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JPMorgan Chase Bank
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LEC- Associate

LEC- Associate

JPMorgan Chase Bank

2 - 14 years

20 - 25 Lacs

mumbai

Posted:2 days ago| Platform:

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Skills Required

financial statements financial analysis ecb analytical transfer pricing product control stakeholder management continuous improvement variance analysis ariba

Work Mode

Work from Office

Job Type

Full Time

Job Description

Execute month-end income attribution calculations for various business lines, ensuring the accuracy and integrity of financial statements.
Demonstrate a strong understanding of business booking models for Markets Lines of Business (LOBs) and apply regulatory rules and restrictions related to Transfer Pricing.
Evaluate the alignment of expenses and revenue by legal entity; collaborate with onshore Product Control teams to establish new Service Level Agreements (SLAs) as needed, ensuring adherence to global income and expense attribution standards.
Address reference data or system issues in XIB impacting income attribution, and ensure ARIBA is consistently updated and maintained as the corporate repository for SLAs.
Analyze income attribution metrics in line with the governance framework; prepare tax submissions (e.g., APA reports) and support ad hoc deliverables requested by Tax.
Participate in technology initiatives to enhance process efficiencies across Markets and Non-Markets (Sales & Trading); regularly collaborate with Product Control, Financial Control, Planning & Analysis, and Tax teams.
Support regulatory and external tax requests (e.g., ECB, SEC, HMRC) in partnership with Tax and Location Legal Entity Controllers (LECs).
Collaborate with auditors during annual audits of income attribution processes; conduct month-on-month variance analysis, validate revenue and cost bookings in legal entities, and identify potential inconsistencies in transfer pricing.
Provide prompt and accurate responses to audit inquiries and variance questions from Legal Entity Controllers (LEC) and Planning & Analysis (P&A).
Identify opportunities for continuous improvement and drive related initiatives.

Required qualifications, capabilities and skills
Bachelor s degree in Finance, Accounting, Economics, or related field.
Strong analytical and problem-solving skills.
Excellent communication and stakeholder management abilities.
Proficiency in Excel and financial systems.

Preferred qualifications, capabilities, and skills

Experience in financial analysis, reporting, or transfer pricing is preferred.

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JPMorgan Chase Bank

Financial Services

New York

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LEC- Associate