JPMorgan Chase Corporate Treasury - Basel Measurement & Analytics in Jersey City, New Jersey
The Basel Measurement & Analytics (BM&A) group within CIO Treasury is responsible for calculating, analyzing, and reporting firmwide RWA for market risk, wholesale credit risk, and retail risk stripes. The RWA measures feed into corporate functions to quantify and determine regulatory capital requirements and support external regulatory filings and disclosures. BM&A is responsible for the business requirements to develop and manage the Basel infrastructure and ensure calculations are in compliance with internal capital policy and guidance. In addition, BM&A supports ancillary activities to perform impact analysis on methodology changes driven by new rule proposals, support RWA component of CCAR, Resolution & Recovery, Pillar 3 Disclosure, and Quantitative Impact Studies (QIS) for regulatory agencies.
The BM&A Derivatives Team is responsible for assessing regulatory policy, driving enhancements to infrastructure needed to support risk regulatory reporting processes related to Basel methodology, and RWA reporting (specific to derivatives). The candidate will be responsible for producing RWA related to derivatives exposures under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and credit officers to determine variance drivers such as portfolio changes, policy updates and capital treatment, and generation of external regulatory filing schedules. The candidate will manage the reporting processes and be owner of data issue identification, tracking, and resolution.
Specific responsibilities include:
Monthly production cycle for RWA calculation and reporting, including Basel 3 Standardized, Basel 3 Advanced, Central Counterparty, and Supplementary Leverage RatioPerform ad-hoc quantitative impact analysis on the firm's RWA under Basel rules based on input parameters or infrastructure changes - specific to Derivatives exposures
Provide analysis in support of RWA trends and forecast-to-actual variances
Support external regulatory filing deliverables, including FR Y-9C, FFIEC 031, and FFIEC 101 disclosures. Also entails presenting external filed results to senior management as well as quarterly stress testing
Evaluate and manage controls on key processes and functions
Prepare objective analysis that provides perspective to senior management to support decision-making on key issues related to regulatory capital
Bachelor's degree and 3-5 years' experience in Finance, Risk Management, or related field
Experience with Basel Capital Rules is preferred
Experience and technical understanding of derivative products
Exceptional excel/database/desktop skills, including Alteryx and Tableau
Ability to work in pressure-oriented environment and able to handle and prioritize multiple tasks
Strong analytical, critical thinking, and problem solving skills with a track record of execution against deliverables; including the ability to take ownership and work independently while contributing to the broader team
Results oriented individual who can execute tasks within aggressive time frame
Excellent interpersonal skills necessary to work effectively with colleagues at various levels of the organization
Self-motivated team-player. Must possess the ability to research and resolve issues independently and analytically while working across teams to acquire needed information
Excellent organization and control focus
Superior attention to detail and process-orientation
Ability to synthesize and analyze large amounts of data to ascertain key facts and trends
Ability to develop strong client relationships and gain consensus on key decisions
JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans