Description : Risk-Weighted Assets- Associate. Company : null. Location :

JOB DESCRIPTION

Be the forefront of delivering Capital RWA Reporting for Credit Risk Capital Firmwide and find the role for yourself.

As a Capital Management Retail Associate in the Capital Management team is you will be responsible for end-to-end oversight of the firm’s capital management framework to ensure the firm is compliant with regulatory capital requirements and maintains fortress principles related to capital levels, capital distributions/buy-backs, capital stress testing and internal capital allocation. You will work in close partnership with stakeholders within Risk, the Business and other Finance functions around the world to ensure a cohesive global approach to capital management

The Basel Measurement and Analytics group within Capital Management produces and analyzes firm-wide Counterparty Credit risk regulatory capital results on a monthly basis. The team is responsible for implementation of Basel rules and enhancement to the Basel reporting infrastructure.

You will work closely with Lines of Business, Model Implementation, Technology and Regulatory Policy to advance the Firm’s capital agenda in Retail Credit and Other Assets risk stripe.

Job responsibilities:

• Performs deliverables related to production of Retail Credit Risk RWA. Analyze RWA, perform trend analysis, forecast-to-actual results variances and provide insights for stakeholders and senior management.
• Maintains Procedure documents for the production process. Maintain Implementation guidance documents detailing the data, associated rule implementation for RWA calculation and reporting.
• Performs quantitative impact studies (QIS) for regulatory agencies. Understand the upcoming rules and regulations in Retail domain, determine data gaps, draft resolution plans, and create implementation processes for reporting.
• Meets Sarbanes-Oxley (SOX) compliance and audit requirements, provide requisite datasets and documents for review.
• Partners with risk management, lines of business and technology teams to identify and remediate data quality issues. Tracking and management of issues through to resolution.
• Implements new business initiatives, model updates collaborating with stakeholders and partnering with Technology.

Required Qualifications, Skills and Capabilities

• few years of treasury, financial or regulatory reporting experience, preferably at a large financial institution.
• Preferably knowledge of Basel regulatory capital rules, general understanding of RWA calculations pertaining to Consumer Credit products.
• Must have bachelor’s degree. Finance/Accounting Major or CFA charter holders are preferable.
• Should have ability to multi-task, decide prioritization and capability to make decisions, organized, self-motivated and be a team player.
• Good interpersonal, oral and written communication skills to collaborate effectively with cross-functional groups and cross-continent teams.
• Strong analytical and problem solving skills, with focus on controls. Superior attention to detail and process-orientation.
• Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint) required.

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

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.