CIB – UK Regulatory Reporting – Business Analyst – VP

The position is within the UK Regulatory Reporting team within Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators.  The group is also dedicated to adding value and improving efficiency, quality and controls.
 
The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority (“PRA”), Financial Conduct Authority (“FCA”), Bank of England and the Office of National Statistics. The reporting team within Regulatory Finance is split into two areas: the Capital Reporting team and the Financial Reporting team.
 
There is also a specialist team, UK Regulatory Change, responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
 
Background:
 
The UK Regulatory Reporting function is changing rapidly through external mandatory regulatory reporting requirements; greater business engagement internally (including new products and upstream system change) and development of new reporting applications and tools.
 
The UK Reg Change team is responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and Legal Entity strategy work for UK Regulatory Reporting.

  
We are looking for a candidate for the role of UK Regulatory Change – Business Analyst to join the ’UK Regulatory Change’ team. A successful candidate will have the following responsibilities:
 

Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications for UK Regulatory platform including detailed Regulatory Calculations and Reporting Requirements for review and sign off by UK Regulatory Reporting Teams

Preparing detailed test cases and expected results

Performance of User Acceptance Testing and implementation plans

Regulatory SME support to technology teams. Providing review and sign off of  Functional Specifications

Timely escalation of issues and risks to the Project Manager ensuring robust risk mitigation strategies

Manage other members of the UK Reg Change teamKnowledge, skills and experience required:

Strong interpersonal and team working skills

A self starter, motivated and able to work with minimal supervision

Demonstrate strong analytical and problem solving skills

Flexibility to work under pressure to meet changing work requirements and strict deadlines

Ability to communicate effectively both verbally and written – at all levels

Attention to detail

Preparation of Business Requirements and Functional Specification documents for PRA/ FCA Regulatory Capital and Bank of England calculations and reporting- Essential

Good understanding of the Project Lifecycle- Essential

Good knowledge of UK Regulatory PRA/ FCA & BoE- Essential

Change experience delivering Basel / Regulatory Reporting / CRD4 / COREP – Essential

Familiar with both Banking and Trading book investment products – Preferable

Proficiency in Microsoft Office – MS Excel , MS Access, Outlook, Word and PowerPoint  – Essential

Part Qualified / Qualified Accountant – Preferable
 
 

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.