The Associate will manage US regulatory reporting, ensure compliance, validate data, support business users, and drive process improvements.
Job Description
An exciting new opportunity for an experienced financial services professional within the FRRA team.
Job Summary
The Firmwide Regulatory Reporting & Analysis (FRRA) team resides within Corporate Finance. As an Associate within the Firmwide Regulatory Reporting & Analysis (FRRA) team, you will focus on collaborating with teams involved in production processing and reporting activities, including strategic initiatives for US Regulatory Reports such as FR Y-9C, Call Report, and CCAR. The FRRA team, part of Corporate Finance, is responsible for executing and delivering the Firm's regulatory reporting requirements to U.S. regulators. You will have end-to-end responsibility for U.S. regulatory reporting and capital stress testing, which includes designing, implementing, and overseeing execution, analysis, and control and governance frameworks. Your role will also involve determining the appropriate investment in people, processes, and technology to enhance the accuracy, completeness, and consistency of the Firm's U.S. regulatory reporting and capital stress testing submissions, as well as implementing new requirements and guidelines as they are published.
Job responsibilities
- Be responsible for BAU activities spanning from data sourcing, data validation and completeness, adjustments processing and performing reconciliations
- Executing overall operating model, procedures for functional areas in the reporting space
- Managing client relations, communications and presentations
- Supporting business users of the FRI application with User queries, Issue Resolutions
- Identify and execute process improvements to the existing operating model, tools and procedures
- Interacting with Controllers, Report owners and RFT (Risk & Finance Technology) partners
- Act as an interface with Control partners, ensuring compliance with risk and controls policies
- Escalating issues as needed to the appropriate team(s) and management
- Partnering with projects team through the full project life cycles
- Leading programs/initiatives for reporting automation and operating model optimization
Required qualifications, capabilities and skills:
- Bachelor's degree in Accounting, Finance, or a related discipline
- 6+ years of financial services or related experience
- Strong oral and written communication with the ability to effectively partner with managers and stakeholders at all levels
- Strong working knowledge of MS office applications (MS Excel, MS Word, MS PowerPoint), specifically with reconciliations, summarizing and formatting data
- Experience using data management & visualization tools in a reporting setting: AWS Databricks, Alteryx, SQL, Tableau, Visio
Preferred qualifications, capabilities and skills:
- Familiarity with US Regulatory reporting (E.g. Y9C, Call, CCAR etc.), controllership functions, banking & brokerage products, and US GAAP accounting principles
- Strong verbal and written communication skill with the ability to present information at varying levels of detail depending on the audience
- Enthusiastic, self-motivated, effective under pressure and strong work ethic and keen attention to detail and accuracy
- Client & business focused; able to work collaboratively and build strong partnerships with clients and colleagues at all levels
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
About the Team
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.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
An exciting new opportunity for an experienced financial services professional within the FRRA team.
Job Summary
The Firmwide Regulatory Reporting & Analysis (FRRA) team resides within Corporate Finance. As an Associate within the Firmwide Regulatory Reporting & Analysis (FRRA) team, you will focus on collaborating with teams involved in production processing and reporting activities, including strategic initiatives for US Regulatory Reports such as FR Y-9C, Call Report, and CCAR. The FRRA team, part of Corporate Finance, is responsible for executing and delivering the Firm's regulatory reporting requirements to U.S. regulators. You will have end-to-end responsibility for U.S. regulatory reporting and capital stress testing, which includes designing, implementing, and overseeing execution, analysis, and control and governance frameworks. Your role will also involve determining the appropriate investment in people, processes, and technology to enhance the accuracy, completeness, and consistency of the Firm's U.S. regulatory reporting and capital stress testing submissions, as well as implementing new requirements and guidelines as they are published.
Job responsibilities
- Be responsible for BAU activities spanning from data sourcing, data validation and completeness, adjustments processing and performing reconciliations
- Executing overall operating model, procedures for functional areas in the reporting space
- Managing client relations, communications and presentations
- Supporting business users of the FRI application with User queries, Issue Resolutions
- Identify and execute process improvements to the existing operating model, tools and procedures
- Interacting with Controllers, Report owners and RFT (Risk & Finance Technology) partners
- Act as an interface with Control partners, ensuring compliance with risk and controls policies
- Escalating issues as needed to the appropriate team(s) and management
- Partnering with projects team through the full project life cycles
- Leading programs/initiatives for reporting automation and operating model optimization
Required qualifications, capabilities and skills:
- Bachelor's degree in Accounting, Finance, or a related discipline
- 6+ years of financial services or related experience
- Strong oral and written communication with the ability to effectively partner with managers and stakeholders at all levels
- Strong working knowledge of MS office applications (MS Excel, MS Word, MS PowerPoint), specifically with reconciliations, summarizing and formatting data
- Experience using data management & visualization tools in a reporting setting: AWS Databricks, Alteryx, SQL, Tableau, Visio
Preferred qualifications, capabilities and skills:
- Familiarity with US Regulatory reporting (E.g. Y9C, Call, CCAR etc.), controllership functions, banking & brokerage products, and US GAAP accounting principles
- Strong verbal and written communication skill with the ability to present information at varying levels of detail depending on the audience
- Enthusiastic, self-motivated, effective under pressure and strong work ethic and keen attention to detail and accuracy
- Client & business focused; able to work collaboratively and build strong partnerships with clients and colleagues at all levels
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
About the Team
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.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
Top Skills
Alteryx
Aws Databricks
Ms Office (Excel
Powerpoint)
SQL
Tableau
Visio
Word
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