What are the responsibilities and job description for the North America Legal Entity Controller - Regulatory Reporting - Associate position at JPMorgan Chase?
Join the North America Legal Entity Control group who oversees regulatory reporting for the firm’s key client-facing U.S. broker-dealer legal entities: J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Prime Inc. (JPMP).
The Regulatory Reporting team within the Commercial & Investment Bank (CIB) Controllers – North America Legal Entity Control group oversees regulatory reporting for the firm’s key client-facing U.S. broker-dealer legal entities: J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Prime Inc. (JPMP). Core responsibilities include monitoring daily, weekly, and monthly regulatory calculations and external reporting related to regulatory capital and customer protection requirements for JPMS and JPMP, as well as preparing and filing standalone regulatory reports including FOCUS, SSOI, OBS, 10-Q/K disclosures, and various other supplemental filings.
The team partners closely with Product Controllers, Financial Controllers, Risk Management, Operations, Legal and Compliance, Internal Audit, and, as needed, the front office. It serves as the liaison for examinations and inquiries from FINRA, SEC, CME, and NFA, and is a primary contact for external auditors at PwC.
As a Regulatory Reporting Associate within the North America Legal Entity Control group, you will prepare components of J.P. Morgan Securities and J.P. Morgan Private Bank net capital computations pursuant to SEA Rule 15c3-1 and support the completion of the monthly Financial and Operational Combined Uniform Single Report (FOCUS).
Job Responsibilities
- Prepare components of J.P. Morgan Securities and J.P. Morgan Private Bank net capital computations pursuant to SEA Rule 15c3-1.
- Support completion of the monthly Financial and Operational Combined Uniform Single Report (FOCUS).
- Engage with firmwide Risk Management functions to ensure legal-entity reporting requirements are met.
- Partner with Financial Controllers and Asset Class controllers to analyze data anomalies and enhance the reporting cycle.
- Collaborate with Product Control to understand complex deals and trades in support of a robust control framework.
- Work closely with Technology organizations as part of a data transformation effort modernizing the reporting infrastructure.
- Apply strong analytical and problem-solving skills to navigate detailed issues while communicating broader context to peers and management.
- Ensure disciplined execution with timely issue identification, escalation, and resolution while maintaining high standards of accuracy and control.
Required qualifications, capabilities, and skills:
Minimum 2 years of experience in Finance or Accounting.
General understanding of US GAAP.
General product knowledge across relevant markets.
Excellent communication and relationship-building skills.
Well organized with the ability to prioritize, multi-task, and meet deadlines.
Self-starter with an owner mindset; solution oriented; excellent attention to detail.
- Familiarity with emerging technology and automation toolsets (e.g., Alteryx, Databricks, Python).
Preferred qualifications, capabilities, and skills:
- Knowledge of SEA Rule 15c3-3 and SEA Rule 15c3-1.
- Experience interacting with regulators and auditors, including FINRA, SEC, CME, NFA, and PwC.
- Experience preparing and filing regulatory reports such as FOCUS, SSOI, and OBS.