Global Private Bank Legal Entity Controller
JPMorganChase
Join a globally diverse organization where your accounting expertise will help shape the financial integrity of our private banking business. At JPMorgan Chase, you will collaborate with talented professionals, expand your skills, and play a vital role in maintaining a strong control environment. We offer opportunities for growth, learning, and the chance to make a meaningful impact on our legal entity financials and regulatory reporting.
Job Summary
As a Global Private Bank Legal Entity Controller, you will be responsible for financial oversight and ensuring a robust control environment for all businesses, products, and operational areas impacting legal entity financials and regulatory reporting. You will maintain discipline in financial statement preparation, ensure regulatory requirements are met, and help keep our entities well capitalized. This role offers the opportunity to interact with multiple lines of business and internal stakeholders, providing a comprehensive view of legal entity controllership.
Job Responsibilities
- Implement the Wealth Management Solutions operating model structure for the new Registered Investment Advisory (RIA)
- Migrate activity to the new RIA to ensure compliance with financial and regulatory reporting requirements
- Prepare financial statements and board packages for the new RIA
- Respond to internal and external audit requests related to RIA business efforts
- Perform monthly legal entity accounting and control, including month-end close, parent/child accounting, equity pick up, inter-entity break review, and monitoring of unnatural general ledger balances
- Conduct month-end analytical reviews to ensure completeness and accuracy of financial statements, prepare various reports, and provide legal entity and line of business financial commentary and regulatory reporting
- Investigate, analyze, and resolve issues while responding to ad-hoc queries
- Review monthly SAPCO analysis for the new RIA
- Monitor the general ledger, perform variance analysis (month-over-month/year-over-year), and provide commentary as needed
- Participate in firmwide legal entity reporting projects, including infrastructure and process improvement efforts (automation) and other Controller initiatives
- Manage monthly reconciliations and processes, including Ops Reserves, Outside Counsel fees, dual-hatted processes, and support the OCC Reg 9.10 daily collateral process and new collateral report to increase same-day collateral and reduce risk for Amber and Red events
Required Qualifications, Capabilities, and Skills
- Bachelor’s degree in Finance, Accounting, or related business field
- Strong communication skills across all levels of management
- Written and verbal communication skills, including ability to create concise and effective requirements documents and communication materials for technical and non-technical audiences
- Strong judgment, professional maturity, personal integrity, strong work ethic, proactive and results-oriented, fact-based, and able to manage multiple tasks simultaneously; courage to ask tough questions and challenge the status quo
- Result-oriented, with a track record demonstrating a high level of personal initiative including setting and achieving challenging goals
- Proficiency in Microsoft Excel, Word, and PowerPoint
- Proficient in SQL (Toad Oracle, Teradata) with strong focus on data retrieval from multiple databases
- Regulatory reporting experience
Preferred Qualifications, Capabilities, and Skills
- Experience in legal entity controllership within a global financial institution
- Familiarity with Registered Investment Advisory (RIA) operations and reporting
- Experience with SAPCO analysis and commentary
- Ability to drive process improvements and automation initiatives
- Strong analytical skills and attention to detail
- Experience supporting audit and regulatory examinations
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Drive financial oversight and regulatory compliance for legal entities within a global private bank.