Associate, Finance COREP Reporting

Location: Mumbai, Maharashtra, India

Job Family: Controller

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Associate, Finance COREP Reporting role within our Controller organization in Mumbai plays a critical part in ensuring the accuracy and completeness of data for daily, monthly, and quarterly COREP reporting. This position demands a meticulous professional who thrives in a dynamic environment, contributing to the firm's commitment to regulatory compliance and transparent financial practices. Reporting to the COREP Reporting Manager, you will be integral to maintaining the high standards of data integrity that JP Morgan Chase is known for in the financial services industry. Your primary focus will be on validating and analyzing financial data to support COREP submissions under Basel III regulations, collaborating closely with global teams to reconcile discrepancies and ensure timely delivery. You will navigate complex datasets from various sources, applying analytical rigor to identify anomalies and implement controls that safeguard reporting quality. In this role, you will also stay abreast of evolving regulatory landscapes, adapting processes to align with both European and local Indian requirements, while supporting audit functions and process optimization initiatives that drive efficiency across our Mumbai operations. This position offers a unique opportunity to grow within one of the world's most respected financial institutions, where your expertise in financial reporting will directly impact our ability to serve clients and stakeholders effectively. If you are passionate about the intersection of finance, technology, and regulation, join JP Morgan Chase to advance your career in a supportive, innovative culture that values diversity and professional development.

Key Responsibilities

• Prepare and validate accurate data for daily, monthly, and quarterly COREP reporting to ensure compliance with regulatory standards
• Perform data reconciliation, analysis, and quality checks to maintain integrity of financial reports
• Collaborate with cross-functional teams including risk, finance, and technology to gather and process reporting inputs
• Monitor regulatory changes related to COREP and implement updates to reporting processes at JP Morgan Chase
• Develop and maintain documentation for reporting procedures and controls
• Support internal and external audits by providing detailed reporting data and explanations
• Identify opportunities for process improvements and automation in COREP reporting workflows
• Ensure timely submission of reports to regulatory bodies and internal stakeholders
• Analyze variances in financial data and provide insights to senior management
• Contribute to the monthly close process by integrating COREP requirements with general ledger activities

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in financial reporting, regulatory compliance, or controller functions within the banking or financial services industry
• Strong understanding of COREP reporting requirements under Basel III and European regulatory frameworks
• Proficiency in financial data analysis and reconciliation processes
• Experience with large-scale data management and reporting systems in a global financial institution
• Ability to work under tight deadlines in a high-pressure environment
• Professional certification such as CPA, CA, or CFA (or equivalent)

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or related discipline
• Prior experience at a major global bank like JP Morgan Chase in regulatory reporting roles
• Knowledge of US GAAP and IFRS accounting standards
• Familiarity with automation tools for financial reporting
• Experience in cross-functional collaboration with risk management and compliance teams

Required Skills

• Expertise in COREP and regulatory reporting frameworks
• Proficiency in Microsoft Excel and advanced data analysis tools
• Knowledge of SQL for querying financial databases
• Strong analytical and problem-solving abilities
• Attention to detail and accuracy in data handling
• Excellent communication skills for stakeholder interactions
• Time management and ability to prioritize multiple tasks
• Understanding of financial modeling and variance analysis
• Familiarity with Alteryx or similar ETL tools for data processing
• Team collaboration and interpersonal skills
• Adaptability to evolving regulatory environments
• Project management skills for reporting initiatives
• Basic knowledge of Python or VBA for automation
• Risk assessment and control testing expertise
• Proficiency in financial software like Oracle or SAP

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for further education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Global mobility opportunities and career advancement support within the firm

JP Morgan Chase is an equal opportunity employer.