CIB F&BM – Markets Capital Analysis Controller – VP

Job Title:     
                        
Role: CIB F&BM Markets CCAR Controller – VP
 
Department: F&BM – CIB Markets
Function: Planning & Analysis
Location: New York or London
 
 
CIB F&BM Markets CCAR Controller – Vice President
 
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. www.jpmorganchase.com.
Finance & Business Management’s goals are to ensure sound control environments and provide financial advice to support the business strategy. Within F&BM, the Planning & Analysis team is responsible for supporting the business across diverse stripes – Budget, Forecast, Expenses, town hall and offsite preparation, Analytics and CCAR.
We are looking for a high performing individual to own and enhance the operating model governing the Federal Reserve-mandated Comprehensive Capital Analysis & Review (“CCAR”) submission for part of the Markets business (Macro, Spreads, or Equities & Financing) within Corporate & Investment Bank (“CIB”).
The individual will partner extensively with colleagues within the CIB including, Business Management, CIB Treasury Controllers and the Planning & Analysis Analytics team.  Additionally they will be responsible for presenting our assessment and findings to the Business, Markets CFO and the Corporate Capital Stress Testing team.
Responsibilities will include:

Becoming an expert in the Firm’s regulatory CCAR requirements and processes as they relate to the activity

Performing detailed analytics of NII, NIR, Balance Sheet and RWA drivers for both actual and projected activity supplemented by business insight into market and economic variables

Partnering with the business/front office in order to drive improvements to the current stress forecasting process

Owning the CCAR segment narrative as it relates to this activity including overview of activity, framework on which assessment is based and key drivers involved in forecasting

Designing and implementing a revised operating model which will integrate the CCAR methodologies into business as usual including reporting of actuals and forecastingThe position offers good visibility into the core drivers of this activity within the Firm as well as the opportunity to implement lasting change within the organization.    
Skills Required:
 
The candidate must be a self starter who is able to work in a fast paced, results driven environment

Bachelor’s Degree in Accounting, Finance, Economics, Mathematics, or related

Minimum of 6+ years of experience, ideally Product Control, Project Management  and/or Model-related function (development or review)

Solid product knowledge of at least one of the key Markets businesses (Equities, Macro, Spreads, Financing)

Knowledge of balance sheet, income statement and basic accounting concepts

Ability to work effectively, meet challenging deadlines and to work under pressure

Analytical and quantitative aptitude – ability to identify and solve problems independently

Strong interpersonal skills and good communication skills

Strong relationship building with proven experience of collaborating with and influencing others across functions and product and locations

Control mindset (ability to identify and close control gaps and/or issues)

Proficient in Microsoft Excel and PowerPoint 
About J.P. Morgan’s Corporate & Investment Bank:
 
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.  Further information about J.P. Morgan is available at www.jpmorgan.com.
 
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.