JPMorgan Associate - Capital Management & Strategy 

India, Maharashtra, Mumbai 

539742489

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Job Summary:

As an Associate - Capital Management & Strategy within the EMEA Capital Management and Strategy team, you will play a key role in ensuring that the firm complies with its prudential regulatory obligations. You will be responsible for managing the RWA Stress testing requirements for UK entities end-to-end, coordinating and managing the delivery of the ICAAP, and critically reviewing risk model methodologies, among other tasks. You will also be collaborating with internal stakeholders in Risk, Finance, Treasury, and business lines.

Job Responsibilities:

• Embrace a role that offers a balanced mix of projects and business-as-usual activities, providing the right level of challenge and opportunity for growth. Develop a comprehensive understanding of regulatory requirements related to capital adequacy, including ICAAP, ICARA, regulatory reporting, and recovery and resolution.
• Collaborate with internal stakeholders in Risk, Finance, Treasury, and business lines, gaining the opportunity to deepen your understanding of the Pillar 2/ICAAP framework.
• Manage the RWA stress testing requirements for UK entities end-to-end, leveraging experience in forecasting, ratio analysis, dividend planning, and more.
• Demonstrate strong organizational and teamwork skills, working closely with the wider team to compile succinct updates that are reflected in professional materials for various governance forums.
• Effectively partner and establish relationships across lines of business, functions, and levels to execute initiatives that contribute to working groups and EMEA Capital Management and Strategy.

• Co-ordinate and manage the delivery of the ICAAP, including systems and reports for key UK legal entities.
• Co-ordinate and own the capital forecasts, stress testing assessments and where applicable, internal Pillar 2 assessments of risks.
• Co-ordinate and manage the delivery of the Risk appetite framework and reports for key UK legal entities, including submission of external returns like PRA111, PRA102 to the regulators.
• Critically review risk model methodologies, stress testing framework, policy and procedures to ensure compliance with internal controls and regulatory requirements.
• Review and challenge business decisions, growth plans from a capital perspective on an on-going basis. Along with, analyzing new business initiatives, regulatory impact from revisions to the capital requirement framework, regulatory reforms and permissions
• Ability to manage and take responsibility for own work, producing reliable, high-quality outputs to an agreed timeline. Good task management skills and ability to prioritize and work to tight deadlines.
• Ability to communicate clearly and have attention to detail, with the written and oral presentation skills to deliver clear messages for to the stakeholders across different functions and senior management and external parties.

Preferred qualifications, capabilities, and skills:

• Chartered Accountant / MBA with minimum 6 years’ experience preferably with financial services industry, with Capital forecasting and ICAAP/ICARA experience preferred
• Outstanding written and verbal communication skills, including an ability to prepare executive level presentations.
• Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment with advanced Excel and PowerPoint skills required.
• Knowledge of the investment banking industry, products and business lines. Any experience in EU / PRA regulatory reporting involving Basel/CRR regulations or Pillar 2 / ICAAP framework will be beneficial but not essential.
• Strong communication skills to lead the forums confidently with senior stakeholders from Risk, Finance and Treasury.
• Good experience in setting up and running successful governance forums.
• Teamwork skills - Candidate must be flexible in work style and have the ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals.