Private Banking – Legal Entity Controller – Associate recruitment
J.P. Morgan Chase Co. is a leading global financial services firm with assets of more than $2 trillion, over 200,000 employees and operations in over 60 countries. It operates across six business segments including Investment Banking, Commercial Banking, Treasury Securities Services, Asset Management, Retail Financial Services and Card Services.
The Private Banking division of J.P. Morgan Chase Co. is part of the Asset Management business segment. It has offered over 160 years of customized solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world. With assets under management of $1.3 trillion, it is one of the largest asset and wealth managers in the world.
An exciting opportunity has arisen for a Legal Entity Controller to join its Asia Legal Entity Control (LEC) team in the Finance department. This position will base in Singapore and report to the Asia LEC Manager.
Job functions / responsibilities:
Team member of the Private Bank Asia LEC in Finance
- In-charge of the legal entity control functions for the business in Singapore and Hong Kong branch entities
- Ensure compliance with the Corporate Accounting and Control policies
- Ensure timely and accurate local regulatory reporting
- Participate in new business initiatives
- Liaise with the regulators, internal and external auditors for business specific examinations
- Responsible for compliance with Firm's General Ledger Reconciliation and Substantiation (GLRS) policies
- Maintain high level of internal control standards
- Keep abreast with the recent regulatory and accounting developments / changes and analyze impact and ensure compliance of these changes
- Work closely with the extended LEC team in Mumbai to fulfill all the daily tasks
- Partner with the location LEC of the Investment Bank to ensure that business specific financials are properly consolidated into the Singapore and Hong Kong entities
Skills
- Qualified Professional Accountant
- Post-qualification accounting experience of 4 - 6 years
- Working experience in a Financial Institution is an advantage
- Good knowledge of International Accounting Standards and US GAAP
- Broad understanding of local regulations pertaining to the banking industry is a plus
- Possess strong communication, inter-personal and organizational skills
- Good computer skills - strong in MS Excel and MS Word
- Analytical mind and a self-starter
- Be able to handle complex tasks independently
- Team player