Cib lec - Mumbai, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About the Employer

Global Finance & Business Management ("GF&BM") India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products.

The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.

We have a strong culture that embodies the principles that guide us in how we do business across the firm.

We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

The current opening is within the Income Attribution team in Mumbai which forms part of the CIB LOB within GF&BM India

About the Team

Corporate Investment Banking (CIB) Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization.

The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions.

Over the years, the teams have continued to provide value add to the global finance organization through business insights, technical accounting skills, data analytics, technological enhancements and standardization across lines of business.

The key focus areas in the immediate future are driving teams to adapt the skills of the future, digital transformation and enhance product & regulatory reporting framework.

The CIB Markets business is a franchise that spans the Macro (Rates, CEM and Commodities), Spread (Credit and SPG), Equities and Risk market lines.

Income Attribution Controller is an independent control function within Finance responsible for the accuracy and integrity of books and records for the business by Legal Entity ensuring the Income Attribution (i.e. Transfer Pricing) is being applied and executed accurately.

The team is end to end owner of the Markets Transfer Pricing arrangements, agreements, calculations and postings as well as deliverables to the tax authorities and facing off audit.

About the Role

Primary Responsibilities:

**The associate will be responsible for Income Attribution for a particular Line of Business
- *

Calculation of income attribution for the lines of business at month end and follow through to ensure financial statement integrity
Review alignment of expense and revenue by legal entity, and work with the onshore product control teams to set up new service level agreements where required
Escalate reference data or other issues in XIB impacting income attribution as appropriate
Ensure ARIBA is updated and maintained as the corporate repository of service level agreements
Produce metrics on income attribution in accordance with the governance framework
Prepare submissions to Tax such as APA reports and contribute to ad hoc deliverables from Tax
Participate in technology initiatives to drive process efficiencies
Partner with the onshore Product Control teams on a regular basis and Financial Control, Planning and Analysis and Tax, where necessary
Minimum 10 years of relevant experience
Strong understanding of accounting principles
Understanding of trading products
Ability to multitask and deliver high quality outcomes in a pressured environment
Ability to adapt and operate in a global environment and partner with onshore locations
Good communication and relationship management
Ability to work in a team
Strong excel skills

Shift Timing: 1.30 pm IST to 10.30 pm IST

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P.

Morgan and Chase brands. Our history spans over 200 years and today we are a leade