Job Description
You are a strategic thinker passionate about driving solutions in CCAR ( Comprehensive Capital Analysis and Review) You have found the right team.
As a Comprehensive Capital Analysis and Review (CCAR) Vice President within our Finance team, you will be responsible for setting, refining, and achieving specific goals for our firm. The Corporate and Investment Banking (CIB) Central CCAR and Earnings team, part of the Planning and Analysis (P&A) group, is charged with managing CIB CCAR Profit & Loss and Balance Sheet submissions, reviewing and adjusting model outputs for business scenarios, and explaining results and promoters to Line of Business Chief Financial Officer, Chief Risk Officer, and Corporate Finance teams. In addition, the team carries out goodwill impairment testing for CIB, prepares quarterly earnings disclosures and 10Q/10K filings, and conducts competitor analysis.
Job Responsibilities
- Participate in the entire CIB CCAR/DFAST and Risk Appetite process, including managing CCAR Revenue Consolidation and Expenses Calculation.
- Consolidate CCAR financials for CIB to create the P&L view for internal analysis and lead Bank P&L modeling and execution.
- Conduct Macro Economic Variable (MEVs) analysis for the current cycle versus the prior cycle to understand its impact on LOB projections.
- Manage the FRY - 14A PLBS schedule based on Firmwide CCAR requirements and submit it in the neutron system.
- Perform Variance Analysis, PQ0 - PQ1 analysis, and provide answers to CCST questions post-corporate submission.
- Review and challenge model outputs for business and economic scenario intuition and consistency against budget.
- Support the preparation of CIB CFO review presentations, CIB Risk Appetite presentations, and CIB RC presentations.
- Model financial projections using statistical and quantitative tools like regressions and correlation analysis.
- Engage in technology initiatives to automate submissions, including ideation, UAT testing, and implementation.
- Prepare quarterly earnings disclosures, including Earnings Presentation, Press Release, and Earnings Supplement.
- Conduct competitor analysis covering financials, drivers, and strategies of major CIB competitors.
Required qualifications, capabilities, and skills:
- Minimum 10 years experience within the Financial services sector covering Financial Planning & Analysis, Forecasting and Budgeting, actuals monitoring
- Knowledge of Corporate and Investment Bank businesses and their behavior across economic scenarios
- Quantitative and Statistical skills and experience with Financial Projections modelling
- Strong analytical, problem solving and time management skills in a fast-paced environment to meet deadlines under pressure
- Strong story telling skills to deliver the drivers and message to various stakeholders
- Technologically savvy with an ability to understand systems and their internal functionality
- Strong Microsoft Office skills (primarily Excel / PowerPoint)
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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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Employees engage in a combination of remote and on-site work.