CIB - EU Regulatory Capital Reporting (Credit Risk) - Associate

Last updated 26 minutes ago
Location:Greater London
Job Type:Full Time

The Legal Entity Control team is responsible for financial oversight of their legal entity, and is tasked with ensuring that a strong control environment exists as it relates to all businesses, products and operational areas that impact the Legal Entity financials and regulatory reporting of the firm.

This role provides an opportunity to interact with multiple lines of business and internal stakeholders while learning legal entity controllership end-to-end. The Associate will liaise with the line of business finance teams, operations and the Legal Entity Controller community to drive the Legal Entity agenda. Specific responsibilities will include:

  • Legal Entity accounting and control on a monthly basis, including month-end close process, parent/child accounting, equity pick up, review of inter-entity breaks and unnatural general ledger balance monitoring
  • Month-End analytical review of the legal entity to ensure completeness and accuracy of the financial statements and preparation of various reports, including contributions to the Monthly Controller’s Book, as well as Legal Entity and line of business financial commentary and regulatory reporting requirements
  • Investigation, analysis and resolution of issues and response to ad-hoc queries
  • Assist in the Booking Model review and on-going Legal Entity Control Standard compliance monitoring
  • Intercompany Activity Control including variance commentary
  • Monitoring of the G/L including consolidation and netting
  • Participate in Firmwide legal entity reporting projects including infrastructure and process improvement efforts and other Controller initiatives as needed

Qualifications:

  • Bachelor’s degree in Accounting, Finance or related business field
  • 4+ years finance/accounting – related experience
  • CPA a plus but not required
  • Strong accounting and analytical acumen, with ability to understand, produce and explain income statement and balance sheet content and variances
  • Superior attention to detail
  • Outstanding written and verbal communication skills, including an ability to prepare executive level presentations
  • Ability to work effectively with others, as well as act as an effective liaison with all business partners within the lines of business or legal entity chains
  • Strong initiative and work ethic
  • Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment
  • Advanced Excel and PowerPoint skills required