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Job Opening details:-
Company Name :- JPMorgan Chase Bank, N.A.
Position Name :- CIB Billing Control-Associate
Company Location :- Mumbai, Maharashtra
Job Category : General jobs
Full Job Description :-
Corporate and Investment Bank (CIB) – Billing Control – Associate – Mumbai
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
J.P. Morgan Banking business, consisting of Investment Banking, Treasury Services and Corporate Banking, is one of the largest wholesale banking client franchises the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors. Our clients operate in more than 100 countries and with the strength of our franchise, we offer a complete range of strategic banking services to help clients achieve their goals.
In Banking, our approach to serving clients has always centered on doing first-class business in a first-class way. We strive to build trusted, long-term relationships by taking a holistic and forward-looking view on our relationships, and identifying ways to help clients achieve their most important business objectives.
Roles and Responsibilities
The Global Banking Billing Controller team is seeking to hire highly motivated candidates to join the Billing Controllers team based in Mumbai and work closely with all regional Billing Controllers /Banking product controllers to support Investment Bankers across Globe which can help firm in increased recovery of fees and expenses. Roles includes below functions:
Building and Validating controls over the lifecycle of a deal from project / deal setup to closure which involves Interaction with Banker (Front office / Middle office and Syndicate), Business Managers and ensure proper approval on booking of fees / expenses
Review of engagement letter and ensuring appropriate approval levels are maintained.
Communicate with Business Managers, Product controllers and financial Controllers to monitor any risks / escalate when appropriate
Ensure appropriate booking & accounting treatment of fees, expenses, taxes in accordance with firm/regional regulatory policies e.g. rules for Cross border deals, Tax, write off, expense recovery.
Capturing and monitoring of the different type of Fees and expenses – discretionary fees, advisory fees, Client related expenses and others.
Act as a resource to project management & the businesses for various projects / business initiatives.
Understand and contribute to the E2E control framework of the business & the function.
Experience and Qualifications
Qualified or Part qualified accountant (ACA/CIMA/ACCA) with minimum 7-8 years of experience or an MBA with similar number of years of experience
Enthusiastic, highly motivated and effective under tight timeframes and pressure
Proven skills in identifying and resolving control issues that may impact financial results
Excellent communication skills and executive presence including the ability to present complex and sensitive matters to Senior management, Bankers & Business Managers across levels.
Strong interpersonal, communication and team-building skills
Ability to manage several projects and tasks concurrently
Ability to evaluate the design and effectiveness of internal controls
Advanced MS Excel skills and MS PowerPoint skills are essential
Team player and ability to work closely with global team members and other groups in the organization.
Good knowledge of Banking products /business is a plus
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.
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