About The Position

As part of Risk Management and Compliance, you will be at the center of keeping JPMorgan Chase strong and resilient, helping the firm grow its business responsibly by anticipating new and emerging risks and solving real-world challenges. The culture in Risk Management and Compliance encourages innovative thinking, challenging the status quo, and striving for best-in-class performance. In this role as a Risk Management – Risk Controllers – Firmwide Allowance team – Associate, you will be crucial in supporting the integrity and accuracy of reporting and governance related to the firmwide allowance for credit losses (ACL) under the Current Expected Credit Losses (CECL) accounting standard. Your responsibilities will include assisting in consolidating the ACL and Credit Costs across Consumer and Wholesale lines of business, supporting reporting aspects such as disclosures at earnings and the 10K/Q, and contributing to the credit cost budget and forecast.

Requirements

  • Approximately 3 plus years of experience in finance, accounting, or a related field.
  • Basic understanding of credit loss accounting standards, particularly CECL.
  • Strong analytical skills and attention to detail.
  • Effective communication skills, both written and verbal.
  • Ability to work collaboratively in a team environment.
  • Proficiency in Microsoft Office applications, especially PowerPoint and Excel.

Nice To Haves

  • BA/BS in Finance or Accounting.

Responsibilities

  • Assist in the consolidation of ACL and credit costs across various lines of business, including CECL in stress.
  • Support the preparation of financial disclosures related to earnings and regulatory filings, including creating and maintaining documentation and controls for all firmwide allowance deliverables.
  • Contribute to the credit cost budget and forecast processes.
  • Participate in maintaining allowance-related standards and preparing CECL scenario weights assessments.
  • Support the governance framework for firmwide allowance processes by assisting with the preparation of ACL committee agendas and materials, maintaining records, and helping ensure alignment with auditor and regulator expectations.
  • Collaborate with team members and support senior business leaders and stakeholders in strategic decision-making.

Benefits

  • comprehensive health care coverage
  • on-site health and wellness centers
  • a retirement savings plan
  • backup childcare
  • tuition reimbursement
  • mental health support
  • financial coaching

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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