GFBM FAIR Loans & Deposits Asset Class Controllers - VP Description: About the Employer: JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital. GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions. We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes. JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful. About the Team: - The Financial Accounting, Infrastructure and Reporting team (FAIR) is accountable for the integrity of the books and records of the Firm / LOBs and leading large-scale data, infrastructure, accounting standard and business process change management events. The function enables governance of systemic and manual controls, specifically as it impacts the General Ledger, processing systems, supporting infrastructure and reporting, while also defining and implementing a global General Ledger target platform strategy. FAIR consists of two sub-organizations - one of which is Firmwide Financial Control (FFC); and the second is Firmwide Business Architecture (FBA). - The FFC Organization closely examines the general ledger, operating systems and infrastructure controls across the entire lifecycle and diverse product scope of the investment bank to ensure the firm's financial information is accurately depicted for reporting and regulation purposes. This financial information is used by analysts to assess the firm's financial position; by management to make sound financial decisions; by investors to make informed decisions; and by regulators to supervise and examine the firm appropriately. - The most common functions and activities owned by FAIR include but are not limited to the following: financial analysis, consolidation, reporting, balance sheet reconciliation and substantiation, general ledger reconciliation reporting & governance, inter-entity control and governance, manual accounting/bookings to the general ledger and operating systems, and executing the month end close process. - The FBA Team provides a centralized program management and business analysis capability, targeted program governance, and consistent application of program management standards including system testing and change management practices, with a current focus on: overseeing the Data Acquisition framework for strategic and legacy Finance, T/CIO, and Wholesale Credit Risk platforms; deployment of the Finance Reporting Infrastructure (FRI) for regulatory and management reporting; and oversight of the Chief Data Office (CDO) for Finance and T/CIO. Additionally, the team provides oversight for stand-alone projects on behalf of the Controllers organization (e.g., Brexit, CUSA merger, CECL Reg W, Location Strategy). About the Role: Primary Responsibilities: - Work closely with line of business controllers, financial control, middle office, technology and operations - Partner with FAIR teams globally - Manage the consolidation of JPMorgan Chase financial data at month-end for their asset class, including the ability to support month end, quarter end, and year end activities - Hands-on engagement in projects - Ability to proactively identify process and/or infrastructure enhancements and work with stakeholders enact change - Oversee preparation of the firm's primary financial statements at quarter-end for use in the earnings release and SEC filings - Control post-closing entries and consolidation adjustments - Perform various control procedures to ensure the integrity of reported financial results - Manage intercompany eliminations, a key component of the financial consolidation process - Enhance the overall control environment around the financial reporting function - Mobilize change wherever possible in order to simplify processes and enhance controls Desired Candidate Profile: - Strong accounting knowledge (General Ledger) - Regular check-ins and Career Guidance/Discussion with junior team members and/or direct reports - Possess leadership attributes, time-management skills and strong understanding of the process - Advanced technical skills - Solid understanding of products (Stocks, Bonds, Loans, Derivatives, etc.) - 10+ years of relevant work experience in same industry or Controllership or Accounting domain - Build strong relationships across the team and wider firm to foster collaboration and cohesiveness - Ability to adapt coaching style and approach to the needs of the individual and the situation - Ability to create an environment where everyone can thrive to produce quality results - Solicit feedback from a broad range of team members to gain a fair and balanced perspective - Maintain understanding of the principles, methods and tools to assess the effectiveness, resiliency, vulnerabilities and risks of systems Qualifications: - Bachelor's degree in Accounting, Finance, or related business field - Chartered Accountant or equivalent degree from any other university - In-depth knowledge of industry standards and regulations for US GAAP &/or IFRS Standards Shift Timing: - Largely EMEA shifts - 2 pm to 11 pm. This stretches by few hours at each month end & Quarter ends - We do have Asia regional support as well, which requires to start by 9.30 - 10 am. - Depending on role requirements & clients supported, timing may vary but largely falls in line with what's mentioned above. - Note: This role requires compliance with the Firm's Consecutive Leave Policy. The policy requires certain employees in sensitive positions to be out of the office for a specified period each calendar year. Please ask the recruiter or hiring manager for additional details- JPMorgan 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. 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Bangalore

JP Morgan Chase - Vice President - Loans & Deposits Asset Class Controllers 

JP Morgan Chase - Vice President - Loans & Deposits Asset Class Controllers  ,Job Description for JP Morgan Chase - Vice President - Loans & Deposits Asset Class Controllers  in JP Morgan Chase in  Bangalore for (10-15) years of experience. Apply Now!

Job Description for JP Morgan Chase - Vice President - Loans & Deposits Asset Class Controllers  in JP Morgan Chase in  Bangalore for (10-15) years of experience. Apply Now!