IB F&BM India: Financial Control - Asia Credit
The Line on Business (LOB) Aligned team in India is a part of the IB F&BM (Finance & Business Management) group and supports the Investment Bank locations in EMEA, North America and Asia. The team is accountable to various Global Business Controllers and CFOs. It is also part of the local Global Finance India team. Currently the LOB team is 180+ FTE.
The LOB team provides Financial Control and Business Reporting services to support various asset classes such as Equities, Futures & Options, Rates, Credit Trading, Currencies & Commodities, Exotics and Fixed Income products.
This role is a within the Financial Control team and is supporting the Asia Credit Trading business.
Key Responsibilities include the following
Daily reconciliation of the general ledger to the risk management systems on a timely basis to ensure completeness & accuracy. This would include Derivative & securities Cash & MTM positions.
Investigation, monitoring and resolution of reconciliation breaks between the risk management system, back office and the general ledger. This will include liaising with multiple groups across JP Morgan like Finance, P&L, Operations located in multiple locations
Monthly closing of the books, including passing supportable adjustments, within the corporate reporting deadlines
Monthly reconciliation and substantiation of the general ledger balances (GLRS) in accordance with Investment Bank policy
Ad-hoc duties as directed by the Asia Credit Trading Business Controller