary for management.
- Partner with the local Regulatory Project team on new releases and assist the London tram with review of trade flows for new business initiatives.
- Preparation and review of regulatory reports/submissions for JP Morgan entities as per US GAAP / UK GAAP requirements on monthly & Quarterly basis
- Support various lines of business & Legal entity controllers with performance reporting and other query resolution especially on regulatory reporting
- Responsible for financial Integrity of General Ledger data by performing control checks & follow ups as required in line with the reporting requirement. Support for Finance Technology user acceptance testing (UAT) and project execution
Required qualifications, capabilities, and skills:
- Chartered Accountant or MBA with 2+ years' experience preferably with financial services industry.
- Good academics and strong accounting knowledge.
- Strong accounting knowledge with experience in Book closure and finalizing accounts.
- Strong control mindset. Analytical skills.
- Ability to multi-task under considerable time pressure, whilst maintaining a high degree of accuracy and quality.
- Good Communication and organizational skills including partnering skills and proactiveness
- Investment banking product knowledge including derivatives, equities, and debt securities.
ABOUT US
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.