You are a strategic thinker passionate about driving solutions in Resolution Planning. You have found the right team.
As an Associate within the Commercial and Investment Bank Resolution & Recovery Team, you will be a crucial part of our global team stationed in New York, Bengaluru, and London. Your duties will encompass governance, oversight, and effective execution of resolution and recovery tasks related to the Commercial and Investment Bank. You will also liaise with stakeholders within the Commercial and Investment Bank to prepare responses to regulatory inquiries. Furthermore, you will supervise the submission of local resolution and recovery documents across Europe, Middle East and Africa, Asia-Pacific, and Latin America, and manage corresponding local regulatory interactions. In this role, you will have the chance to collaborate with various business lines and functional areas within the Commercial and Investment Bank to ensure the successful implementation of the resolution and recovery program.
Job Responsibilities:
- Review and facilitate financial and non-financial information to demonstrate the firm’s ongoing capabilities to generate information relevant to a resolution or recovery scenario (e.g., Balance Sheet, P&L, headcount, shared services, etc.)
- Coordinate the CIB contribution to the firmwide Recovery and Resolution Plans to be submitted to the firm’s key U.S. regulators, ensuring completion of regulatory priorities and timely delivery of requested information/reporting
- Work with the CIB R&R team on delivering multiple complex and ad-hoc regulatory reports to very tight deadlines, in cooperation with a wide set of stakeholders and contributors across the firm
- Develop a good understanding of regulatory policies and assess their impact; ensure that the related documentation is complete, accurate, and updated
- Prepare management reports, including scorecards and steering forum materials, and contribute to internal, control, and regulatory audits
- Build and maintain strong working relationships with stakeholders in different businesses and functions (e.g., Legal, Tax, Finance, Operations, Risk, Business managers/partners)
Required qualifications, capabilities, and skills:
- Education to degree level (or equivalent) in Economics or another relevant area
- Qualified accountant (CA, CPA, ACCA, ACA) / MBA / Masters in Finance / M.Com.
- Mini 5 years of work experience in Legal Entity Controls / Regulatory Reporting or relevant experience
- Very good understanding/experience of business processes in a financial institution and Corporate and Investment Bank Line of business
- Very good oral and written communication skills with the ability to work with senior management, auditors and regulators
- Excellent organizational and project management skills
- Strong team player with excellent partnering and influencing skills Good Microsoft PowerPoint and Excel knowledge
Preferred qualifications, capabilities and skills:
- Knowledge of Recovery & Resolution requirements is desirable
- High degree of pragmatism with a solution-oriented approach
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.
