Menu

Corporate Controllers - Bank Legal Entity Control - Analyst

at JPMorgan Chase in Newark, Delaware, United States

Job Description

Analyst – Lead Bank Controller: Bank Legal Entity Controller

Bank Controller, Accounting Policy & Reporting team overview : The Bank Controller, Accounting Policy and Reporting organization consists of the Bank Controllers team, Accounting Policy team and Reporting team.

+ The Bank Controllers team is responsible for the Legal Entity Controller (LEC) functions for JPMorgan Chase Bank N.A. (Lead Bank), JPMorgan Chase & Co (Parent Co) and JPMorgan Chase Holdings LLC ( Intermediate Holding Co ), including on-going capital monitoring and adequacy. The group is also accountable for the Firmwide Legal Entity (LE) strategy and simplification agenda, and for managing the Firmwide LE reorganizations & capital actions (RCA policy), affiliate support documents (ASD policy) and Reg W governance.

+ The Accounting policy team establishes global accounting and disclosure policies for the Firm and provides guidance on the accounting and disclosure of complex and judgmental accounting matters.

+ The Reporting team consists of SEC reporting and the QRC function. The SEC Reporting team is responsible for the compilation, review, and filing of the Firm’s consolidated quarterly and annual financial statements and supplemental information for the quarterly Earnings Release with the SEC. The QRC function is responsible for quality reviews of various JPMorgan Chase’s external financial reports and presentations, including earnings material and the Annual Report and proxy.

Team Overview: The Legal Entity Control team (Bank LEC) is responsible for the oversight of JPMorgan Chase Bank, N.A. (Lead Bank), J.P. Morgan International Finance Limited (Edge Act corporation) and J.P. Morgan Overseas Capital LLC 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.

Responsibilities:

The Analyst will liaise with line of business finance teams and the Legal Entity Controller community to drive the team’s agenda. Specific responsibilities will include:

+ Legal entity accounting & control including month-end close process, parent/child accounting and equity pick-up

+ 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

+ Develop and maintain financial reports and schedules and perform various control procedures to ensure the integrity of reported financial results

+ Assist on special projects and process improvements which help drive the team’s agenda

+ Investigation, analysis and resolution of issues and support ad-hoc requests for financial information received from across the firm

Skills:

+ 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

Qualifications:

+ Bachelor’s degree in Accounting, Finance, or related business field

+ Basic knowledge of industry standards and regulations

+ CPA license beneficial in some Bank Controller roles but not required

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Full vaccination is a requirement for this role for new hires joining JPMorgan Chase . Additional requirements include sharing information including your vaccine card in the firm’s vaccine record tool and may include mask wearing and social distancing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Note: The requirement to be fully vaccinated to be hired for this role does not apply to roles with a work location in Arkansas, Florida, Iowa, Montana, and Tennessee. For applicants to these roles, JPMorgan Chase will consider all qualified applicants regardless of vaccination status, due to state and local laws.

Equal Opportunity Employer/Disability/Veterans

Copy Link

Job Posting: JC196740368

Posted On: Nov 05, 2021

Updated On: Feb 27, 2022