What are the responsibilities and job description for the North America Legal Entity Controller - Regulatory Reporting - Associate position at JPMorganChase?
Job Description
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
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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.
- 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).
- 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.
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.