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.
• 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.
  

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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.
  

ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the worlds 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
J.P. Morgans 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.