Job title: Firmwide Regulatory Reporting & Analysis (FRRA), Consolidated Regulatory Reporting – Vice President
Company: JPMorgan Chase
Job description: The Firmwide Regulatory Reporting & Analysis (FRRA) team resides within Corporate Finance. The group is responsible for the execution and delivery against the Firm’s regulatory reporting requirements to its U.S. regulators and has end-to-end responsibility for U.S. regulatory reporting and capital stress testing, including the design, implementation, and oversight of the execution, analysis, and control and governance frameworks. Its mandate includes determining the appropriate investment in people, processes and technology to improve the accuracy, completeness and consistency of the Firm’s U.S. regulatory reporting and capital stress testing submissions, as well as the implementation of new requirements and guidelines as they are published.The Consolidated Regulatory Reporting team, within FRRA, is responsible for the following reports: FR Y-9C, FFIEC 031, FR 2886b, FR 2644, as well as other miscellaneous regulatory filings. Our team works closely with other JPMC functions across Controllership, including but not limited to, Line of Business (LOB) Controllers, Asset Class Controllers (ACC), Firmwide External Reporting Controllers (FERCs), Consolidations, Technology Partners and various Policy groups.Job SummaryAs an External Reporting Controller, Vice President within the Consolidated Regulatory Reporting team, you will be an integral part of the end-to-end production and analysis of reporting. You will need to have strong understanding of financial statements/accounting, excellent communication skills, solid Microsoft Office capabilities in tools like Alteryx would be a strong positive.Job Responsibilities:
- Leading and coordinating the production of one or more financial regulatory filings (overall team responsible for FR Y-9C, FFIEC 031, FR 2886b, and FR 2644)
- Understand complex reporting methodologies for all balances reported
- Performing analysis of balances collected through the production process, align facts, logic and context with applicable teams (LOB, Capital Management, ACC, FERC etc.)
- Prepare internal and regulator review materials
- Collaborating with FRRA Policy on interpretative questions, instruction change management etc.
- Provide management oversight to junior staff
- Respond to ad-hoc analytical requests from senior management, audit, regulators etc.
- Lead ad-hoc projects including identifying/closing control gaps or issues, streamlining and automating processes, or implementing new reporting requirements
- Likely require extended work hours during peak quarter-end periods including some weekends
Required Qualifications, Skills, and Capabilities:
- 8+ years in a Finance organization with exposure to accounting, financial statements, regulatory reporting and financial products
- Bachelor’s degree in Accounting, Finance or relative experience
- Demonstrable understanding of financial statements and required disclosures (U.S. GAAP and regulatory instructions)
- First principle based thinker and doer, focused on facts, logic and context
- Detail oriented, strong organizational and time management skills
- Comfortable working with large quantities of data, including strong reconciliation and process management experience
- Strong proficiency with Microsoft Office applications, Excel and PowerPoint in particular
- Strong sense of control and governance (ability to identify and close control gaps and/or issues)
- Ability to multi-task and be hands on in a fast-paced environment to meet deadlines under pressure
- Very strong communications skills, written and verbal
- Strong relationship skills – significant interactions with other functions (LOB, ACC, FERC, Policy etc.)
Preferred Qualifications, Skills, and Capabilities:
- CPA preferred
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/VeteransBase Pay/Salary
Brooklyn,NY $128,250.00 – $200,000.00 / year
Expected salary: $128250 – 200000 per year
Location: Brooklyn, NY
Job date: Sun, 17 Nov 2024 23:44:20 GMT
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