Job Description
The Bank Governance function is responsible for the first-line critical review of internal and regulatory governance materials in keeping with the OCC's Heightened Standards for risk-taking activity and board oversight of bank entities. Demonstrating the Bank's safety and soundness, these materials include, but are not limited to, the annual Strategic Plan and related Board presentation, annual Resolution & Recovery Plans, and Executive Management reports. Additionally, the Bank Governance function executes test plans for resolvability across key stakeholders in Finance for the lead bank and other large entities, and provides direct support for second and third-line review.
As a Lead Bank Legal Entity Governance - Sr. Associate, you will prepare and review JPMCB's Resolution and Recovery Plans and related appendices before the annual regulatory submissions, drive the consolidation of the Strategic Plan narrative document to present the firm's strategic initiatives, and support the Bank Management Group for first-line oversight of Bank activity. The Lead Bank Legal Entity Governance - Sr. Associate role provides a unique opportunity to interact with multiple lines of business and internal stakeholders while compiling the information to support the various governance and regulatory plan documents of JPMCB and other LEs.
Job responsibilities:
- Contribute to the Bank's Recovery & Resolution Plans, including detailed review and challenge of the Plans
- Conduct monthly and quarterly analytical reviews and address ad-hoc requests for Resolution and Recovery Plan documents from regulators
- Administer the Bank Management Group, including the consolidation of the monthly Executive Management Report and preparation for senior meetings
- Coordinate updates to the Firm's Strategic Plan narrative and Process planning document
- Collaborate with Central and LOB Project Management Oversight (PMO) teams to develop various internal and regulatory documents
- Prepare materials for senior management review and presentation
- Identifying operating efficiencies and automation solutions that benefit team productivity
Required qualifications, capabilities, and skills:
- Bachelor's degree in Accounting, Finance, or related business field
- 4 years finance/accounting or related experience
- Fundamental understanding of Banking regulation and internal policies with a control mindset
- Strong Excel and PowerPoint skills, self-initiative and attention to detail
- Excellent analytical, critical thinking, and problem-solving skills
- Ability to build strong cross-business and cross-functional relationships
- Experience managing multiple, concurrent workstreams with a sense of urgency
- Strong communication skills (written and verbal) and intellectually curious
- Proficiency in identifying process improvements and implementing automation solutions
Preferred qualifications, capabilities, and skills:
- Experience in regulatory document preparation and governance a plus
- Broad knowledge of Banking regulatory reporting is beneficial
- Some experience managing senior stakeholders and cross location counterparts is a plus
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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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
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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.