JPMorgan Finance & Business Management – Stress Testing 

United States, New York, New York 

294506066

Join J.P. Morgan’s Commercial & Investment Bank as a VP in Finance & Business Management, where you will lead the Credit Costs/Stress Testing Controllers team. This role offers a unique opportunity to become a subject matter expert on credit costs and stress testing, working with diverse stakeholders across the globe. You will play a pivotal role in analyzing and reporting credit costs under US GAAP CECL and IFRS 9 frameworks, as well as CCAR and Risk appetite results. This is a high-impact position that requires strategic thinking and collaboration with various teams within the bank.

As a Vice President within the Credit Costs/Stress Testing Controllers team, you will be responsible for the review and reporting of Credit Costs across both the US GAAP CECL and IFRS 9 frameworks. You will analyze and report the annual CCAR and quarterly Risk appetite results across the entire Commercial & Investment Bank loans and commitments portfolio. This role involves close collaboration with Wholesale Credit Risk Controllers, Special Credits, Accounting Policy, Central Planning & Analysis, Legal Entity Controllers, and various lines of business controllers across the CIB.

Job Responsibilities:

• Validate model projections, focusing on Credit Costs, Risk Weighted Assets, and Fair Value projections.
• Prepare CCAR and Risk Appetite submissions.
• Perform UAT on new models and quantitative frameworks.
• Automate stress results reporting in collaboration with the technology team.
• Establish control checks for accurate and complete submission templates.
• Participate in internal audits and regulatory reviews.
• Support ad-hoc requests and assist other team functions as needed.
• Propose enhancements to outputs and models.
• Validate CECL results and coordinate ledger booking with Financial Controllers.
• Validate IFRS 9 model outputs and liaise with Legal Entity Controllers.
• Review and sign off on launch point data and profiling of critical model attributes.

Required Qualifications, Capabilities, and Skills:

• BA / BS degree required with 5+ years of experience in finance, particularly with knowledge of lending products and capital.
• Strong analytic mindset and creative problem-solving skills.
• Self-starter and team player.
• Excellent written and verbal communication skills.
• Strong Excel skills and database knowledge.
• Ability to analyze large volumes of data.
• Ability to review processes and automate them for efficiency.