Hiring for Sr.analyst_regulatory Reporting in Mumbai, for Exp. 2 - 5 yrs at JPMorgan Chase.,Mumbai (Job in Mumbai)
(Not Shown) (Please mention IndiaDynamics.com when contacting)
Job Description:J.P. Morgan is a leading global financial services firm, established over 200 years ago: o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. o We have assets of $2.5 trillion and operations worldwide o We operate in more than 100 markets. o We have more than 243, 000 employees globally. Our wholesale businesses include J.P. Morgan s Asset Management, Commercial Banking and the Corporate & amp amp Investment Bank which provide products and services to corporations, governments, municipalities, non- profits, institutions, financial intermediaries and high- net worth individuals and families. Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology. J.P. Morgan in India provides a comprehensive range of Corporate & amp amp Investment Banking, Commercial Banking, Asset & amp amp Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi- national corporations, non- government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions. Standalone Regulatory Reporting Department Description: Corporate Financial Reporting (CFR) provides & quot best in class& quot reporting to both our internal and external clients. Best in class reporting would include informative, accurate, reliable and timely financial information that can be used by management to make sound financial decisions for analysts to assess the Firm s financial position investors to make informed decisions and regulators to supervise and examine us appropriately. Our goal is to continuously improve the reporting process through enhancements to the control environment and to improve the operating model. The Financial Reporting team also works closely with the businesses to design and implement the accounting and reporting for mergers, acquisitions and dispositions, both internal (i.e. showing impact on the firms results) and external, as well as play a key role in the implementation of new accounting standards and new reporting requirements. Associate Roles and Responsibilities: This role in CFR s Standalone Regulatory Reporting provides a unique opportunity to interact with multiple lines of business and corporate groups and learn about a variety of products and services offered across the firm and how these affect the financial statements of the firm in a fast paced and deadline oriented environment. The individual will be responsible for aggregating data of various regulatory submission like FR2314, FR Y- 11, FFIEC030, FR2028/ FR2835 BE- 125/ BE185, BE577..etc The candidate will also be responsible for continuing to enhance the controls and efficiency over the financial reporting processes which may include transitioning to target data sources and preparing work paper binders in accordance with Sarbanes- Oxley 404 documentation standards. This role requires the individual to: Manage the data aggregation for various FED reports Understand and clearly communicate data collection requirements to the lines of businesses Participate in various aspects for the production of aggregate firm wide data for monthly, quarterly and annual external disclosures as applicable Managing relationships with the Lines of Business as well as with CFR teams that are responsible for the external reporting of the firm wide data Qualifications and skill sets: Strong accounting background CA with 2 years experience. Excellent computer skills especially MS excel Strong control/ documentation background Strong communications skills Ability to work on multiple priorities Understanding of Axiom application will be added advantage.