JPMorgan Chase Corporate - Regulatory Capital Management Office, Basel Measurement & Analytics - Derivative Capital Reporting - Associate in Newark, Delaware
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
The Regulatory Capital Management Office (RCMO) oversees the end-to-end risk weighted assets (RWA) and capital measurement process across the Firm, and to help ensure efficient and appropriate management of capital. RCMO is an arm of Corporate Finance and partners with functional groups across the firm inclusive of market risk, model developers, corporate financial reporting and line-of-business product controllers to establish control and governance best practices and accountability for the Regulatory Capital process to generate the firm’s risk-weighted assets.
The Basel Measurement & Analytics (BM&A) group within RCMO is responsible for calculating, analyzing and reporting firmwide RWA for market risk, wholesale credit risk and retail risk stripes. The RWA measures feed into corporate functions to quantify and determine regulatory capital requirements and support external regulatory filings and disclosures. RCMO BM&A is responsible for the business requirements to develop and manage the Basel infrastructure and ensure calculations are in compliance with internal capital policy and guidance. In addition, RCMO BM&A supports ancillary activities to perform impact analysis on methodology changes driving by new rule proposal; support RWA component of CCAR, resolution & recovery, Pillar 2 ICAAP and Pillar 3 Disclosure; and quantitative impact studies (QIS) for regulatory agencies.
The Derivatives Capital Reporting team is responsible for production and analysis of Risk Weighted Assets for Counterparty Credit Risk of the derivatives products. The candidate will work closely with Lines of Business, Regulatory Reporting & Analysis, Model Implementation, Technology, Regulatory Policy, Capital Middle Office, and Derivatives External Reporting to advance the Firm’s capital agenda.
Specific responsibilities include:
Monthly production cyclefor RWA calculation and reporting, including Basel 3 Advanced, Basel 3Standardized, CCP, and Supplementary Leverage Ratio
Provide analysis insupport of RWA trends and forecast-to-actual variances
Support externalregulatory filing deliverables including the FR Y-9C, FFIEC 101 and Pillar 3.
Perform impact analysisfor methodology, rule and other production changes.
Partner with technologyto implement operational efficiencies and onboard production to the targetstate platform.
Perform quarterly stresstesting to support CCAR, ICAAP and Risk Appetite deliverables.
Perform quantitativeimpact studies (QIS) for regulatory agencies.
Bachelors degree inAccounting, Finance, Business or Economics
Excellent verbal andwritten communication skills
Excellent organizationaland problem-solving skills
Ability to multi-task ina constantly changing environment
Take ownership ofprocesses
Able to critically challenge with the goal of identifying control issues
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.