9 days old

JPMorgan Chase & Co.
Brooklyn, NY 11201
  • Job Code
    200020882

CIB F&BM - Treasury - RWA Planning & Analysis - Vice President

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.


Business Description:

The CIB Treasury P&A team is a group aligned within CIB Treasury whose primary responsibility is the management of forecasts and plan for purposes of managing business activities across Treasury strategies (i.e. balance sheet, funding, liquidity, RWA, capital and leverage strategies).   This team is also responsible for providing various analytics for senior management across all the regulatory constraints to support CIB objectives of maximizing return on capital, balance sheet usage and leverage. 

 

Stakeholders of the group include CIB Finance senior management, business heads, product controllers & planning and analysis.  The team works extensively with the LOB Product control groups and CIB Treasury to ensure complete and accurate reporting of risk weighted assets, balance sheet and capital for both actuals and forecasts.  The group also works closely with the Corporate Finance Reporting, Corporate Treasury, Corporate P&A and firmwide capital management to ensure a complete understanding of business issues and the accurate execution of policies. 

 

Job Description:

The individual will be based in New York and will support the oversight of forecasting and planning regulatory capital and RWA. The individual will also support other Treasury P&A functions including ongoing strategic projects which improve the firm’s efficient utilization of capital and other Firmwide resources. 

  • Drive the planning and forecasting process for RWA and capital planning

  • Partner closely with sub-line of business controllers to coordinate on projected RWA balances and underlying forecast assumptions. Understand business-originating events and incorporate into forecast outlook. Synthesize key sensitivities as they evolve.

  • Support ongoing forecast vs. actual variance analytics and commentaries, review of Basel rules and policy discussions. Track ongoing evolution to regulatory landscape; incorporate into current and forward RWA outlook as appropriate.

  • Act as point of contact between CIB Treasury P&A and line of business controllers to coordinate and organize RWA forecast timelines and requirements.  Lead messaging to LOB’s around controls and variance analytics requirements.

  • Assist in weekly updates of projected RWA across three-year time horizon.

  • Responsible for RWA reporting in various MIS reports including watermark and executive management reports (“EMR”).  Support ongoing  reviews of business-level  returns on capital-consuming activities – as measured through ROE as well as returns on other individual capital constraints.

  • Support the production of ad-hoc analysis and review presentation materials for senior CIB management, Corporate P&A and Firmwide Capital Management.
  • Remain abreast of balance sheet and RWA actuals for foundation understanding of projected results.
Liaise, partner and build strong relationship with key stakeholders

Qualifications

  • Bachelor’s degree or equivalent in Accounting, Finance, Business Administration or related field.  5-10yrs of relevant experience; experience in Planning & Analysis, Reporting or Controlling roles a plus.
  • Strong understanding of B3 Standardized RWA framework combined with familiarity with other capital constraints (GSIB, leverage)
  • Familiarity with CIB Balance Sheet products and core lines of business
  • Proficiency in Excel and PowerPoint

 

Key Skills


  • Strong stakeholder management and excellent communication skills
  • Results orientated without compromising control and detail
  • Strong Excel and PowerPoint skills are required
  • Ability to handle multiple tasks simultaneously and efficiently
  • Thrives on challenges in a fluid working environment

Req #: 200020882
Location: Brooklyn, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 5000 US Dollar (USD)


Keyword: consumer%20banking

Categories

Posted: 2020-03-24 Expires: 2020-04-23

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JPMorgan Chase & Co.
Brooklyn, NY 11201

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