JPMorgan Risk Management – Controllers Firmwide 

United States, New York, New York 

90143373

As a Vice President in the Risk Controllers - Firmwide Allowance Lead team within Risk Management, you will ensure the integrity and validity of risk data disclosed in the firm's external financial reporting. This includes quarterly earnings presentations, 10Q/K, and stand-alone legal entity financial statements. You will also oversee the firmwide allowance for credit losses governance and framework, including the reconciliation and substantiation of the allowance results. Your role will involve delivering insightful, high-quality analytics to senior stakeholders across Risk Management & Compliance and the Office of the Chief Financial Officer to facilitate informed decision-making.

Job responsibilities

• Manage external financial reporting and internal management reporting of the firm’s allowance for credit losses calculated under Current Expected Credit Losses, requiring the understanding of the allowance for the wholesale and consumer portfolios
• Write commentary to explain the drivers of allowance for the firm’s external disclosures included in quarterly earnings materials and the 10Q/K
• Prepare internal management reporting of allowance, including the key risk summary report for the Board Risk Committee, credit costs outlook for the Executive Management Report, and allowance results for the Audit Committee
• Understand the current economic environment and identify economic indicators to assess emerging risks for the firm and the associated impact on allowance
• Perform sensitivity analysis on key inputs to the firm’s allowance to inform decision making by senior management
• Develop executive level presentations that effectively tells the allowance story for the quarter and emerging risk considerations
• Maintain a strong governance framework for the firmwide allowance process, aligned with expectations from auditors and regulators
• Execute best practices in the management of senior level firmwide allowance governance meetings, from planning and preparation to the review and challenge of content to the documentation of meeting minutes
• Create and maintain documentation and controls of all firmwide allowance deliverables to ensure processes are executed in a controlled manner and decisions are well documented
• Identify areas of improvement and apply best practices in the firmwide allowance process and governance framework
• Act as trusted advisor and partner to stakeholders across the firm, including investor relations, SEC reporting, loss forecasting, controllers, lines of business, economic scenarios, internal audit, control management, and colleagues within Risk Management & Compliance

Required qualifications, capabilities, and skills

• Strong leadership skills and managerial experience; advocate of diversity, equity, and inclusion
• Excellent presentation skills, including the ability to create executive level content
• Effective writing skills with the ability to cater the message to senior level audiences, proficient with writing procedures and documentation
• Responsible and takes accountability for deliverables, works well under pressure while maintaining great attention to detail and a controls mindset
• Curious and innovative mindset, with the courage to ask questions and challenge the status quo
• Strong organizational and project management skills, ability to manage multiple competing priorities and work under tight deadlines
• Ability to work independently and proactively solve problems; strong interpersonal skills and comfortable working with all levels

Preferred qualifications, capabilities, and skills:

• Background in financial reporting, planning and analysis, forecasting, product control, variance analysis, governance, or audit
• Experience with allowance for credit losses or credit risk reporting
• Experience with operating model execution and documentation