What are the responsibilities and job description for the Product Control - Credit Sr. Associate position at JPMorgan Chase?
Take the next step in your career by joining the team that supports External reporting, Balance sheet, & Risk Weighted Assets review.
As an External Reporting Controller Associate within our Finance organization, you will be responsible for the timely and accurate regulatory submissions for the Line of Business (LoB). You will also be responsible for monitoring balance sheet, capital, Risk Weighted Assets review (RWA)/forecast.
Job Responsibilities
- Oversee and be accountable for the quality of the Regulatory Reporting disclosures of the Business
- Interact with product controllers teams, coordinate effort and consolidate information required for Regulatory disclosures
- Review RWA for different risk stripes in Credit and Market risk.
- Provide guidance on accounting for products, liaising with Accounting Policy group where appropriate and ensuring compliance with Corporate Regulatory requirements
- Provide analytical support for optimising balance sheet and capital usage for the lines of businesses
- Monitor the LoBs Balance Sheet from a net funding usage and from Basel 3 liquidity ratios perspective
- Collect external disclosures from regional product controllers; consolidating data, performing consistency checks for analytical review.
- Work with the business to ensure that they fully understand developments in Regulatory framework and priorities, i.e. changes to the Capital framework, the impact of Risk Weighted Assets, revenue recognition on new deals.
Required qualifications, capabilities, and skills
- Good understanding of accounting, financial statements, product and risk
- Advanced excel skills
- Capacity to summarise complex information and deliver it at business executive level
- Good presentation skills
- Good relationship building skills and comfortable with business contact
- Positive can-do attitude looking to add value across the breadth of the business
- 5 years in a Finance organization with exposure to accounting, financial statements, regulatory reporting and financial products
