Regulatory Risk Reporting - Associate/Senior Associate

Aumni

Aumni

Legal
London, UK
Posted on Oct 7, 2024

Job Description

UK Regulatory Finance is a high profile function, providing financial information to the Prudential Regulation Authority (“PRA”), Financial Conduct Authority (“FCA”) and the Bank of England. This is a service-orientated business comprised of specialized individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators.

As a Regulatory Risk Reporting - Associate within our UK Regulatory Finance Team, you will have the opportunity to add value and improve efficiency, quality, and controls. We are a team that is supported by change and policy functions, constantly adapting to meet the developing demands of our regulators and business. In this role, you will be a key player in managing and delivering financial information to our regulators.

Job responsibilities

  • Co-ordinates/ project manage the quarterly COREP reporting suite for regulated entities including all the COREP Market Risk returns (C18 to C24).
  • Co-ordinates/project manage the quarterly MREL reporting process. Liaising with Line of business to obtain data and sign offs prior to submission.
  • Focuses on control environment and monitoring, driving process efficiency
  • Supports and deliver strategic projects to improve and broaden the regulatory reporting infrastructure
  • Provides support for ad hoc queries/reports when required by management, auditors or regulators.
  • Partners with Regulatory Policy in the interpretation of regulatory rules for Market Risk
  • Partners with other Finance areas to ensure adherence to the firm’s regulatory obligations (e.g. ICAAP, 10Q reporting)

Required qualifications, capabilities, and skills

  • Previous experience with regulatory rules and reporting requirements (COREP/ IFPR)
  • Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry
  • Working knowledge of investment banking products including derivatives / financing transactions
  • Working knowledge of banking products (Repurchase agreements, securities, derivatives, deposits, loans, credit facilities)
  • Strong interpersonal and team working skills
  • Ability to critically review and challenge numbers / strong analytical skills
  • Flexibility to work under pressure to meet changing work requirements and strict deadlines
  • Proactive and self-starting individual with high levels of ownership
  • Proficiency in Microsoft Office – Excel, Access, Outlook, Word and PowerPoint
  • Proven track record of improving processes and controls

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

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.