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Controllers, Regulatory Controllers, Associate

3 months ago


London, Greater London, United Kingdom J.P. Morgan Full time

The opportunity is to join the Legal Entity Control (LEC) team based in London as part of Global Finance and Business Management.

The LEC team are based in London and Mumbai and are primarily responsible for the oversight of legal entities in the UK and ensuring that a strong control environment exists as it relates to all businesses, products, and operational areas that impact the UK financial statements.

This role has responsibility for key Legal Entity regulatory deliverables and the strategic restructure or liquidation of UK-controlled entities.

AsUK Legal Entity Controller – Associate inLegal Entity Control team you will be responsible for planning, obtaining approval, and executing Legal Entity Closures and/or restructures.

You will be working with stakeholders including, but not limited to:

  • legal, tax, capital management, and regulatory policy. The role has also been created to support wider LEC responsibilities, such as the production, coordination, and management of statutory financial statements for UK-regulated entities. You will join a team-orientated environment, committed to individual development and long-term career development.
Plans obtains approval, and executes Legal Entity restructures or closures.

Coordinates of ad-hoc requests such as dividends, capital injections, and other corporate actions, and providing tracking of these actions to management.

Supportsvariousprojectsandinitiativeswhichimpactlegalentities includingproduct,regulatory, compliance, andotherbusiness-driveninitiatives or strategies including legal entity simplification.
Builds andmanagesrelationshipswithkeystakeholdersincluding ProductControl, Business Management, Operations, Compliance, Corporate and CIB Treasury, and Regulatory Teams.
Updates and reviews of UK LEC-owned sections of Legal Entity ICARA.
Prepares of ICAAP stress testing and other reporting.

Produces key disclosures contained within the UK statutory financial statements under local GAAP, working closely with the Lines of Business and external audit.

Runs standalone US regulatory reporting to the Federal Reserve Bank
CA, ACCA, CPA, CIMA etc.) Solid understanding of investment and retail bank financial accounting and products.
Ability to work under time pressure, whilst maintaining a high level of accuracy and quality.

Strong analytical ability, being able to discuss legal entity and business results and issues with senior management and various stakeholders across the Firm.

Previous experience of accounts preparation under IFRS preferred.
Experience of the Firm's ledger and consolidation platform (SAP, CDGL, and BPC)
Advanced Excel skills and ideally understanding of process enhancement tools such as Alteryx & Tableau

Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors.

Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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 FAQsfor more information about requesting an accommodation.
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets, and securities services. We provide strategic advice, raise capital, manage risk, and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk.

For further information, and to apply, please visit our website via the "Apply" button below.
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