Basel Measurement Analytics - Counterparty Credit Risk, Senior Associate

Job Description
JPMorgan Chase & Co. is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Across Latin America, J.P. Morgan is a leading financial provider and among the top global banks in all product areas. As a result of our long-standing regional presence, we have built long-term and trusted relationships with Latin American industry leaders, financial institutions, governments, family-owned businesses and private clients. J.P. Morgan's commitment to the region enables us to deliver a broad range of capabilities to meet our clients' financial needs in the local and global markets in the areas of investment banking, asset management, treasury services, wealth management and corporate banking.
As a Basel Measurement Analytics (BM&A) Counterparty Credit Risk SFT - Associate within the CIO Treasury function, you will be responsible for partnering with various JPMC functions to establish control and govern best practices for the Regulatory Capital process. You will be involved in producing firm-wide capital results, overseeing the implementation and reporting infrastructure for Basel 3 and other Capital-related requirements, and managing the Quantitative Impact Studies for regulators. This role provides an opportunity to work in a dynamic, fast-paced environment, and make a significant impact on the firm's risk management practices.
The BM&A Associate position interfaces with LOB controllers to support the computation and analysis of risk-weighted assets (RWA) for Securities Financing Transactions. The candidate will be responsible for producing RWA under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and Credit Officers to determine variance drivers such as portfolio changes, policy updates and capital treatment. The candidate will manage the adjustment process and be owner of data issue identification, tracking and resolution.
Job responsibilities:

• Calculate and report monthly and quarterly Securities Financing Transaction Risk Weighted Asset (RWA) results.
• Analyze and interpret RWA trends and present drivers to senior management.
• Perform quantitative impact analysis on the firm's RWA and other capital exposures such as SLR and GSIB under Basel rules.
• Support external regulatory reporting deliverables.
• Own end-to- end production process and evaluate controls on key processes and functions.
• Maintain procedure documents (SOP) for the production process. Maintain Implementation guidance documents detailing the data, associated rule implementation for RWA calculation and reporting
• Use regulatory capital knowledge to drive the Basel 3 and Basel 3 Expanded Risk Based Approach rule implementation as a Subject Matter Expert (SME).
• Assist in various impact analysis to support senior management's capital related decision making process
• Be the owner of identification, tracking and remediation of any data quality issues - be the owner of the end-to-end flow
• Work with multiple groups to drive various initiatives including implementation of fixes, enhancements to the calculation logic

Required qualifications, skills and capabilities:

• Bachelor's degree required - Finance/Accounting major
• 3+ years experience in Finance, Risk Management, Treasury, Regulatory Reporting or related field at a large financial institution
• Exceptional excel/database/desktop skills.
• Ability to work in pressure-oriented environment and able to handle multiple tasks.
• Strong analytical, critical thinking, and problem solving skills with a track record of execution against deliverables; including the ability to take ownership and work independently while contributing to the broader team.
• Results oriented individual who can execute tasks within a fast-paced time frame.
• Excellent interpersonal skills necessary to work effectively with colleagues at various levels of the organization.
• Must possess the ability to research and resolve issues independently while working across teams to acquire needed information.
• Excellent organization and control focus & superior attention to detail and process-orientation.
• Ability to synthesize and analyze large amounts of data to ascertain key facts and trends.
• Ability to develop strong client relationships and gain consensus on key decisions.

Preferred qualifications, skills and capabilities:

• Working knowledge of Alteryx, Tableau, SQL, Data bricks preferred
• Experience driving large initiatives across multiple functional groups preferred
• FRM or CFA charter holders preferred
• Experience in credit risk management and reporting preferred
• Experience in a production or operations environment preferred
• Experience in project management preferred
• Experience with Basel regulatory capital rules preferred

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.