Job Description
You are a strategic thinker passionate about driving solutions in Risk Reporting . You have found the right team.
As a Risk Reporting Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm. You will be responsible for firm wide asset and liability management for one of the world's largest global financial institutions with a $2.5 trillion balance sheet, including more than $900 billion in loans and $1.4 trillion in deposits. Because it sits at the very center of the firm, TCIO directly influences the composition of the firm's balance sheet as well the activities of the firm's four main lines of business (LOBs): Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank, and Consumer & Community Banking.
Job Responsibilities
- Perform weekly/monthly IRRBB reporting for the bank at both legal entity and business level
- Perform product reconciliations & perform variance analysis and reporting
- Determine business drivers behind variances and communicate impact to partner groups and risk oversight
- Lead data error identification, notification and adjustments
- Identify opportunities for process improvements, remediate data quality issues, automation etc.
- Convert large datasets into comprehensive analytical and visual presentations
- Work with global CTMO peers, Technology, Program Management, and LOB stakeholders to continually improve the end-to-end operating model and data quality of interest rate risk reporting and analysis
- Continually identify and enhance the overall control environment and operating model across the core operational activities, improving timeliness and reducing operational risk to the firm
Required qualifications, capabilities, and skills
- CA/Master's degree in finance, Accounting, Risk or related field
- 8+ years' experience in financial services industry. Experience with Interest Rate Risk and Banking Book products IRRBB (deposits, loans, debt, investments, derivatives, etc.)
- Knowledge in balance sheet products
- Independent critical thinking, problem-solving skills
- Strong written and verbal communication skills
Preferred qualifications, capabilities, and skills
- Strong technical skills (particularly in MS Excel). Experience with SQL, Python\\VBA, Alteryx or data visualization tools such as Tableau are a plus
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.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
