Recent Searches

You haven't searched anything yet.

1 External Reporting Controller, Associate- Resolution & Recovery Job in Jersey, NJ

SET JOB ALERT
Details...
JPMorgan Chase
Jersey, NJ | Full Time
$171k-225k (estimate)
1 Month Ago
External Reporting Controller, Associate- Resolution & Recovery
JPMorgan Chase Jersey, NJ
$171k-225k (estimate)
Full Time | Banking 1 Month Ago
Save

JPMorgan Chase is Hiring an External Reporting Controller, Associate- Resolution & Recovery Near Jersey, NJ

Step into a dynamic role at JPMorgan Chase as an External Reporting Controller. You will have the opportunity to  participate in and support all aspects of planning and execution to meet Title I, Insured Depository Institution (IDI) and Recovery Plan submission deliverables.

As an External Reporting Controller, Associate on the Consumer and Community Banking Resolution & Recovery team, you will drive the Resolution and Recovery agenda and support all aspects of planning, execution, and new requirements. You will work with CCB deliverable owners (including Resolution Plan Owners across Controllers, FP&A, Technology, Operations, Critical Operations and Object of Sale Leads), Firmwide Resolution & Recovery Teams, CCB Treasury, Legal, and others to ensure timely delivery of the CCB Resolution Plans. This position will require you to act with urgency to ensure issues are identified, raised, and resolved to meet designated timelines. 

Resolution & Recovery Background:
The Dodd-Frank Act requires large, systemically important financial institutions such as JPMorgan to submit Board-approved Resolution & Recovery Plans (RRPs, a.k.a. Living Wills) to US Regulatory Agencies - Federal Reserve Bank and Federal Deposit Insurance Corp (“agencies”) on a required cadence of a full resolution plan submission (all required elements) and a targeted resolution plan which includes certain core elements and specific focus areas identified by the agencies. Resolution Plans need to demonstrate how JPM would be resolved in an orderly way (i.e., without causing a major market disruption), if the company ever became bankrupt. Recovery Plans need to demonstrate how the firm would recover if the firm were to experience significant decreases in capital and liquidity because of a severe, crisis event. These plans are a strategic priority for the firm.
Team Overview:
The CCB Resolution & Recovery team (CCB R&R PMO) is responsible for the governance, oversight, effective implementation of CCB related R&R programs and corresponding deliverables resulting in the submission to U.S. regulators. The team also coordinates across CCB for ad hoc responses in addition to planned regulatory requests. CCB R&R PMO partners extensively with all lines of businesses within CCB including Controllers, CFOs, Treasury and all functional support areas to oversee, control, and deliver on this program. The team acts as thoughtful leaders and coordinates CCB responses to the everchanging landscape requiring a deep understanding of products and business drivers.

Job Responsibilities:

  • Develop a deep understanding of Resolution and Recovery planning processes, with a focus on all CCB deliverables including business plans, divestiture playbooks, pro forma financial statements and liquidity and capital analysis
  • Understand business changes, determine impact on the various components of the plans and update as necessary
  • Proactively host discussions to resolve issues
  • Assess risks and escalate issues, as appropriate
  • Support Quality Control review of the CCB plans

This role is best suited for candidates who look to learn and expand their knowledge understanding of Consumer and Community Banking products and lines of business (Consumer Banking, J.P. Morgan Wealth Management, Business Banking, Home Lending, Card Services and Auto)

This role provides unique opportunity to work on a large scale regulatory deliverable for Consumer and Community Banking. 

Required Qualifications, Skills, and Capabilities: 

  • 2 years of relevant experience with a comparable financial services company
  • Bachelor's Degree
  • Knowledge of consumer businesses (Consumer Banking, Business Banking, Home Lending, Credit Card, Auto), operations, financial infrastructure, risk management and legal & regulatory governance structures
  • Sound quantitative and qualitative analytical skills; ability to synthesize data from many sources, design and draw persuasive conclusions 
  • Strong communication skills 
  • Ability to work in a fast-paced dynamic environment

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$171k-225k (estimate)

POST DATE

05/11/2024

EXPIRATION DATE

07/10/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

Related Companies
About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran. More
Show less

Show more
Show more