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 CCAR Y-14 Reporting & Analysis – Vice President within the Firmwide Regulatory Reporting & Analysis team, you will be an integral part of the end-to-end production and analysis of FR Y-14A reporting.
Job responsibilities:
Lead and coordinate multiple aspects of the FR Y-14A reporting process, and internal quarterly capital stress testing and risk appetite reporting processes Collect, consolidate and analyze the stress testing results, including the Income Statement, Balance Sheet, Capital and Risk weighted assets (RWA) Understand the regulatory reporting requirements and the associated complex financial/accounting calculations Ensure compliance with regulatory reporting control and governance framework Participate in testing and change management implementation of the relevant technology (W-Desk, Internal Aggregation\consolidation system, Tableau, Axiom etc.) associated with the regulatory reporting; coordinate with the technology team to build required technology expertise for self and for your team; oversee the review and maintenance of the regulatory reporting requirement’s input template, calculation rules\logics within the technology solutions in partnership with technology teams Communicate new regulatory requirements to all the stakeholders and lead requirement clarification conversations with FRRA Policy team and Corporate Capital Stress Testing team Lead the refresh and review with central challenger of a Qualitative methodologies owned by the team, that are used for producing or used for providing guidance for producing the reportable data Ensure timely execution of ad-hoc requests from senior management, audit, other functions, and regulatory agencies Prepare and review supporting documentation on processes, methodologies, and the control environment Establish and manage relationships, partnerships, and dialogue with a variety of stakeholders in a highly matrixed organization
Required qualifications, capabilities, and skills:
6+ years of experience in a banking organization with exposure to regulatory reporting, financial statements analysis, and financial products Strong analytical skills and ability to work with large quantities of financial data to pull trends and insights, and identify any anomalies Very strong communications skills, written and verbal and partnership building skills– for effective communications with stakeholders, senior management and regulatory agencies Strong technical skills and agility to learn new technology Ability to multi-task and be hands on in a fast-paced environment to meet deadlines under pressure Strong sense of control and governance (ability to identify and close control gaps and/or issues)Preferred qualifications, capabilities, and skills:
Knowledge of CCAR, Regulatory Capital and RWA, US GAAP is an advantage Experience in either of Regulatory Reporting, Planning & Analysis (Line of Business/Firmwide P&A), Product Controller, and Legal Entity controller strongly preferred Experience using Microsoft Office Application Suite (Word, Excel, Access, and PowerPoint), Business Intelligence solutions (Example: Alteryx, Tableau) and regulatory reporting solutions (Example: Axiom) is preferred