JPMorgan Chase Firmwide Central Reg W Controllers Associate – Inter-entity Analysis Group in Brooklyn, New York
The Bank Controller Team within Corporate Finance is dedicated to supporting the JPMCB and broader Legal Entity end to end agenda in alignment with the Firm’s and Finance’s strategic control priorities. Responsibilities include: Governance and oversight for the integrity and accuracy of the JPMCB financial results; Developing and reviewing LOB level planning and forecasting analyses for JPMCB; Working across functions on JPMCB and other legal entity level operating and strategic issues; Supporting the JPMCB board; Designing, implementing and overseeing an end to end, Firmwide, Reg W governance oversight framework; Defining, establishing and implementing a Firmwide LE simplification strategy and execution framework; Sponsoring and driving execution of key Legal Entity related milestones (incl. selected projects within the Finance Risk Roadmap and Data Governance programs), Maintaining strong working relationships with regulators, auditors and internal partners, and Policy management of inter-entity reorganizations, capital actions and affiliates support documents.
The Interentity Analysis Group (IAG)
Within Bank Controller Team, IAG provides a controlled and structured review process for LOB and corporate transactions, and a resource for legal entity, financial, and policy expertise. IAG’s policy and Legal Entity involvement includes:
Ownership of the Legal EntityReorganization and Capital Actions Policy, providing for review and approval ofall Entity, Asset, and business reorganizations (Internal entity mergers, businessmoves, etc.) and capital actions (dividends and capital investments) among JPMentities.
Ownership of the Legal EntityAffiliate Support Document Policy, providing for review and approval of allinterentity guarantees and related support documents within the firm.
Ownership of the Reg W Policy –responsible for the establishment of an appropriate Reg W Control environmentand for management of applicable limits on ‘Covered Transactions’.
Required reviewer for all NBIAsglobally, addressing Legal Entity, Regulatory, and other financial impacts forproposals across all LOBs.
Engagement in the Firm’s LegalEntity Strategy and Simplification Group.IAG advises all JPM Group businesses globally on the legal entity andrelated regulatory aspects of structuring and managing transactions and is anapprover on all entity creation/dissolution proposals.
Supporting the management ofJPMC&Co, JPMCB, JPMC Holdings LLC and JPMIF on a standalone basis, IAG alsofocuses on legal entity connectedness and the overall relationships among JPMentities
Preparation and delivery ofexplanatory presentations as well as internal and external reporting support
IAG works closely with businesses and support groups in all regions - many initiatives have a global dimension and broad ramifications. To add value, IAG needs to understand the overall business and product contexts that it faces.
To be a key component of the IAG’s Central Reg W Team, interacting with finance and business managers across all lines of business to enhance monitoring of controls and policy mandates across all LOBs and legal entities. It is expected that the successful candidate will become a subject matter expert in Reg W and increase their knowledge and understanding of the products and services in all lines of business transactions. The Role’s focus will include:
Help to manage the end to end Central Reg Wprogram including
Leadingthe weekly/quarterly analytics of Covered Transactions
Managingdeliverables, projects, action plans, and timelines
Develop and maintain cross-LOB relationshipswith key Reg W Stakeholders and Corporate Sector functions, including InternalAudit.
Assist with Reg W Governance, LOB WorkingGroup Sessions, and IAG Department Meetings
Support the management of the TransactionsApprovals Process for all LOBs, as well as the23A Approvals mailboxSupport in the production of the FR Y-8 Reportingand LOB Attestation Process
Serve as Subject Matter Expert in Reg WSystems used for Transaction Approvals and Reporting, becoming the LOB point ofcontact for Reg W System questions and future enhancement requests
Assisting completion of the annual Reg Wrisk-assessment / Applicability study
Understand Reg W Reference Data and itsimpact on Regulatory Reporting
Contribute to Reg W Affiliate Analytics andReporting
Owner of documentation of all Reg WProcesses, Procedures, and Policy
Contribute to 23B Board Reporting to be sentto the FRB on a quarterly basis
Assist with all IAG projects and ad hocrequests from management
Candidates for this unique role will probably have a finance/accounting background, but should possess the following characteristics:
Minimum of 2years previous experience working on financial projects or in a governance/controlrole; including risk, compliance, audit, controllership, consulting orproject management. Preferred competencies include:
Willingnessto explore the broader policy, reputation, precedent or cross businessperspectives of issues to consider and develop a strategic perspective
Strong organizational/ analytical skills– organized and disciplined approach to tasks and projects
Soundwritten and verbal communication skills to communicate and influencecomplex issues and concepts in clear, concise and meaningful words andpictures.
Ability tomulti task and work under pressure - both independently, as well as in ateam-oriented, collaborative environment
Proficiencywith Excel and PowerPoint,knowledge of MS Access and/or Sharepoint a plus
Bachelor’sdegree or equivalent, with evidence of further professional development
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.