Posting description

Are you passionate about the delivery of regulatory change including latest changes introduced with Basel III Finalization? You have found the right team.

The Treasury and the Chief Investment Office within JPMorgan is responsible for firm wide asset and liability management for one of the world’s largest global financial institutions with a $2.5 trillion balance sheet, including more than $900 billion in loans and $1.4 trillion in deposits. Because it sits at the very center of the firm, The Treasury and the Chief Investment Office directly influences the composition of the firm’s balance sheet as well the activities of the firm’s four main lines of business: Asset & Wealth Management, Commercial Banking, Corporate & Investment Bank, and Consumer & Community Banking.

The Capital Product team within the Treasury and the Chief Investment Office function and are responsible for initiating all large and complex actions across Credit Risk Capital to deliver key priorities for the Firm including the implementation of ongoing regulatory changes and the development of a new reporting and analytics application. The team partners closely with a wide array of stakeholders around the Firm such as Basel Measurement and Analytics & Regional Capital calculation and reporting teams, Capital and Liquidity Policy on internal rule interpretation, Chief Data Offices to initiate data lineages/scoping, Technology, Capital Management, Lines of Businesses, etc. while overseeing capital model development and implementation.

Job Responsibilities

• Key coordination point for Credit Risk initiatives amongst all stakeholders
• Formulate execution strategies and propose innovative approaches to implement new regulations, capital interpretations, and model changes
• Develop and oversee the execution of capital implementations
• Collaboration with functional teams and various technology groups to gather requirements and execute project plan to completion, ensuring high quality delivery in line with regulatory and business requirements
• Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications
• Preparation of detailed test cases / expected results and performance of both Functional and User Acceptance Testing
• Identification of project benefits and establishment of project success criteria / definition of done
• Ability to track key milestones and highlight key risks, issues and dependencies on specific items
• Initiate change control and configuration management processes
• Ability to manage, influence and motivate upward and downward
• Resolve conflict through expert collaboration and broad decision-making
• Adherence to a challenging delivery schedule in a fast-paced and fluid environment
• Liaise with appointed project contacts to assure the overall direction and integrity of the project
• Communicate and liaise with Program Sponsors and Senior Stakeholders regularly

Required qualifications, capabilities, and skills

• Advanced experience of treasury, financial or regulatory reporting areas at a large financial institution
• Product knowledge with the focus on Derivatives, Securities financing transactions and a Repurchase agreement
• Experience in technical capital knowledge: Counterparty Credit Risk, Credit Requirements Directive, Capital Requirements Regulation
• Experience driving large and complex initiatives across multiple functional groups in a high demand environment
• Self-starter with ability to independently manage own work across initiatives and demonstrated ability to multi-task and respond quickly to changing priorities or issues
• Experience with data structures, systems, and large and complex datasets
• Excellent oral and written communication skills, including experience presenting to senior management and large groups
• Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint) required
• Strong problem solving and analytical skills

Preferred qualifications, capabilities, and skills

• Knowledge of Basel III Finalization rules and analysis against U.S. and EMEA Basel III regulation a plus
• Ability to query large datasets using SQL, Python, Alteryx etc.
• An understanding of key Data Governance and Principals