Bring your expertise to JPMorgan Chase. As part of Risk Management & Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgment to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management & Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.
As a Vice President in the Risk Management - Risk Controllers – Wholesale Credit and Allowance Reporting and Analysis team, you will ensure the integrity and validity of risk data disclosed in the firm's external financial reporting. This includes quarterly earnings presentations, 10Q/K, and stand-alone legal entity financial statements. You will also oversee the wholesale allowance for credit losses governance and framework, including the reconciliation and substantiation of allowance results.
Your role will involve delivering insightful, high-quality analytics to senior stakeholders across Risk Management & Compliance and the Office of the Chief Financial Officer to facilitate informed decision-making. You will manage the external reporting of wholesale allowance for credit losses, create executive content, handle internal management reporting, understand the economic environment, assess emerging risks, and manage the wholesale allowance governance process.
Job responsibilities:
Manage external financial reporting and internal management reporting of allowance for credit losses calculated under Current Expected Credit Losses across the Commercial & Investment Bank, Asset & Wealth Management and wholesale businesses within Consumer & Community Banking. Manage wholesale credit data and analytics to support the Firm’s quarterly earnings process, senior manager investor meetings, and risk committee presentations, providing critical insights for decision-making.Understand the current economic environment and identify economic indicators to assess emerging risks for the firm and the associated impact on allowancePerform sensitivity analysis on key inputs to the firm’s allowance to inform decision making by senior managementDevelop executive level presentations that effectively tells the allowance story for the quarter and emerging risk considerationsMaintain a strong governance framework for the firmwide allowance process, aligned with expectations from auditors and regulatorsCreate and maintain documentation and controls of all wholesale allowance deliverables to ensure processes are executed in a controlled manner and decisions are well documentedIdentify areas of improvement and apply best practices in the wholesale allowance process and governance frameworkAct as trusted advisor and partner to stakeholders across the firm, including investor relations, SEC reporting, loss forecasting, controllers, lines of business, economic scenarios, internal audit, control management, and colleagues within Risk Management & ComplianceRequired qualifications, capabilities, and skills:
Strong leadership skills and managerial experience; add to culture of inclusionExcellent presentation skills, including the ability to create executive level contentEffective writing skills with the ability to cater the message to senior level audiences, proficient with writing procedures and documentationResponsible and takes accountability for deliverables, works well under pressure while maintaining great attention to detail and a controls mindset Curious and innovative mindset, with the courage to ask questions and challenge the status quoStrong organizational and project management skills, ability to manage multiple competing priorities and work under tight deadlinesAbility to work independently and proactively solve problems; strong interpersonal skills and comfortable working with all levelsPreferred qualifications, capabilities, and skills:
Background in financial reporting, planning and analysis, forecasting, product control, variance analysis, governance, or auditExperience with allowance for credit losses or credit risk reportingKnowledge of fundamental principles of finance, accounting or credit modelsExperience with operating model execution and documentation