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Corporate - Legal Entity Market Risk Reporting Analyst - Newark, DE

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

 

Department Description: 
Legal Entity Risk Reporting is responsible for providing data and analytical reporting to regional and local Chief Risk Officers (CRO), regulators and Senior Management.  There is a critical need to focus on ensuring risk reporting is comprehensive, timely, and accurate so that all levels of risk management can use it to understand and manage the business in a timely and effective manner. The requirement to manage the firm’s risk at a legal entity level is a relatively new regulatory mandate. As such, the group is still in the “build-out”/development phase. This involves identifying and driving initiatives to improve reporting capabilities, partnering with senior management to evolve reporting and developing ability to provide in-depth analyses to senior risk managers.
For some locations, Legal Entity Risk Reporting manages the interface and relationship with local regulators around Market and Credit Risks. This requires an understanding and interpretation of the local regulatory requirements and providing a consistent response to each of the individual regulators with whom we interact. For those entities, LE Risk Reporting is responsible for risk oversight and control of the legal entities, which involves the establishment of a cross line of business framework for the measurement and control of market and credit risks at the legal entity level.
Roles and Responsibilities:
The candidate will be based in Delaware and report to the North America (NA) Legal Entity Market Risk Reporting Manager. Responsibilities include monitoring and reporting market risk and interaction with Legal Entity Risk Managers, Market Risk Coverage, Finance, Technology, Operations and Audit.
 
Responsibilities, skills, specific duties and essential function:
  • Establish and/or maintain processes to provide accurate legal entity risk reporting in support of governance and regulatory requirements
  • Accountable for all NA Legal Entity market risk reports / packs that are submitted to Senior Management, Risk Committees and CROs
  • Assist to establish practices and procedures around monitoring and reporting of limits
  • Provide a reasonableness review of market risk information contained in regulatory reporting
  • Modify local reports to comply with changing regulations, and coordinate/lead implementation with Technology, Operations and other functions
  • Ensure any risk excesses are escalated and controlled according to local risk policies
  • Participate in the Risk Committee meetings to cover changes in and understanding of risk profiles and any risk issues arising
  • Complete ad-hoc projects related to Legal Entity reporting program
  • 1-2 years risk reporting or related work experience
  • Strong attention to detail and superior organizational skills
  • Comfortable with teammates and partnering with people across functions to meet reporting deadlines
  • Ability to multi-task and flexibility to meet tight deadlines for senior management
  • Good analytical skills and problem-solving capability
  • Advanced Excel (including VBA/macros) and PowerPoint skills
  • Ability to work with large datasets
  • Excellent communication (written and oral) and interpersonal skills; comfortable with building relationships and partnering with data providers to obtain pertinent information for reporting
  • Flexible and positive attitude
  • Access knowledge a plus
  • Bachelor's degree is required
Req #: 160036277
Location: Newark, DE US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: US Dollar (USD)

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