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Associate Controller - Bank LEC

Company: JPMorgan Chase
Location: Newark
Posted on: January 25, 2023

Job Description:

Associate - Lead Bank Controller: Bank Legal Entity ControllerBank 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 Associate 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 firmQualifications:
      • Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances
      • Superior attention to detail
      • Outstanding written and verbal communication skills; ability to prepare executive level presentations a plus
      • Ability to work effectively with others and liaise with LOB business partners
      • Strong initiative and work ethic
      • Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
      • 2-5 years finance/accounting - related experience
      • Bachelor's degree required
      • Advanced excel, PowerPoint skills requiredJPMorgan 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. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.Equal Opportunity Employer/Disability/Veterans

Keywords: JPMorgan Chase, Newark , Associate Controller - Bank LEC, Accounting, Auditing , Newark, Delaware

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