Product Controller Retail Banking Product Control & External Reporting

Year    KA, IN, India

Job Description

JOB DESCRIPTION

Working within a Dynamic and modern sub-LOB finance function, the candidate must be comfortable with a rapidly changing and growing business environment. There are many processes to be built and developed and there is an opportunity to grow with the team. The business is very inclusive, forward thinking and you would be part of daily stand ups with the team and true partners to the product owners & developers. The successful applicant will be based in Bengaluru location in India and part of a flat organizational structure with a significant number of senior stakeholders based in London.




ICB F&BM covers several functions including P&A, Product & Financial Control, business management and certain LOB style treasury roles currently having majority of the team based in London. There has also been significant M&A activity in the group and project work in relation to new product and market development. The primary focus of this role is Retail Banking Product Controller & External regulatory Reporting for deposits, credit card and other retail products for the business.


This position is within the ICB Controller team, being responsible to partner to develop and build out the Retail Product Control and External Reporting Function responsible for the accuracy and integrity of the line of business books and records with key functions including P&L, month end close, detailed financial analysis, quarterly earnings release, regulatory reporting, leveraging data analytics and data management tools and working with the business to drive robust controls for new initiatives, acquisitions, and product support. We also drive infrastructure that would enhance analytical review and financial reporting and strengthen the controls surrounding these processes.




Job Responsibilities:

• Support the Finance ED Controller
• Actively participate in the monthly close, quarterly earnings release, regulatory reporting, and financial disclosures
• Key participant in the assessment of US GAAP (and UK GAAP/IFRS) treatment of retail banking products in existing and future markets
• Representing as Controllers for retail banking related products at forums and senior stakeholder meetings
• Apply up-to-date product/industry/market knowledge in specialty areas of reporting
• Consolidate, review, and analyze quarterly financial data for accuracy and completeness. Perform monthly/quarterly variance analytics
• Adhere to proof & control procedures to ensure accurate reconciliation between regulatory filings, SEC filings and other published financial reports (e.g., Form 10-Q, Annual Report/Form 10-K, Call Report & FR Y-9C, FFIEC 009, FR2510 etc.), Adhere to various control procedures and edit checks to ensure the integrity of reported financial results
• Assist in strategic development of solutions to improve the quality of external reporting while developing analytics to add efficiency to current state processes.
• Support internal and external audits. Effectively manage multiple priorities and deliverables under tight timelines
• Work with stakeholders to ensure end to end processes and SLAs are adhered to. Participate in firm wide project groups to implement changes in reporting requirements and enhancements to reporting tools
• Candidate should be innovative, organized, and able to execute the necessary steps to achieve the strategic vision.


F&BM operates as an agile and cross-functional area and the successful candidate will be required to flex their skill set to support the wider teams as required. The role will be varied and often moving at pace, no day is the same in in the business. It is an exciting business and work environment, and the candidate should expect and be able to work under pressure.

Required qualifications and Skills:

• Deep understanding of and experience in US GAAP (required exposure to UK GAAP/IFRS) accounting standards and application to retail products
• Excellent depth of knowledge and understanding of Retail products
• Strong experience in Retail banking Product Control
• Proficiency in Microsoft Office - Advanced Excel (Pivot tables and vlookup, sumifs), Word and Powerpoint
• Strong interpersonal skills and a great team player
• Flexibility to work under pressure, multi-task to meet changing work requirements and strict deadlines
• Self-motivated self-starter, strong initiative to drive a project from start to completion and superior work ethic; ability to work with minimal supervision
• Excellent analytical and problem-solving skills
• Excellent analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variance

Preferred Qualifications and Skills:

• 7+ years finance/accounting/LEC/regulatory reporting/products - related experience
• Bachelor's degree required
• CPA/CA
• Strong US GAAP (and UK/IFRS) accounting acumen
• Strong attention to detail, ability to deep dive on processes/issues and improve controls/efficiencies
• Ability to partner effectively with others, as well as act as an advisor to business partners within the lines of business or legal entity chains
• Intellectually curious, proactive, action-oriented, and results-driven
• Outstanding written and verbal communication skills, including an ability to prepare executive level presentations


ABOUT US

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 leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.



We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.







ABOUT THE TEAM


Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.



Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

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Job Detail

  • Job Id
    JD3380954
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year