Legal Entity Controller - Income Attribution Associate

JP Morgan Services India Pvt Ltd; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorgan Chase & Co. in Mumbai seeks a mid-level Associate in the GF&BM CIB Controllers team to manage income attribution for multiple legal entities. You will oversee allocations, regulatory reporting, and tax submissions while collaborating with Tax and PwC for audits.

Strong Excel, SQL, and Python basics are essential. Experience in accounting and financial reporting is required, with leadership skills to guide teams through complex processes.

Qualifications

• MBA (Finance) or CA or a relevant professional graduate degree with 2+ years of experience.
• Demonstrated leadership skills and ability to guide teams.
• Background in accounting/financial reporting/regulatory reporting with exposure to SQL and basic Python.
• Advanced MS Excel (macros, v-lookups, pivots) and MS PowerPoint; Alteryx is a plus.
• Analytical mindset with a structured, process-oriented approach.
• Strong analytical abilities and interpersonal skills; effective communication.

Responsibilities

• Oversee income attribution processes, ensuring accurate revenue and expense allocations across LE and LOB.
• Manage FR/FFIEC reporting, local regulatory reporting, and FX hedging activities.
• Ensure ARIBA is updated as the corporate repository of SLAs and related data.
• Prepare submissions to Tax (APA reports) and support ad hoc tax deliverables.
• Collaborate with Tax and location LECs on regulatory requests (ECB, SEC, IRS, HMRC).
• Calculate revenue and expense allocations per OECD transfer pricing guidelines.
• Validate SLAs and transfer pricing with Product Control and Tax for expansions or changes.
• Produce analytics of LE and LOB results across JPM LEs globally and identify inconsistencies.
• Collaborate with PwC for annual income attribution audits and drive process improvements.

Job description

Job Title and Location

Associate - Legal Entity Controller (Income Attribution) Job Title: 601 – Income Attribution Location: Mumbai

About JPMorgan Chase & Co.

JPMorgan Chase & Co. is a leading U.S.-based financial services firm with a global presence, serving millions of customers through its J.P. Morgan and Chase brands. Its Global Finance & Business Management (GF&BM) India center supports the Office of the CFO from Mumbai, Bengaluru, and Hyderabad, providing Controllers, Planning & Analysis, Finance Operations, and Business Client & Products services. Teams are aligned with major business lines, offering diverse career growth in an inclusive culture rooted in Service, Heart, Curiosity, Courage, and Excellence. The Commercial & Investment Banking (CIB) Controllers organization ensures financial integrity, regulatory compliance, and continuous process improvement.

Responsibilities

The current opening is within GF&BM CIB Controllers in Mumbai, which is part of the CIB Line of Business (LOB) within GF&BM India.

As a member of the Income Attribution team within CIB, you are responsible for ensuring accurate allocation of revenues and expenses across legal entities and business lines, supporting financial transparency and regulatory compliance.

• Oversee FR/FFIEC reporting, expense/revenue allocations, local regulatory reporting, and FX hedging.
• Ensure ARIBA is updated and maintained as the corporate repository of service level agreements.
• Prepare submissions to Tax such as APA reports and contribute to ad hoc deliverables from Tax.
• Escalate reference data or other issues in XIB impacting income attribution as appropriate .
• Collaborate with Tax and location LECs on regulatory requests (e.g. ECB, SEC) or external tax office queries (e.g. IRS, HMRC).
• Perform calculations for revenue & expense allocation at LE level for all the applicable LOB’s as per the OECD transfer pricing guidelines.
• Ensure adherence to global income and expense attribution standards by evaluating the suitability of Service Level Agreements (SLAs) between Legal Entities.
• Partner closely with Product Control & Tax to evaluate or revalidate transfer pricing for business expansions, changes, new products, etc.
• Produce analytics of Legal Entity and Line Of Business results across all JPM LEs globally for respective LOBs, involving understanding of business booking models, validating revenue and cost booking in LE, and identifying potential inconsistencies in transfer pricing.
• Collaborate with PWC for the annual audit of income attribution processes.
• Drive process transformation by leveraging advanced technology solutions and partnering with strategic technology development teams to achieve sustainable process improvements

Required qualifications

• MBA (Finance), Chartered Accountant or a relevant professional graduate degree with at least 2+ years of overall experience (post qualification).
• Demonstrated leadership skills with the ability to motivate and guide teams.
• Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python
• Advanced MS Excel (data manipulation, macros, v-lookups, pivot tables and Advanced Excel applications) / MS Access/ MS PowerPoint / Alteryx skill sets.
• Analytical mindset, structured approach with project management/process orientation.
• Strong analytical abilities and interpersonal skills.
• Effective written and verbal communication and presentation skills.
• Familiarity with process transformation methodologies or automation solutions.
• Proactive, detail-oriented, and collaborative approach.

Preferred qualifications, skills and capabilities

• Knowledge of transfer pricing concepts and experience with CDGL, XIB, Paragon, WCP, and advanced analytics.
• Experience in Legal Entity Control and Financial Control.
• Knowledge of Alteryx, Qlik Sense, Python.
• Background in accounting/ financial reporting/regulatory reporting, along with exposure to SQL and basics of Python

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 recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success.

EEO, Diversity and Inclusion

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.

Experience Level

Mid Level