Job Description
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
The Legal Entity Control team is responsible for financial 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:
Primary Responsibilities:
Job Responsibilities:
• Legal Entity accounting and control on a monthly basis, 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
• 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 legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
The Legal Entity Control team is responsible for financial 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:
Primary Responsibilities:
Job Responsibilities:
• Legal Entity accounting and control on a monthly basis, 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
• 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 legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed
💡 Quick Summary
Seeking a career-building opportunity? The Legal Entity Controller Associate position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
