Treasury Controller - Associate

Location: Mumbai, Maharashtra, India

Job Family: Controller

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Treasury Controller - Associate role in Mumbai offers an exciting opportunity to build a rewarding career in one of the world's most dynamic banks. As a key member of the Controller category, you will play a vital role in managing treasury operations for our extensive global network, ensuring financial accuracy, regulatory compliance, and strategic decision-making. This position is ideal for professionals passionate about finance who thrive in an environment that values creativity, excellence, and collaboration. Working in our state-of-the-art Mumbai office, you will contribute to initiatives that support JP Morgan's commitment to client-centric solutions and sustainable growth in the financial services industry. In this role, you will be responsible for overseeing critical treasury controlling functions, including cash position reconciliations, liquidity forecasting, and risk analysis tailored to the Indian market and global standards. You will partner with cross-functional teams to deliver insightful reports that inform executive strategies on funding, investments, and hedging. By leveraging advanced financial tools and systems, you will drive process improvements that enhance operational efficiency and mitigate risks in a complex regulatory landscape governed by bodies like the Reserve Bank of India (RBI) and international frameworks. Your work will directly impact JP Morgan Chase's ability to maintain robust financial health while navigating market volatilities and economic shifts. We seek candidates with a solid foundation in accounting and treasury principles, coupled with hands-on experience in financial services. At JP Morgan, we foster a culture of continuous learning and innovation, providing ample opportunities for professional growth through mentorship, training, and exposure to cutting-edge projects. Join us to be part of a team that not only shapes the future of banking but also empowers you to excel in a supportive, inclusive environment dedicated to excellence.

Key Responsibilities

• Oversee daily treasury controlling activities, including reconciliation of cash positions and liquidity reporting for JP Morgan Chase's operations in India
• Develop and maintain accurate financial models for forecasting cash flows, funding requirements, and balance sheet impacts
• Ensure compliance with internal controls, regulatory requirements from RBI and global standards, and conduct periodic audits of treasury processes
• Collaborate with global treasury teams to support hedging strategies, investment decisions, and risk management initiatives
• Prepare and analyze monthly, quarterly, and annual treasury reports for senior management and stakeholders
• Identify opportunities for process optimization and implement automation tools to enhance efficiency in treasury operations
• Monitor market trends and economic indicators to provide insights on liquidity risks and funding strategies
• Support ad-hoc projects such as system migrations, new product launches, or regulatory change implementations
• Mentor junior team members and contribute to knowledge sharing within the Controller category
• Liaise with internal audit, compliance, and finance teams to resolve discrepancies and ensure data integrity

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in treasury operations, financial controlling, or related roles within the financial services industry
• Strong understanding of treasury management principles, including cash management, liquidity forecasting, and risk assessment
• Proficiency in financial reporting standards such as IFRS or GAAP
• Experience with treasury management systems (TMS) and ERP systems like SAP or Oracle
• Ability to work in a fast-paced, high-volume environment with strict regulatory compliance requirements
• Professional certification such as CPA, CFA, or CTP is highly desirable

Preferred Qualifications

• Advanced degree (MBA) in Finance or related discipline
• Prior experience in a Big Four accounting firm or major banking institution
• Knowledge of Indian financial regulations and global banking standards
• Demonstrated experience in process improvement and automation in treasury functions
• Fluency in English and Hindi for cross-functional collaboration in Mumbai

Required Skills

• Expertise in financial modeling and forecasting using Excel and advanced tools
• Proficiency in treasury software such as Kyriba, Reuters, or Bloomberg
• Strong analytical and problem-solving abilities for complex financial data
• Knowledge of derivatives, foreign exchange, and interest rate risk management
• Excellent attention to detail and accuracy in reporting and reconciliation
• Effective communication skills for presenting financial insights to stakeholders
• Project management skills for leading treasury initiatives
• Adaptability to evolving regulatory landscapes in banking
• Team collaboration and leadership in cross-functional environments
• Technical proficiency in SQL or data analytics tools for reporting
• Understanding of banking operations and capital markets
• Risk assessment and mitigation expertise
• Time management in high-pressure deadlines
• Ethical judgment in compliance-sensitive roles
• Innovation in process automation and efficiency

Benefits

• Competitive base salary and performance-based annual bonuses aligned with JP Morgan's global compensation structure
• Comprehensive health insurance coverage including medical, dental, and wellness programs for employees and dependents
• Retirement savings plan with employer matching contributions to support long-term financial security
• Generous paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and access to financial wellness resources
• Flexible work arrangements, including hybrid options in Mumbai, and modern office facilities
• Global mobility programs for career advancement across JP Morgan Chase's international network

JP Morgan Chase is an equal opportunity employer.