CIB-Banking Product Control -Analyst /Senior Analyst-Mumbai

Job Description

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Department Description J.P. Morgan Banking business, consisting of Investment Banking, Treasury Services and Corporate Banking, is one of the largest wholesale banking client franchises the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors. Our clients operate in more than 100 countries and with the strength of our franchise, we offer a complete range of strategic banking services to help clients achieve their goals. In Banking, our approach to serving clients has always centered on doing first-class business in a first-class way. We strive to build trusted, long-term relationships by taking a holistic and forward-looking view on our relationships, and identifying ways to help clients achieve their most important business objectives. Roles and Responsibilities The Global Banking Product Controller team is seeking to hire highly motivated candidates to join the Banking Product Controller team based in Mumbai and work closely with all regional Banking product controllers to support the below tasks:

• Perform monthly close activities including but not limited to review of financial data, investigating significant variances and transactions, fluctuation analysis, preparation of financial reporting deliverables, preparation of estimate accruals, entry processing, perform reconciliations, general ledger substantiation etc.
• Driving change within month-end processes in order to improve transparency in month-end results.
• Ensure financial information is in compliance with US & local GAAP and the Bank’s Corporate Accounting Policies, documenting exceptions where appropriate.
• Act as a resource to project management & the businesses for various projects / business initiatives.
• Identify and drive targeted reviews for specific products/processes based on both qualitative and quantitative factors and risks.
• Understand and contribute to the control framework of the business.

Experience and Qualifications

• Accountancy background with 2-3 years of experience.
• Enthusiastic, highly motivated and effective under tight timeframes and pressure
• Proven skills in identifying and resolving issues
• Excellent communication skills
• Able to perform consistently with minimum supervision
• Ability to manage several tasks concurrently
• Ability to evaluate the design and effectiveness of internal controls
• Advanced MS Excel skills and MS PowerPoint skills are essential
• Self-starter able to prioritize key tasks effectively
• Team player and ability to work closely with global team members and other groups in the organization.
• Good knowledge of Banking products is a plus