Basel Measurement & Analytics - Credit Risk Equities Associate
J.P. Morgan
Ready to join a team that is the driving force behind regulatory capital excellence at JPMorganChase? The Basel Measurement and Analytics (BM&A) Team within Treasury functions as trusted partners to key areas such as Capital Management, Capital & Liquidity Policy (C&LP), Credit Risk Reporting, Firmwide Regulatory Reporting & Analysis (FRRA), and the Lines of Business (LOBs). We champion best practices and accountability in the Regulatory Capital and Risk-Weighted Assets (RWA) production process. Our team delivers Firmwide Capital and RWA results every month, while leading the implementation, design, and reporting infrastructure for Basel Rules and other capital requirements including Supplementary Leverage Ratio (SLR) and the Capital Numerator. Additionally, our team manages Quantitative Impact Studies (QIS) for regulators and provides expert responses to stakeholder inquiries on capital-related matters and estimates.
As an Associate in the Basel Measurement and Analytics (BM&A) team, you will work with line of business Controllers to support the calculation and analysis Equity RWA results. You will be responsible for producing Equity RWA under Basel 3 rules, analyzing quarter-over-quarter RWA variances, and interfacing with LOB controllers to determine variance drivers such as portfolio changes, policy updates, and capital treatment. You will manage the end-to-end production process and be the owner of issue identification, tracking, and resolution. Additionally, you will be instrumental in supporting and leading projects to advance the current Capital Infrastructure.
Job Responsibilities
- Lead the collection and aggregation of monthly Equity RWA datasets
- Perform routine data validation controls for reporting accuracy
- Analyze period-over-period exposure and RWA trends
- Investigate and resolve data gaps and reporting issues
- Complete monthly and quarterly reporting deliverables with urgency
- Support project work and test cases
- Collaborate with business partners and handle day-to-day inquiries
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Prepare and present updates to senior management and extended stakeholders
Required qualifications, capabilities and skills
- Bachelor Degree in Finance, Accounting, Management Information Systems, or Economics
- 3+ years of treasury, financial or regulatory reporting experience at a large financial institution
- Experience in credit risk management and reporting
- Experience driving large initiatives across multiple functional groups
- Strong problem solving and analytical skills, able to work independently, and possess a controls mindset
- Self-motivated individual who seeks a challenges
- Strong communication and relationship-building skills
- Excellent organizational skills and control focus
- Ability to work well under pressure
- Superior attention to detail and process-orientation
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Expert in Microsoft Excel required
Preferred qualifications, capabilities and skills
- Knowledge of Basel III rules a plus
- Knowledge of Alteryx, Databricks, Python, SQL a plus
- Advanced degree in a related field
- Experience in a production or operations environment preferred
- Experience in project management, creating scorecards and visualizations/dashboards preferred
- Experience with Basel regulatory capital rules preferred
Additional Information
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Exciting opportunity to impact JPMorgan's Capital Management with a focus on Equities Basel Risk Weighted Asset production and projects