at JPMorgan Chase in Newark, Delaware, United States
Exciting and dynamic role at the forefront of Capital RWA Reporting for Credit Risk Capital Firmwide
As a Risk-Weighted Assets Associate in the Capital Management team you will be responsible for end-to-end oversight of the firm's capital management framework to ensure the firm is compliant with regulatory capital requirements and maintains fortress principles related to capital levels, capital distributions/buy-backs, capital stress testing and internal capital allocation. You will work in close partnership with stakeholders within Risk, the Business and other Finance functions around the world to ensure a cohesive global approach to capital management
The Basel Measurement and Analytics group within Capital Management produces and analyzes firm-wide Counterparty Credit risk regulatory capital results on a monthly basis. The team is responsible for implementation of Basel rules and enhancement to the Basel reporting infrastructure.
You will work closely with Lines of Business, Model Implementation, Technology and Regulatory Policy to advance the Firm's capital agenda in Retail Credit and Other Assets risk stripe.
Job responsibilities + Performs deliverables related to production of Retail Credit Risk RWA . Analyze RWA , perform trend analysis, forecast-to-actual results variances and provide insights for stakeholders and senior management
+ Maintains Procedure documents for the production process. Maintain Implementation guidance documents detailing the data, associated rule implementation for RWA calculation and reporting
+ Performs quantitative impact studies ( QIS ) for regulatory agencies. Understand the upcoming rules and regulations in Retail domain, determine data gaps, draft resolution plans, and create implementation processes for reporting
+ Meets Sarbanes-Oxley ( SOX ) compliance and audit requirements, provide requisite datasets and documents for review
+ Partners with risk management, lines of business and technology teams to identify and remediate data quality issues. Tracking and management of issues through to resolution
+ Implements new business initiatives, model updates collaborating with stakeholders and partnering with Technology
Required qualifications, capabilities, and skills + Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint)
+ Bachelors degree -Finance/Accounting Major or CFA charter holders
+ Ability to multi-task, decide prioritization and capability to make decisions, organized, self-motivated and be a team player
+ Good interpersonal, oral and written communication skills to collaborate effectively with cross-functional groups and cross-continent teams
+ Strong analytical and problem solving skills, with focus on controls. Superior attention to detail and process-orientation
Preferred qualifications, capabilities, and skills: + Minimum 2 years experience in Treasury, financial or regulatory reporting experience, preferably at a large financial institution
+ Knowledge of Basel regulatory capital rules, general understanding of RWA calculations pertaining to Consumer Credit products
JPMorgan Chase & Co., 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
To view full details and how to apply, please login or create a Job Seeker account
