Corporate and Investment Bank (CIB) – Payments Product Control – Bengaluru

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. 

 

Department Description

J.P. Morgan Banking business, consisting of Investment Banking, Wholesale Payments 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 Payments Controller team is seeking to hire highly motivated candidates to join the Payments product Controllers team based in Bengaluru and work closely with all regional product controllers to carry out control function and support product managers and business managers. Roles includes below functions:

Primarily responsible for review of the monthly close activities including financial data, journals, significant variances and transactions, financial reporting deliverable, accruals estimation, reconciliations, general ledger substantiation etc and ensure the high quality of deliverables. Manage, coach, supervise, inspire and motivate the small group of individuals  Ensure appropriate controls and reviews maintained for processes executed by team Manage relationship with regional stakeholders in US, Business managers, Product managers and financial controllers. Take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution. Driving change with month-end process in order to improve transparency and efficiency in month-end results. Ensure financial information is in compliance with US & local GAAP and firm’s corporate accounting policies, documenting exceptions where appropriate. Act as a resource to project management & the businesses for various projects / business initiatives at a global and local level   Manage ad-hoc business requests and address them with sense of urgency Understand and contribute to the E2E control framework of the business & the function

Experience and Qualifications 

Qualified / Part Qualified accountant preferably with 6-8 years & above experience within the Financial Services industry or Product Controller experience an advantage Excellent communication skills and executive presence including the ability to present complex and sensitive matters to Senior management, Product Managers & Business Managers across levels. Analytical mind-set, structured approach, attention to detail and accuracy. Strong interpersonal, communication and people managerial skills  Ability to manage several projects and tasks concurrently  Strong Control mindset with proven skills in identifying and resolving control issues that may impact financial results Ability to work in a matrix organization with limited local oversight ensuring timely escalation & resolution of issues Good knowledge of Merchant Acquiring business & SAP ledger system is preferred