CIB F&BM - Legal Entity Controller - Associate - Hong Kong

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • J.P. Morgan
  • 24 May 19

CIB F&BM - Legal Entity Controller - Associate - Hong Kong

J.P. Morgan's Corporate & Investment Bank (CIB) is a global leaderacross banking, markets and investor services. The world's most importantcorporations, governments and institutions entrust us with their business inmore than 100 countries. The Corporate & Investment Bank provides strategicadvice, raises capital, manages risk and extends liquidity in markets aroundthe world.
Hong Kong is the regional headquarters forJ.P. Morgan's Asia Pacific business, which operates in more than 35offices across 16 countries. Having launched nearly 90 years ago through aheritage firm, J.P. Morgan is one of Hong Kong's longest establishedforeign financial services businesses.
The Hong Kong Legal Entity Group Controller(HKLEC) has oversight responsibility for the integrity (completeness andaccuracy) of financial statement/regulatory reporting information recorded in managedlegal entities. This requires collaboration with the lines of business(business managers, product / business controllers) that have activity in thatlegal entity to ensure that legal entity implications (e.g., accounting policy,regulatory reporting, capital, etc) of transactions are considered.

The HKLEC which is part of the CIB has an open positionfor a highly motivated individual.

Job Description

Job functions/responsibilities

  • Oversight month-end close process to ensure accurate and complete close of books & records, perform analytical review to identify any significant misstatement on P&L / BS, liaise with business managers / controllers to identify business drivers for significant variances.
  • Work with LOB Business Managers / Controllers to assess the financial and regulatory implications on new businesses and products.
  • Review / sign off of US regulatory submissions.
  • General Ledger oversight on suspense and nostro clearing process, follow up with support teams on long outstanding, approval for reference data set up.
  • Supervise and provide guidance to services providers on related matters / reporting.
  • Prepare meeting materials / papers for various location management meetings;
  • Coordinate with internal and external auditors, regulators;
  • Impact analysis / gap analysis for new accounting standards or new regulations;
  • Ad hoc queries and projects as required.

  • Accounting / Finance background - with sound technical and business knowledge, with at least 8 years relevant working experience;
  • Good knowledge of US GAAP, IFRS and internal controls;
  • Enthusiastic, highly motivated, excellent analytical, interpersonal, communication and influencing skills;
  • Control and efficiency mindset;
  • Strong organizational and time management skills; able to work under pressure and multiple deliverables with competing deadlines
  • Good team player

  • Degree in Accounting/ Finance or relevant discipline or qualified accountants