JPMorgan Chase CCB Finance - Associate Controller in Columbus, Ohio
Consumer & Community Banking serves over 50 million customers with a broad range of consumer financial services, including personal banking, investment advice, small business lending, mortgages, credit cards, payments and auto financing. It is made up of various lines of business: Consumer Banking, Business Banking, Chase Wealth Management, Card Services, Merchant Services, Auto Finance & Student Loans, and Home Lending.
The Home Lending (HL) industry was forever changed as a result of the 2008 financial crisis and it continues to evolve every day. HL is a dynamic business that is sensitive to changes is the macro-economic environment while simultaneously facing greater regulatory oversight than ever before. Home Lending professionals are required to be flexible, adaptable, tenacious and resilient in the face of such turbulence and scrutiny. Home Lending has never been a more critical or exciting role at J.P. Morgan Chase than it is today and HL professionals have a tremendous opportunity to make an impact on both the way we do business and the bottom line.
The responsibilities of the Home Lending credit risk accounting/finance team include:
Primary points of contact for Current Expected Credit Loss (CECL) implementation and key participation in CECL readiness
Analysis and reporting of loan loss reserves, modified loans, purchased credit-impaired loans. and loan write-downs
Month and quarter-end accounting for credit-risk related activities
Preparation of quarterly disclosures for SEC and regulatory filings
Ad-hoc senior management requests related to HL credit risk accounting/finance
Various process automation projects with MIS counterparts
3 - 5 years of relevant product and/or control experience, with specific knowledge of mortgage-related products, bond math and working knowledge of the capital markets preferred
Strong understanding of financial reporting and accounting principles
Solid qualitative and quantitative skills
Minimum of a bachelor’s degree with a concentration in either Finance or Accounting or other quantitative disciplines
Proficient in MS Office suite
Ability to communicate effectively, both verbally and in writing
Ability to work in a dynamic environment and to meet challenging deadlines
Team player and self-starter
Ability to streamline existing process and create new reporting processes
Excel, Essbase, SAP
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.