JPMorgan Chase & Co Looking for Product Control – Associate at Mumbai, Maharashtra Full Time

You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.

As the Product Control professional in our Asset & Wealth Management, you will spend each day defining, refining and delivering set goals for our firm

You will spend each day driving solutions for the Wealth Management business. Your position will be an individual contributor in Global Private Bank(GPB) in the Product Control team in India, supporting the global structure.

Your team is primarily responsible for Product control activities related to Revenue/Income Attribution for Brokerage/Investment/Alternative Products. The team comprises of SMEs who are expected to take end-to-end responsibility for their respective region/product and drive the agenda for the respective CFOs.

Job Responsibilities:
Trade reconciliations with Corporate & Investment Banking [CIB] and Asset Management [AM] on different products to calculate the revenues for the month for GPB.

Liaising with CIB/AM Product controller / financial controller / Middle office / Tech teams for various trade reconciliation and Revenue settlement.

Liaising with WM Legal Entity Controller and Financial Controller for Accrual Booking/ Cash Settlements and Ageing.

Posting management reporting entries (MIS), facilitating revenue share postings in the ledger & Ledger vs MIS for Unrec.

Follow ups on outstanding receivables with Internal & external counterparties.

Preparing accruals for Management fees related to Hedge Funds & Private Equity Funds. Preparing Private Equity commitment books and fee schedules basis Engagement letter.

Support internal & external audits. Participate in collaborative initiatives with team members and global managers, looking for ways to continually simplify, improve, and add value to existing business processes.

Required Qualification, Capabilities and Skill:
Minimum of CA or an MBA in Finance is required. 3+ years of Finance experience, preferably in Financial Services, and/or accounting/controller background.

Intermediate to advanced level ability expected in all MS Office tools (Excel, PowerPoint, Pivot Tables).

Experience in designing workflows & building solutions in Alteryx.

Strong quantitative, analytical, and problem-solving skills.

Excellent organizational, management, both verbal & written communication skills with the ability to articulate complex issues clearly. Ability to build strong partnerships with colleagues, desire to learn quickly, be flexible and think strategically

Ability to articulate and demonstrate thoughtful rationale in design decisions

Preferred Qualification, Capabilities and Skill:
Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented, and ability to manage multiple tasks simultaneously.

Integrity in handling highly sensitive and confidential information. Team oriented, inquisitive, critical thinker who anticipates questions from internal clients and senior management

Self-motivated, tenacious & able to work with a high degree of independence. Asset / Wealth Management sector experience is preferable

Hands on experience in building solutions on Python or SQL would be an added advantage

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

ABOUT THE TEAM

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

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.