Job Summary
Bring your expertise to JPMorgan Chase. As part of Risk Management & Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgment to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management & Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.
Job Responsibilities
- Support the consolidation of allowance and credit costs across Consumer and Wholesale lines of business and contribute to executive-level presentations that effectively communicate the allowance story.
- Create and maintain documentation and controls for all firmwide allowance deliverables so processes are executed in a controlled manner, and decisions are well-documented.
- Write commentary explaining drivers for internal management reports, including credit costs outlook for the Executive Management Report and producing Peer Institution comparisons.
- Collaborate closely with the Firmwide Economic Scenarios & Analytics (FESA) team to understand scenario narratives and macroeconomic forecasts.
- Collaborate with Line of Business and Firmwide P&A teams to support the delivery of the Firmwide Credit Cost budget and forecast, including net charge-offs and changes in allowance.
- Consolidate and analyze financial results to provide actionable insights to the Risk CFO.
- Support the preparation of the CECL scenario weights assessment and contribute to the governance framework for firmwide allowance processes, driving alignment with auditor and regulator expectations.
- Identify areas for improvement and apply best practices in the firmwide allowance process and governance framework.
- Act as a trusted advisor and partner to stakeholders across the firm, including Investor Relations, SEC Reporting, Loss Forecasting, Controllers, Firmwide Economic Scenarios & Analytics (FESA), Lines of Business, and colleagues within Risk Management & Compliance.
Required Qualifications, Capabilities, and Skills
- 6+ years of experience in Finance, Accounting, Financial reporting, or related fields.
- Strong analytical and problem-solving skills, with attention to detail and a controls mindset.
- Experience with allowance for credit losses under the CECL accounting standard.
- Excellent communication skills, both written and verbal, with the ability to cater messages to senior-level audiences.
- Ability to work under pressure while maintaining high-quality deliverables.
- Strong organizational and project management skills, ability to manage multiple competing priorities and work under tight deadlines.
- Works independently and proactively solves problems, leveraging strong interpersonal skills and effective collaboration across all levels.
Preferred Qualifications, Capabilities, and Skills
- Background in financial reporting, planning and analysis, forecasting, product control, variance analysis, governance, or audit.
- Interest in, and understanding of, the macroeconomic environment and emerging risks that could impact credit losses.
Firmwide Allowance Controller - Vice President in new york at Unknown Company
This position is listed as full time and onsite.