Basel Measurement & Analytics - Credit Risk Equities Associate

JPMorgan Chase & Co. • Newark, DE

6h

About The Position

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.

Requirements

• 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
• Expert in Microsoft Excel required

Nice To Haves

• 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

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
• Prepare and present updates to senior management and extended stakeholders

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level