Job Description:

Analyst - Asset Management - LEC Req # 190102650

Location Bangalore East, KA, IN

Job Category Accounting/Finance/Audit/Risk

JP Morgan Introduction

JP Morgan is a leading global financial services firm, established over 200 years ago

o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management

o We have assets of $25 trillion and operations worldwide

o We operate in more than 100 markets

o We have more than 243,000 employees globally

Our wholesale businesses include JP Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families

Our corporate functions support the entire organization and include the following functions Accounting, Audit, Finance, Human Resources, Operations, and Technology

JP Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functionsJob Title Asset Management (AM) LEC Analyst (502 Analyst)

JP Morgan serves one of the largest client franchises in the world Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries JP Morgan is part of JPMorgan Chase & Co (NYSE JPM), a leading global financial services firm The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity

JPMorgan Asset Management is a leading asset manager of choice for institutions, financial intermediaries and individual investors worldwide With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match

Department Description

Asset Management Finance fulfils the dual responsibility of providing both legal entity control and MIS within the Line of Business The Legal Entity Control Group within AM Finance has the primary responsibility for ensuring financial integrity within applicable AM US & UK entities, maintaining adherence to regulatory requirements and ensuring a strong control environment exists, as it relates to all products and operational areas that affect the financial accounts


The Analyst in the AM Legal Entity Controller team will have responsibility for the financial integrity, analysis and reporting for one or more legal entities

Key Responsibilities Candidate will be responsible for seamless delivery of daily, monthly, quarterly or any other deliverables of LEC agenda The candidate will have the following key responsibilities

Own the month end process

1 Calculate and record financial information within the General Ledger in relation to key revenues, expenses and balance sheet accounts;

2 Calculate and report movements in seed capital positions to the central team to facilitate applicable US / EMEA seed capital reporting;

3 Generate monthly transfer pricing calculations and journals from the Transfer pricing tool;

4 Prepare Notional positions reporting templates for derivative instruments;

5 Perform reconciliation checks to confirm the monthly equity pick up process has operated correctly;

6 Monitoring of inter entity balances and unnatural balances;

7 Produce month end reporting package ensuring all drivers of the income statement and balance sheet are understood and evidenced with value added commentary

Monthly / quarterly duties

1 Balance sheet reconciliation Produce monthly GL reconciliations packs in line with firmwide GLRS standards

2 Monitor liquidity position and update the cash flow forecast in light of the seed capital pipeline;

3 Produce monthly ManCom reports and quarterly Board papers

4 Produce consolidation packs for submission to the US & UK consolidated and regulatory reporting team

AAT/ CPA/ MBA/ CA or equivalent qualified having 1-3 years of accounting / legal entity controller experience
Financial and Management Accounting skill set
US GAAP, UK GAAP and IFRS working knowledge would be preferable
Excellent communication skills
Excellent organizational skills
Strong PC skills (Excel and Word)
Strong team player
Ability to carry out complex tasks under considerable time pressure, whilst maintaining a high level of accuracy and quality
Understanding of general ledger control and performance of financial reconciliations required
Understanding of statutory accounts prep and audit file preparation
Strong accounting knowledge and past experience in SAP/ERP preferable
Position will be based out of Bengaluru and will involve working in APAC or EMEA shift

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 10th May 2020

Key Skills:

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