CCAR Y-14A Reporting & Analysis - Sr. Associate

Aumni

Aumni

Brooklyn, NY, USA
Posted on Sep 13, 2024

Job Description

The CCAR and Capital team, within Firmwide Regulatory Reporting & Analysis, is responsible for the following reports: FR Y-14M, FR Y-14Q, FRY-14A, as well as a few other capital regulatory filings. Our team works closely with other JPMorgan Chase functions, including but not limited to Controllers, Line of Business Planning and Analysis, Risk functions, Capital Management and Stress Testing, Technology Partners and various Policy groups. FR Y-14A reporting series collects the firm’s financials and metrics forecast under different stress scenarios. Financials collected are utilized by Supervisory agencies to assist in determining the Firm’s capital adequacy.

As a CCAR Y-14 Reporting & Analysis, Senior Associate, within the Firmwide Regulatory Reporting & Analysis team, you will be an integral part of the end-to-end production and analysis of FR Y-14A reporting

Job Responsibilities:

  • Support and coordinate multiple aspects of FR Y 14A reporting process, and internal quarterly capital stress testing and risk appetite reporting processes.
  • Collecting, consolidating and analyzing the stress testing results, including the Income Statement, Balance Sheet, Capital and Risk weighted assets (RWA)
  • Understanding the regulatory reporting requirements and the associated complex financial/accounting calculations.
  • Ensuring compliance with regulatory reporting control and governance framework
  • Participate in testing and change management implementation of the relevant technology (W-Desk, Internal Aggregation\consolidation system, Tableau, Axiom etc.) associated with the regulatory reporting. Co-ordinate with technology team to build required technology expertise. Oversee the review and maintenance of the regulatory reporting requirement’s input templates, calculation rules\logics within the technology solutions in partnership with technology teams.
  • Communicate new regulatory requirements to all the stakeholders and lead requirement clarification conversations with FRRA Policy team and Corporate Capital Stress Testing (CCST) team
  • Support the refresh and review with central challenger of a Qualitative methodologies owned by the team, that are used for producing or used for providing guidance for producing the reportable data
  • Ensure timely execution of ad-hoc requests from senior management, audit, other functions, and regulatory agencies
  • Preparing and reviewing supporting documentation on processes, methodologies, and the control environment
  • Establishing and managing relationships, partnerships, and dialogue with a variety of stakeholders in a highly matrixed organization

Required qualifications, capabilities, and skills:

  • 4+ years in a banking organization with exposure to regulatory reporting, financial statements analysis, and financial products.
  • Experience in either of Regulatory Reporting, Planning & Analysis (Line of Business/Firmwide P&A), Product Controller, and Legal Entity controller
  • Strong analytical skills and ability to work with large quantities of financial data to pull trends and insights, and identify any anomalies
  • Very strong communications skills, written and verbal and partnership building skills– for effective communications with stakeholders, senior management
  • Ability to multi-task and be hands on in a fast-paced environment to meet deadlines under pressure
  • Strong sense of control and governance (ability to identify and close control gaps and/or issues)

Preferred qualifications, capabilities, and skills:

  • Strong technical skills and agility to learn new technology. Experience using Microsoft Office Application Suite (Word, Excel, Access, and PowerPoint), Business Intelligence solutions (Example: Alteryx, Tableau) and regulatory reporting solutions (Example: Axiom)
  • Knowledge of CCAR, Regulatory Capital and RWA, US GAAP is an advantage

About Us

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

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.