At a Glance
- Tasks: Join our LEC team to impact financial operations and ensure compliance.
- Company: J.P. Morgan, a global leader in financial services.
- Benefits: Diverse work environment, career growth, and recognition from senior management.
- Why this job: Make a real difference in financial reporting and business success.
- Qualifications: Qualified accountant with strong analytical and communication skills.
- Other info: Collaborate with teams in London and Mumbai for a dynamic experience.
The predicted salary is between 36000 - 60000 £ per year.
Join our Legal Entity Control (LEC) team and make a real impact on the financial operations of a UK regulated entity. This is your chance to be part of Global Finance and Business Management, where your expertise will drive our firm’s success and benefit the wider community. Collaborate with talented colleagues in London and Mumbai, and contribute to a robust control environment. Your work will be recognized by senior management and will influence key business decisions. Take the next step in your career with a team that values your skills and dedication.
As a Legal Entity Controller – Associate in the Legal Entity Control (LEC) team, you ensure a strong control environment for all businesses, products, and operational areas impacting US GAAP financials. You work closely with colleagues in London and Mumbai, collaborating across teams to support accurate financial reporting. You help us maintain compliance and drive business success through your expertise. We value your ability to build relationships and deliver high-quality results. You will be part of a team that supports each other and strives for excellence.
Job responsibilities
- Review monthly financial balances and provide business analysis and commentary for senior management.
- Prepare standalone US regulatory reports for the Federal Reserve Bank.
- Deliver supplemental financial information for Corporate Reporting.
- Develop a deep understanding of business flows and products.
- Post legal entity level adjustments during month-end close and on an ad hoc basis.
- Build and maintain strong working relationships with departments such as Product Control, Financial Control, Corporate Financial Reporting, Tax, and UK Regulatory Reporting.
- Act as a point of contact for business queries on financial matters and foster relationships across Lines of Business.
- Collaborate closely with the Mumbai LEC Team.
- Prepare management reports, including monthly MIS, Board Committee papers, and quarterly Executive Management Reports.
- Resolve inter-entity issues efficiently.
- Manage FX tradeout processes.
Required qualifications, capabilities, and skills
- Qualified accountant with extensive post qualification experience.
- Some experience of working in a monthly reporting cycle on either balance sheet or P&L.
- Ability to work under considerable time pressure, whilst maintaining a high level of accuracy and quality.
- Excellent communication and organisational skills.
- Knowledge of heritage organisation systems and architecture.
- Strong analytical ability, being able to discuss results with product controllers and senior management.
- Diverse product knowledge, with an ability to develop an understanding of new products.
- Ability to partner and influence across businesses and other support groups.
- Control focus and mindset at all times, whilst respectively challenging the status quo.
- Attention to detail whilst being cognizant of materiality levels.
- High level of proficiency in MS Excel.
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.
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.
Legal Entity Controller- Associate employer: JPMorgan Chase
Contact Detail:
JPMorgan Chase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Entity Controller- Associate
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing a role in the Legal Entity Control team.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss US GAAP financials and how they relate to the role. We want to see that you can handle the pressure while maintaining accuracy!
✨Tip Number 3
Show off your analytical skills! Be ready to share examples of how you've tackled complex financial issues in the past. This will demonstrate your ability to influence key business decisions, just like we do at J.P. Morgan.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and contributing to our success.
We think you need these skills to ace Legal Entity Controller- Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Legal Entity Controller role. Highlight your qualifications, especially your experience in financial reporting and analysis, to show us you’re the right fit.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a great candidate. Don’t forget to mention your ability to collaborate across teams, as we value teamwork.
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and attention to detail. We want to see how you’ve tackled complex financial issues in the past and how you can bring that expertise to our team.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive!
How to prepare for a job interview at JPMorgan Chase
✨Know Your Numbers
As a Legal Entity Controller, you'll be dealing with financial data daily. Brush up on your understanding of US GAAP and be ready to discuss how you've applied this knowledge in previous roles. Being able to articulate your experience with monthly reporting cycles will show you're the right fit for the team.
✨Build Relationships
Collaboration is key in this role, especially with teams in London and Mumbai. Prepare examples of how you've successfully built relationships across departments in the past. Highlight your communication skills and how they helped you resolve issues or improve processes.
✨Showcase Your Analytical Skills
You'll need strong analytical abilities to discuss results with product controllers and senior management. Be prepared to share specific instances where your analysis led to impactful business decisions. This will demonstrate your capability to contribute to the firm's success.
✨Attention to Detail Matters
In finance, accuracy is crucial. During the interview, emphasise your attention to detail and how it has helped you maintain high-quality results under pressure. Share examples of how you've managed tight deadlines while ensuring compliance and accuracy in your work.