External Regulatory Reporting- Associate

Posted 3 Hours Ago
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Brooklyn, NY, USA
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Support quarterly FR Y-15 regulatory reporting for JPMorgan Chase, including data analysis, validation, reconciliations, controls, exception investigation, governance materials, audit support, and regulatory inquiries. Collaborate with Finance, Treasury, Technology, and business teams to resolve data issues, improve reporting processes, maintain documentation, and implement regulatory changes. The role requires strong financial reporting knowledge, analytical skills, data management capabilities, and the ability to meet deadlines during peak periods.
Summary Generated by Built In

The Firmwide Regulatory Reporting & Analysis (FRRA) team resides within Corporate Finance and is responsible for execution and delivery of the firm’s regulatory reporting requirements to U.S. regulators. The team has end-to-end responsibility for U.S. regulatory reporting and capital stress testing, including the design, implementation, and oversight of execution, analysis, control, and governance frameworks.

FRRA’s mandate includes determining appropriate investment in people, processes, and technology to improve the accuracy, completeness, and consistency of the firm’s U.S. regulatory reporting and capital stress testing submissions, as well as implementing new requirements and guidelines as they are published.

As a GSIB Regulatory Reporting Associate within FRRA, you will support the end-to-end production and integrity of the FR Y-15 regulatory report, ensuring timely, accurate, and well-controlled reporting. Working closely with cross-functional partners across Finance, Treasury, Technology, and the Lines of Business, you will perform data analysis and validation, execute key controls, investigate reporting issues, and prepare materials that support governance, management reporting, and regulatory review processes.

Job Responsibilities

  • End-to-end production of the FR Y-15 regulatory report for JPMorgan Chase & Co., which is filed quarterly with the Federal Reserve Bank and supports the firm's GSIB assessment.
  • Understand complex reporting methodologies for all reported balances; and align facts, logic, and context with applicable teams. 
  • Perform key internal controls and quality assurance procedures, including variance analysis, cross-report reconciliations, and investigation of exceptions, to ensure the completeness, accuracy, and consistency of reported balances.
  • Prepare reporting analyses, presentation materials, and supporting documentation for quarterly senior management, governance, and regulatory review processes.
  • Enhance the controls and efficiency of financial reporting processes, including the identification and resolution of issues/errors, tracking and remediation of data quality issues, and implementation of process improvements to reduce cycle time. 
  • Collaborate with Product Controllers, Treasury, Technology, and Lines of Business to support regulatory reporting production, analyze reporting impacts, resolve data and process issues, and drive continuous process improvements.
  • Support internal audit reviews and regulatory inquiries by preparing analyses, documentation, and supporting materials for management responses.
  • Maintain and enhance reporting documentation, process flows, methodologies, assumptions, controls, and governance artifacts to ensure compliance with policy and regulatory requirements. 
  • Assess and implement regulatory reporting changes arising from new business activities, system enhancements, and evolving regulatory requirements. 
  • Maintain familiarity with accounting pronouncements, regulatory reporting instructions, and disclosure requirements. 
  • Work extended hours during peak periods, including some weekends.

 

Required Qualifications, Skills, and Capabilities

  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Minimum of 4 years of experience in regulatory reporting, financial reporting, SEC reporting, or a related field.
  • Understanding of regulatory reporting and financial statements
  • Experience working with large quantities of data, including strong reconciliation and process management experience
  • Detail oriented, strong organizational and time management skills
  • Results oriented / delivery focused; ability to deliver high-quality results under tight deadlines
  • Strong analytical skills and attention to detail.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Advanced proficiency with Microsoft Excel, Access, and PowerPoint
  • Advanced data transformation skills using Alteryx, Xceptor, Tableau and macros a plus
  • Excellent communication and interpersonal skills, with the ability to interact effectively with different stakeholders.

Preferred Qualifications

  • Accounting or Finance degree preferred 
  • Accounting or banking industry experience preferred
  • Familiarity with US Banking regulatory reporting requirements a plus
  • Experience using data management & visualization tools in a reporting setting: AWS Databricks, Alteryx,  SQL, Tableau, Visio, database experience a plus
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 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. 

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

Skills Required

  • Bachelor's degree in Finance, Accounting, or a related field
  • At least 4 years of experience in regulatory reporting, financial reporting, SEC reporting, or a related field
  • Understanding of regulatory reporting and financial statements
  • Experience working with large quantities of data
  • Strong reconciliation and process management experience
  • Strong organizational and time management skills
  • Ability to deliver high-quality results under tight deadlines
  • Strong analytical skills and attention to detail
  • Ability to work in a fast-paced environment and manage multiple priorities
  • Advanced proficiency with Microsoft Excel, Access, and PowerPoint
  • Excellent communication and interpersonal skills
  • Advanced data transformation skills using Alteryx, Xceptor, Tableau, and macros
  • Accounting or Finance degree
  • Accounting or banking industry experience
  • Familiarity with U.S. banking regulatory reporting requirements
  • Experience with AWS Databricks, Alteryx, SQL, Tableau, Visio, and databases

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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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