Associate - Financial Analysis - CIB Treasury - CCAR team
Aumni
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About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Global Finance & Business Management (“GF&BM”) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan’s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm’s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm’s capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main “pillars” of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.
The current opening is within the CIBT P&A Team in Mumbai which forms part of CIB LOB within GF&BM India.
About the Team
Business Description:
The CIB Treasury P&A team, is aligned within CIB Treasury, and whose primary responsibility is the management of forecasts and plan for purposes of managing business activities across Treasury strategies (i.e. balance sheet, funding, liquidity, G-SIB, RWA, capital and leverage strategies). This team is also responsible for providing various analytics for senior management across all the regulatory constraints to support CIB objectives of maximizing return on capital, balance sheet usage, liquidity and leverage.
Stakeholders of the group include CIB Finance senior management, business heads, product controllers & planning and analysis. The team works extensively with the LOB Product control groups and CIB Treasury to ensure complete and accurate reporting of risk weighted assets, balance sheet, capital and liquidity for both actuals and forecasts. The group also works closely with the Corporate Finance Reporting, Corporate Treasury, Corporate P&A, RCMO (Regulatory Capital Management Office) to ensure a complete understanding of business issues and the accurate execution of policies.
About the Role
Primary Responsibilities:
The individual will be based in Mumbai and a part of CIB Treasury team supporting New York team in deliverables relating to annual / quarterly Stress forecast Cycles for CCAR FED submission.
Job responsibilities will include:
- Manage CIB stress forecasting for balance sheet, NII, FTP, RWA and SLR with articulation of results. This includes partnering across all CIB sub lines of business to support the preparation, review and submission of the CCAR FR Y-14M and FR Y-14Q reporting to the FRB.
- Macros Economic Variables (MEVs) analysis for the current cycle vs the prior cycle and to understand its impact on the LOBs projection
- Preparing the FRY – 14A PLBS schedule based on the Firmwide CCAR requirement and submission of the same in the neutron system
- Performing the Variance Analysis, PQ0 – PQ1 analysis and providing the answers to the CCST questions post the corporate submission
- Supporting the NY team in preparing the corporate treasury and senior managers review presentation
- Ensuring accurate and timely action on stress forecasting analytics including enhancements and design of periodic ad-hoc reporting for Corporate and Risk Assessment groups Liaise, partner and build strong relationship with key stakeholders.
- Collaborate with IT and other support functions to drive implementation of capital planning and forecasting methodologies in production systems
- Understand key regulatory and business drivers of capital management and decision making and their impact on overall Treasury and corporate wide risk metrics and performance
Desired Candidate Profile:
Qualifications and Skills
- Bachelor’s degree or equivalent in Accounting, Finance, Business Administration or related field.
- 4 to 6 years of financial services experience, experience in CCAR/stress testing is good to have.
- Familiarity with Balance Sheet, banking products and regulatory capital requirements is must.
- Results-orientated without compromising control and detail
- Ability to handle multiple tasks simultaneously and efficiently
- Thrives on challenges in a fluid working environment
- Actively listens and assimilates broad ranging information quickly
- Analytical skills with proficiency in Excel, PowerPoint, Word, and other reporting/visualization tools
- Strong oral and written communication skills; comfortable presenting results to key stakeholders and senior management
- Preferable Python experience
Shift Timing: 2pm-11pm
This job is no longer accepting applications
See open jobs at Aumni.See open jobs similar to "Associate - Financial Analysis - CIB Treasury - CCAR team" NEXT Frontier Capital.