Capital Management

JOB DESCRIPTION

You are a strategic thinker passionate about driving solutions in Capital Management. You have found the right team.

As an Associate - Capital Management & Strategy within the EMEA Capital Management and Strategy team, you will play a key role in ensuring that the firm complies with its prudential regulatory obligations. You will be responsible for managing the RWA Stress testing requirements for UK entities end-to-end, coordinating and managing the delivery of the ICAAP, and critically reviewing risk model methodologies, among other tasks. You will also be collaborating with internal stakeholders in Risk, Finance, Treasury, and business lines.

Job Responsibilities:

• Embrace a role that offers a balanced mix of projects and business-as-usual activities, providing the right level of challenge and opportunity for growth. Develop a comprehensive understanding of regulatory requirements related to capital adequacy, including ICAAP, ICARA, regulatory reporting, and recovery and resolution.
• Collaborate with internal stakeholders in Risk, Finance, Treasury, and business lines, gaining the opportunity to deepen your understanding of the Pillar 2/ICAAP framework.
• Manage the RWA stress testing requirements for UK entities end-to-end, leveraging experience in forecasting, ratio analysis, dividend planning, and more.
• Demonstrate strong organizational and teamwork skills, working closely with the wider team to compile succinct updates that are reflected in professional materials for various governance forums.
• Effectively partner and establish relationships across lines of business, functions, and levels to execute initiatives that contribute to working groups and EMEA Capital Management and Strategy.
• Leverage individual with a strong inclination towards automation to support finance domain initiatives

Required qualifications, capabilities, and skills:

• Co-ordinate and manage the delivery of the ICAAP, including systems and reports for key UK legal entities.
• Co-ordinate and own the capital forecasts, stress testing assessments and where applicable, internal Pillar 2 assessments of risks.
• Co-ordinate and manage the delivery of the Risk appetite framework and reports for key UK legal entities, including submission of external returns like PRA111, PRA102 to the regulators.
• Critically review risk model methodologies, stress testing framework, policy and procedures to ensure compliance with internal controls and regulatory requirements.
• Review and challenge business decisions, growth plans from a capital perspective on an on-going basis. Along with, analyzing new business initiatives, regulatory impact from revisions to the capital requirement framework, regulatory reforms and permissions
• Ability to manage and take responsibility for own work, producing reliable, high-quality outputs to an agreed timeline. Good task management skills and ability to prioritize and work to tight deadlines.
• Ability to communicate clearly and have attention to detail, with the written and oral presentation skills to deliver clear messages for to the stakeholders across different functions and senior management and external parties.
• Experience in finance and proficiency in automation tools such as Python, Tableau, or Alteryx.

Preferred qualifications, capabilities, and skills:

• Chartered Accountant / MBA with minimum 6 years' experience preferably with financial services industry, with Capital forecasting and ICAAP/ICARA experience preferred. Outstanding written and verbal communication skills, including an ability to prepare executive level presentations.
• Ability to multi-task and work well under pressure, with an ability to be flexible in a dynamic and challenging environment with advanced Excel and PowerPoint skills required. Knowledge of the investment banking industry, products and business lines. Any experience in EU / PRA regulatory reporting involving Basel/CRR regulations or Pillar 2 / ICAAP framework will be beneficial but not essential.
• Hands-on expertise with advanced analytics platforms like Databricks/Python/Tableau and a proven track record of driving automation in financial processes. Strong communication skills to lead the forums confidently with senior stakeholders from Risk, Finance and Treasury. Good experience in setting up and running successful governance forums.
• Teamwork skills - Candidate must be flexible in work style and have the ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.