Join the CCAR and Capital team, within Firmwide Regulatory Reporting & Analysis, is responsible for the following reports: FR Y-14M, FR Y-14Q, FRY-14A, as well as a few other capital regulatory filings. Our team works closely with other JPMorgan Chase functions, including but not limited to Controllers, Line of Business Planning and Analysis, Risk functions, Capital Management and Stress Testing, Technology Partners and various Policy groups. FR Y-14A reporting series collects the firm’s financials and metrics forecast under different stress scenarios. Financials collected are utilized by Supervisory agencies to assist in determining the Firm’s capital adequacy.
As a Senior Associate within the Firmwide Regulatory Reporting & Analysis team, you will support the end-to-end production, analysis and governance of FR Y-14A regulatory reporting and related quarterly capital stress-testing and risk-appetite deliverables. You will work across Controllers, Capital Management & Stress Testing, Planning & Analysis, Treasury, Risk, Regulatory Policy and Technology teams to ensure reported results are accurate, analytically sound, well-controlled and delivered on time. The role requires strong knowledge of P&L, Balance sheet, capital and RWA concepts, financial-statement linkages, regulatory-reporting controls and data-driven process improvement.
Job responsibilities:
- Support end-to-end preparation, review and submission of FR Y-14A reports and related internal capital stress-testing deliverables.
- Consolidate and analyze scenario-based projections across the income statement, balance sheet, capital and risk-weighted assets, and clearly explain key movements, trends and drivers.
- Perform reasonableness reviews over inputs, assumptions, adjustments and final outputs, including investigation of material variances versus prior quarter, actuals, forecast and internal management views.
- Partner with Line of Business Planning & Analysis, Controllers, Treasury, Risk, Capital Management & Stress Testing, Regulatory Policy and Technology teams to resolve data, methodology and reporting issues.
- Support the maintenance of reporting templates, business rules, calculation logic, data requirements and source-to-target controls within reporting and technology solutions.
- Prepare supporting documentation for processes, methodologies, controls and issue remediation, and maintain a strong evidentiary trail for governance, audit and regulatory review.
- Participate in technology change delivery, including business requirements, test planning, user acceptance testing and implementation support for regulatory-reporting enhancements.
- Respond to ad hoc requests from senior management, audit, control partners and regulators in a timely and well-supported manner.
- Identify and execute opportunities to improve reporting quality, transparency and efficiency through automation and data transformation using tools such as Alteryx, Python, SQL and Tableau.
- Support implementation of new regulatory requirements, policy changes and strategic initiatives that affect 14A stress-testing reporting.
Required qualifications, capabilities, and skills:
- Bachelor’s degree in Finance, Accounting, Economics or a related quantitative field
- 4+ years of experience in a large banking or financial-services organization across Regulatory Reporting, Capital Reporting, Treasury/Capital Controllers, Product Control, Financial Control, Planning & Analysis or a related finance function
- Strong understanding of the relationship between the balance sheet, income statement, capital and RWA, with the ability to explain movements and identify anomalies
- Strong analytical and quantitative skills, with comfort working through large and complex financial data sets
- Demonstrated control mindset, including experience with process controls, documentation, issue management, audit support and governance routines
- Strong technical skills and agility to learn new technology
- Experience around data transformation tools such as Alteryx or Python, and querying and visualization tools such as SQL or Tableau
- Very strong communications skills, written and verbal and partnership building skills– for effective communications with stakeholders, senior management
- Ability to manage multiple priorities in a fast-paced, deadline-driven and highly matrixed environment
- Strong sense of control and governance (ability to identify and close control gaps and/or issues)
About Us
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
Skills Required
- Bachelor's degree in Finance, Accounting, Economics or related quantitative field
- 4+ years experience in banking or financial services in Regulatory Reporting, Capital Reporting, Treasury/Capital Controllers, Product Control, Financial Control or Planning & Analysis
- Strong understanding of balance sheet, income statement, capital and RWA linkages
- Strong analytical and quantitative skills, comfortable with large complex financial datasets
- Demonstrated control mindset with experience in process controls, documentation, issue management and audit support
- Strong technical aptitude and ability to learn new technology quickly
- Experience with data transformation tools (Alteryx or Python)
- Experience querying and visualization tools (SQL and/or Tableau)
- Very strong written and verbal communication and partnership-building skills
- Ability to manage multiple priorities in a fast-paced, deadline-driven and highly matrixed environment
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.
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Healthcare Strength — Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
JPMorganChase Insights
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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