DESCRIPTION:
Duties: Interface with line of business (LOB) controllers to support the computation and analysis of risk-weighted assets (RWA) for Credit Risk products. Produce RWA under Basel 3 rules, analyze quarter-over-quarter changes in RWA, and work with LOB controllers and Credit Officers to determine variance drivers such as portfolio changes, policy updates, and capital treatment. Responsible for the adjustment process and own data issue identification, tracking, and resolution. Responsible for ensuring RWA is being accurately captured in regulatory reports, escalating and resolving any issues that may occur. Drive the strategic implementations of rule changes or policy guidance. Indirectly lead product team members in the production of RWA results and strategic implementations across multiple locations.
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QUALIFICATIONS:
Minimum education and experience required: 3- or 4-year Bachelor's degree in Business Administration, Finance, Economics, or related field of study plus 5 years of experience in the job offered or as Business Analysis & Reporting, Basel Analyst, Basel RWA Reporting, Finance Manager, Credit Risk Analyst, Accountant, Financial Analyst, or related occupation.
Skills Required: Requires experience in the following: treasury, financial, or regulatory reporting at bank, hedge fund, asset management or accounting firm with 5,000 or more employees; credit risk management and reporting; leading projects encompassing multiple teams across the organization; leading individuals (directly or indirectly); using Microsoft Access to load tables and query objects and tables; using pivot tables, VLookup, embedded IF statements, and index and match formulas in Excel; presenting information to senior business partners; performing variance analysis to find and investigate key drivers; creation of Tableau and Alteryx workflows.
Job Location: 545 Washington Boulevard, Jersey City, NJ 07310. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $107,000 - $130,000 per year.
ABOUT US
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of 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 is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.