What are the responsibilities and job description for the External Financial Reporting Analyst position at JPMorgan Chase?
The Firmwide Regulatory Reporting & Analysis (FRRA) team is responsible for the design, implementation and execution of end-to-end processes supporting U.S. Regulatory Reporting including Consolidated, Capital, Standalone and CCAR/DFAST/ICAAP reporting, along with Regulatory Reporting training and regulatory exam management. Additionally, FRRA drives broader strategic initiatives across external reporting including accountability, error and issue management, manual adjustments, variance analysis, quality assurance and the target U.S. Regulatory Reporting platform.
The External Reporting Team is responsible for the following:
- Preparation and oversight of selected footnotes and disclosures for inclusion in the consolidated quarterly financial statements (10-Q/10-K) for JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A., as well as other regulator filings such as the Call Report and FR Y-9C
- Sourcing, consolidating, analyzing, validating and reporting financial data while adhering to internal control and documentation standards.
- Continuing to enhance the controls and efficiency over financial reporting processes, which may include the identification and resolution of issues/errors, tracking and resolution of data quality issues and process improvements to reduce cycle time.
The Analyst role requires the individual to:
- Participate in and oversee various aspects of the production and review of monthly, quarterly, semi-annual, and annual reports filed with various regulatory agencies. Consolidate, review, and analyze quarterly financial data for accuracy and completeness.
- Perform quarter-over-quarter variance analysis and review.
- Develop and implement control procedures and edit checks to ensure the integrity of reported financial results.
- Help identify gaps in current reporting process and participate in the implementation of new controls and strategic solutions.
- Develop control procedures to ensure accurate reconciliation between regulatory filings
- Maintain familiarity of accounting pronouncements and disclosure requirements. Participate on firm wide teams to implement new accounting disclosures.
- Establishing and managing relationships, partnership and dialogue with stakeholders.
- Extended working hours will be required during peak periods including some weekends.
Candidate Requirements:
- 1 years in a Finance organization with exposure to accounting, financial statements, and/or regulatory reporting
- Bachelor's degree in Accounting or Finance preferred
- Strong time management, problem solving, written and oral communication skills
- Team player, with ability to work effectively across diverse functions, locations and businesses
- Excellent Excel and computer skills
- Experience in Product Control, Financial Control or knowledge of SEC or US Regulatory Reporting a plus
