Firmwide Allowance External Reporting Controller - Associate

JPMorganChase • Brooklyn, NY

1d

About The Position

As part of Risk Management and Compliance, you will be central to maintaining JPMorgan Chase's strength and resilience. This role involves helping the firm grow responsibly by anticipating and addressing new and emerging risks, using expert judgment to solve real-world challenges impacting the company, customers, and communities. The culture in Risk Management and Compliance encourages innovative thinking, challenging the status quo, and striving for excellence. As an Associate in the Risk Management – Risk Controllers – Firmwide Allowance team, you will be crucial in ensuring the integrity and accuracy of reporting and governance for the firmwide allowance for credit losses (ACL) under the Current Expected Credit Losses (CECL) accounting standard. Your responsibilities will include assisting with the consolidation of ACL and Credit Costs across Consumer and Wholesale lines of business, supporting reporting for earnings and 10K/Q disclosures, 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.

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