LEC- Analyst

Build your career in Legal Entity Control space by being a part of the Corporate and Investment Bank UK Legal Entity Control team, responsible for accounting, reporting, and oversight of J.P. Morgans UK legal entities. With ownership of strategically key legal entities, the teams responsibilities include, but are not limited to, preparation of financial statements (both USGAAP and local GAAP, Federal & SEC regulatory filings, monthly close of entity books & records, analytics, currency risk management, entity-specific accounting policies, legal entity planning, forecasting, strategy initiatives, and overall legal entity maintenance. The group is also dedicated to adding value and improving efficiency, quality, and controls. Monitor the integrity of books and records (both local and USGAAP) of the legal entity, adhering to Legal Entity Control Standards and other applicable global policies. Perform FX trade-out to manage foreign currency-related exposures in accordance with approved procedures. Analyze legal entity Balance Sheet and P&L movements, explaining drivers with appropriate business commentary. Prepare and submit various statistical returns and surveys. Review and explain variance in expenses at the product and line of business (LOB) level, providing summary results to LEC. Post month-end journals for audit accruals and prepare their reconciliation. Prepare and deliver MIS reports to senior management, along with various management packs. Perform analytical review and liaise with LOB Controllers to ensure LE financial results align with the LE booking model. Reconcile and attest general ledger accounts. Resolve inter-entity and investment-equity breaks. Manage swift and appropriate responses to audit queries. Participate in team-wide innovation, efficiency, and automation projects. Ensure up-to-date process documentation and develop key control checks. Liaise with various internal teams such as tax, financial controllers, and internal audit to resolve queries. Required qualifications, capabilities, and skills include being a strong team player with good interpersonal skills, excellent communication and organizational abilities, a strong control mindset, analytical skills, initiative-taking capability, multitasking under time pressure while ensuring accuracy and quality, and proficiency in PC skills including MS Excel, MS Word, MS Access, and Lotus Notes. Preferred qualifications, capabilities, and skills encompass Investment Banking product knowledge (derivatives, equities, and debt securities), familiarity with GL platforms used in J.P. Morgan Chase, being a Chartered Accountant with 0-4 years of experience preferably in the financial services industry and exposure to US GAAP, technical knowledge and understanding of IFRS accounting.,