JPMorgan Chase Consumer and Community Banking Finance - Controller -Finance Controls Associate in Columbus, Ohio
BUSINESS UNIT OVERVIEW
Consumer & Community Banking (“CCB”) serves 65+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, Commerce Solutions, Auto Finance, and Mortgage Banking.
The primary function of the Finance Control team within CCB Controllers is to serve as the first line of defense in identifying, monitoring, and mitigating risk and control issues. The Team works to solidify an effective control environment within the CCB Finance central functions in accordance with the Firmwide and CCB control framework. The Team also works in partnership with CCB Finance central functions to enhance and develop both tactical and strategic controls and to serve as a central point of contact for key business partners such as Firm wide and LOB level Oversight and Control, Compliance, Legal, Risk and Audit. In doing so, the Team is able to efficiently engage the appropriate teams in a timely manner and provide a real time and holistic view of the control environment.
The below describes the duties performed by an individual working as an Associate level professional.
General responsibilities for thisrole:
Provide central support to CCB Finance activities relatingto Access Control requirements.
Providecentral support for CCB Finance Model Risk Management activities, specificallyas it relates to governance and reporting.
Model Risk Management:
Monthly process - Review the EnterpriseModel Database (EMD) and maintain reporting which provides comprehensive model inventoryand related status tracking, including efforts relating to Firm wide modelremediation work streams. Work with model review groups, CCB Finance teams andthe Firm wide Model Project Management Office (PMO) team to validate resultsand provide updates. Identify reporting differences and resolve issues.
Quarterly Reporting & Confirmation - Assist in producing comprehensive reportingfor monthly and/or quarterly Model Risk Governance meetings for CCB Finance. Requisiteinformation includes all inventory and disposition status for various modelrisk metrics for existing model inventory and models under development.
Access Controls Requirements
Generate reporting to assist with reporting & tracking of FileShares / Share Points & other access requirements
Work with contacts across CCB-Finance to ensureAccess Controls requirements are address
Becomea strategic, valued partner to control focused organizations throughout thefirm (Oversight & Control, Risk, Internal Audit)
Communicatekey messages, recommendations and responses to senior management (e.g. CCB Controller)
Provideguidance as to best practices for an effective internal control environmentappropriate for highly regulated businesses
Providefeedback and guidance on model governance and reporting.
Strongbackground in, and familiarity with the Financial Services Industry
Outstandingability to analyze problems and keen attention to detail
Proven ability to :
identify and rectify internalcontrol weaknesses and deficiencies
design and build efficient andeffective operational processes
research, understand and applyregulations appropriately
use technology to improveprocesses and/or strengthen controls
identify, access, prioritize andcommunicate issues
Abilityto communicate effectively (both oral and written)
Experiencewith, or knowledge of, implementing effective control environments a plus
Abilityto coordinate issues, findings and practices with colleagues across regionsand/or divisions.
Inquisitiveand proactive in identifying risks and proposing solutions
Stronganalytical and problem solving skills with the ability to exercise sound and judgment.
Finance, Accounting orBusiness four-year undergraduate degree or equivalent
3+ years financial servicesindustry experience
Excellent analytical andproblem solving skills
Desire to develop, improveand /or reengineer processes
Strong Excel spreadsheetskills
Ability to workindependently and manage multiple priorities in a fast-paced environment
Strong customer serviceskills & excellent business writing and verbal communicationskills
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.