IB F&BM – Commodities Legal Entity Controller- Associate
Commodities Legal Entity Controller
J.P.
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. J.P.
Morgan is part of
JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion.
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. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P.
Morgan and Chase, and WaMu brands.
UK Finance has primary responsibility for ensuring financial integrity within all UK based legal entities and to ensure a strong control environment exists as it relates to all businesses, products and operational areas that impact the UK financial accounts.
Global Commodity Group
The GCC Group is a market leader in the trading and market making of Commodity products across the globe.
The Commodities groups are run as global books across time zones.The Metals business comprises of Precious and Base metal trading. The former encompasses Gold, Silver, Platinum and Palladium trading, identifying opportunities for mining companies, central banks and hedging funds.
Base Metals primarily deal on the London Metal Exchange in futures and options - aluminium, copper etc. as well as OTC trading solutions for manufacturers and suppliers.The Energy group is a physical and derivative trading and marketing group.
The mandate for the group is to provide energy clients with derivative solutions/hedging strategies across crude oil, refined products, natural gas and Index trading (GCSI and DJAIGCI).
They market swaps, options, swaptions, forwards and jointly with the Currency and Commodity Solutions group market customised structures.
They deal directly with end users, suppliers and speculators.The Softs group is a derivative trading and marketing group.
The mandate for the group is to provide softs clients with derivative solutions/hedging strategies across agricultural commodities (coffee, cocoa, sugar, wheat, soy products, corn) and Index trading (GCSI and DJAIGCI).
They market swaps, options, swaptions, forwards and jointly with the Currency and Commodity Solutions group market customised structures.
They deal directly with end users, suppliers and speculators.The Commodity Solutions group is a primarily a derivative structuring group. The mandate for the group is to provide derivative solutions across the broad spectrum of all currencies and commodities including precious metals, base metals, softs and energy to any range of customers. They deal directly with the sales force and share responsibility for PL amongst their assigned teams. Their job is to innovate products, provide solutions, spot opportunities and enhance client relationships. They work in partnership with all areas of the bank.The DepartmentThe Commodity business is in a period of rapid growth at JPMorgan. The LEC team is tasked with ensuring integrity of financial data through this period of change and timely and accurate submission of local and internal filings. The Commodities LEC team is a small team of qualified accountants with responsibility for the Commodity related legal entities in the EMEA region. The position will report to the Commodity Legal Entity Controller.
The RolePrimary Responsibilities:Production of statutory accounts under UK, Swiss, and other relevant local GAAPEnsuring compliance with regulatory standardsEnsuring compliance with local and group accounting standardsLiaison with local accountants and tax advisorsCo-ordination of auditsMonthly sign of balance sheet and pnlPrime point of contact for queries relating to legal entityAssistance in ensuring an effective control environmentAd hoc
enquires as requiredSecondary Responsibilities:Liaison with business to ensure resolution of ad-hoc issues eg funding, fx,Liaison with local tax advisors to ensure timely filing and payment of local submissions
Qualifications
Key competenciesAccountancy qualification essentialCommodities knowledge not essential but would be preferableMotivated self starter with ability to work unsupervisedTenacious mind with ability to challenge the status quoDesire to understand the bigger pictureExcellent communication skillsTeam playerAbout JPMorgan Chase Co.
J.P.
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. J.P.
Morgan is part of
JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion.
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. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P.
Morgan and Chase, and WaMu brands.
J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package.
J.P. Morgan is an Equal Opportunity Employer.
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