You are a strategic thinker passionate about driving solutions in financial analysis. You have found the right team.
As a Regulatory Reproting Associate in our Finance team, you will spend each day defining, refining and delivering set goals for our firm.
The position is within the Statistical & Finrep Regulatory reporting department of Finance. The group is a service-orientated business comprised of specialized individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The regulatory finance department is a high profile function, providing financial information to the Germany Regulators (Bundesbank) , European banking Authority (EBA) & European Central Bank (ECB)
Preparation of monthly, quarterly and biannual returns for the following solo regulated entities and their associated Germany HO & its branch consolidation groupsInterpretation of the Regulatory rules which forms the basis of reporting and providing regulatory guidance to the business.Partnership and supporting other Finance areas with other reporting requirements Knowledge and expertise in understanding, managing and delivering financial information to regulators
Job Responsibilities:
Ensure the preparation of the firm’s reporting requirements to the German Central Bank, ECB, and EBA.Ensure timely and structured regulatory reporting is performed while demonstrating a strong understanding of the control framework around analysis and break resolution/investigation.Review monthly and quarterly variances, investigate trends, and work to obtain and document business commentary for management.Partner with the local Regulatory Project team on new releases and assist the Onshore team with the review of trade flows for new business initiatives.Prepare and review regulatory reports/submissions for JP Morgan entities as per IFRS requirements on a monthly and quarterly basis.Conduct IFRS adjustment analysis along with GAAP analysis, specifically US GAAP to IFRS.Support various lines of business and legal entity controllers with performance reporting and other query resolutions, especially on regulatory reporting.Support various initiatives related to DQM, automation, and standardization of processes.Understand regulatory compliances and updates, and implement them in reporting.
Required qualifications, capabilities, and skills:
CA/MBA or equivalent qualification with minimum 7 years’ experience in financial reporting, regulatory or legal entity reporting Strong interpersonal and team working skillsSelf-motivated that is able to work with minimal supervisionDemonstrate strong analytical and problem solving skillsFlexibility to work under pressure to meet changing work requirements and strict deadlinesAbility to communicate effectively at all levelsStrong attention to detailStrong in Microsoft Office – Excel, Access, Outlook, Word and Powerpoint