JPMorgan Chase UK Jobs – Senior Associate

About the job

We are looking for a candidate for a Senior Associate role in the Credit Risk team within the Capital Reporting Group.

Key Responsibilities

• Preparation of monthly, quarterly and biannual returns for the UK solo regulated entities and their associated UK consolidation groups.
• Weekly production of Credit Risk Requirement for all products under Standardised Rules and reporting of Internal Model Method (IMM) results for management reporting
• Production of the quarterly Credit Risk, CVA, Large Exposures and Leverage Ratio reporting requirements, including a critical review of the following COREP templates: C7, C9, C11, C13, C14, C25, C34, C35 (Credit Risk) and LV.40 to LV.47 (Leverage Ratio) within COR001, and C26-C29 (Large Exposures) within COR002
• Being Subject Matter Expert on regulatory capital calculations
• Performing analysis and challenging regulatory capital drivers and key variances, including liaising with line of business reporting, and provide commentary
• Maintaining the control standards adhering to firm wide and local controls around User Tools, adjustments and tracking of data/architecture issues
• Understanding the reporting model infrastructure and implementing streamlined process solutions towards a more efficient reporting model
• Involvement in other non-BAU tasks, such as projects and policy matters that impact the capital requirement
• Providing ad-hoc MIS reporting and analytics when required by management
• Addressing internal and external Audit requests, as well as from the regulators
• Partnering with Projects team in implementation of any system related changes
• Developing network and acting as a contact within the Reg team for other areas of Finance and the Business

Personal Skills

• Strong interpersonal and team working skills
• Self motivated and able to work with minimal supervision
• Strong analytical and problem solving skills
• Flexibility to work under pressure to meet changing work requirements and strict deadlines
• Ability to communicate effectively at all levels
• Strong attention to detail

Experience

• Familiarity with current Capital Regulation (CRD4/CRD5) and reporting requirements (COREP).
• Proficiency in Microsoft Office – Excel (pivot tables and vlookups), Access, Outlook, Word and PowerPoint.
• General accounting, reconciliation and finance knowledge essential, preferably from a Regulatory environment.
• Degree qualification and either accountancy qualification or qualification by experience with Financial Services industry.
• Good understanding of investment banking products, including derivatives and security financing transactions, as well as loans and other credit products.
• Not essential but an added advantage:
• Axiom user experience
• Alteryx knowledge / experience
• Familiarity with FRTB rules and requirements

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.