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 andexecution to meetTitle I, Insured Depository Institution (IDI) and Recovery Plan submission deliverables.Asan External Reporting Controller, Associate on the Consumer and Community Banking Resolution & Recovery team, you will drive the Resolution and Recovery agenda andsupport all aspects of planning, execution, and new requirements. You willwork with Consumer & Community Banking (CCB) deliverable owners (including Resolution Plan Owners across Controllers, FP&A,Technology, Operations, Critical Operations and Object of Sale Leads), Firmwide Resolution & Recovery Teams, Consumer & Community Banking (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, . 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 (., 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 . 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 analysisUnderstand business changes, determine impact on the various components of the plans and update as necessaryProactivelyhost discussions to resolve issuesAssess risks and escalate issues, as appropriateSupport Quality Control review of the CCB plansThis role is best suitedfor candidateswho look to learn and expand their knowledge understanding of Consumer and Community Banking products and lines of business (Consumer Banking, . Morgan Wealth Management, Business Banking, Home Lending, Card Services and Auto)This role provides unique opportunity towork 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 companyBachelor's DegreeKnowledge of consumer businesses (Consumer Banking, Business Banking, Home Lending, Credit Card, Auto), operations, financial infrastructure, risk management and legal & regulatory governance structuresSound quantitative and qualitative analytical skills; ability to synthesize data from many sources, design and draw persuasive conclusionsStrong communication skillsAbility towork in a fast-paced dynamic environment
Full-time- ID: #53016781
- State: New Jersey Jerseycity 07097 Jerseycity USA
- City: Jerseycity
- Salary: USD TBD TBD
- Showed: 2024-12-06
- Deadline: 2025-02-04
- Category: Et cetera