LEC- Mumbai- Associate

You are a strategic thinker passionate about driving solutions in Regulatory Reproting.You have found the right team.

As an Associate in the UK Financial Reporting (FinRep) team based in Mumbai, you will be part of the group 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 through transformation and focusing on improvement of quality and controls.

Job responsibilities

• Assist the team in preparing the firms reporting requirements to the Bank of England and PRA for the UK Bank regulated entities.
• Ensure timely and structured reconciliations are performed, displaying a strong understanding of the control framework around reconciliations and break resolution/investigation.
• Identify and complete manual workarounds, where necessary, to ensure completeness and accuracy of outputs in the operating and processing model.
• Review monthly and quarterly variances, investigate trends, 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 team with reviewing trade flows for new business initiatives, supporting Finance Technology user acceptance testing (UAT) and project execution.
  
• Prepare and review regulatory reports/submissions for JP Morgan entities as per US GAAP / UK GAAP requirements on a monthly and quarterly basis.
• Support various lines of business and Legal Entity controllers with performance reporting and query resolution, especially on regulatory reporting.

Required qualifications, capabilities, and skills

• Strong accounting knowledge with experience in Book closure and finalizing accounts.
• Investment banking product knowledge including derivatives, equities, and debt securities.
• Good team player and quick learner with strong control mindset & analytical skills.
• Strong technical skills including MS Excel, MS Word, MS PowerPoint and Outlook.

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• Good communication and organizational skills including partnering skills and pro-activeness.
• Ability to multi-task under considerable time pressure, whilst maintaining a high degree of accuracy and quality.

Preferred qualifications, capabilities, and skills

• Chartered Accountant or MBA with minimum 2 years experience preferably with financial services industry.
• Strong written and verbal communication skills, including an ability to prepare executive level presentations.
• Familiarity with modern technologies like Alteryx & Python
• Flexibility in work style and have the ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals.