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JPMorgan Basel Retail Credit Risk- Associate 
United States, Delaware 
26337553

26.06.2024

Exciting and dynamic role at the forefront of Capital RWA Reporting for Credit Risk Capital Firmwide

As a Risk-Weighted Assets Associate in the Capital Management team you will be responsible for end-to-end oversight of the firm’s capital management framework to ensure the firm is compliant with regulatory capital requirements and maintains fortress principles related to capital levels, capital distributions/buy-backs, capital stress testing and internal capital allocation. You will work in close partnership with stakeholders within Risk, the Business and other Finance functions around the world to ensure a cohesive global approach to capital management

You will work closely with Lines of Business, Model Implementation, Technology and Regulatory Policy to advance the Firm’s capital agenda in Retail Credit and Other Assets risk stripe.

Job responsibilities

  • Performs deliverables related to production of Retail Credit Risk RWA. Analyze RWA, perform trend analysis, forecast-to-actual results variances and provide insights for stakeholders and senior management
  • Maintains Procedure documents for the production process. Maintain Implementation guidance documents detailing the data, associated rule implementation for RWA calculation and reporting
  • Performs quantitative impact studies (QIS) for regulatory agencies. Understand the upcoming rules and regulations in Retail domain, determine data gaps, draft resolution plans, and create implementation processes for reporting
  • Meets Sarbanes-Oxley (SOX) compliance and audit requirements, provide requisite datasets and documents for review
  • Partners with risk management, lines of business and technology teams to identify and remediate data quality issues. Tracking and management of issues through to resolution
  • Implements new business initiatives, model updates collaborating with stakeholders and partnering with Technology

Required qualifications, capabilities, and skills

  • Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint)
  • Bachelors degree -Finance/Accounting Major or CFA charter holders
  • Ability to multi-task, decide prioritization and capability to make decisions, organized, self-motivated and be a team player
  • Good interpersonal, oral and written communication skills to collaborate effectively with cross-functional groups and cross-continent teams
  • Strong analytical and problem solving skills, with focus on controls. Superior attention to detail and process-orientation

Preferred qualifications, capabilities, and skills:

  • Minimum 2 years experience in Treasury, financial or regulatory reporting experience, preferably at a large financial institution
  • Knowledge of Basel regulatory capital rules, general understanding of RWA calculations pertaining to Consumer Credit products