Bank Controllers, Accounting Policy, And Reporting - Senior Associate

OVERVIEW :

The Bank Controller, Accounting Policy & Reporting Team within Corporate Finance is dedicated to supporting the JPMCB and broader Legal Entity end to end agenda in alignment with the Firm's and Finance's strategic control priorities, ensuring accurate reporting and accounting, consistent with GAAP and regulatory requirements. Responsibilities include: Governance and oversight for the integrity and accuracy of the JPMCB, and firmwide financial results; Developing and reviewing LOB level planning and forecasting analyses for JPMCB; Working across functions on legal entity level operating and strategic issues; Supporting the JPMCB board; Designing, implementing and overseeing an end to end, Firmwide, Reg W governance oversight framework; Defining, establishing and implementing a Firmwide LE simplification strategy and execution framework; Sponsoring and driving execution of key Legal Entity related milestones (incl. selected projects within the Finance Risk Roadmap and Data Governance programs) , Maintaining strong working relationships with regulators, auditors and internal partners, and Policy management of inter-entity reorganizations, capital actions and affiliates support documents.

The Interentity Analysis Group (IAG)

Within Bank Controller, Accounting Policy & Reporting Team, IAG provides a controlled and structured review process for LOB and corporate transactions, and a resource for legal entity, financial, and policy expertise. IAG's policy and Legal Entity involvement includes:

• Ownership of the Legal Entity Reorganization and Capital Actions Policy, providing for review and approval of all Entity, Asset, and business reorganizations (Internal entity mergers, business moves, etc.) and capital actions (dividends and capital investments) among JPM entities.
• Ownership of the Legal Entity Affiliate Support Document Policy, providing for review and approval of all interentity guarantees and related support documents within the firm.
• Ownership of the Reg W Policy - responsible for the establishment of an appropriate Reg W Control environment and for management of applicable limits on 'Covered Transactions'.
• Ownership of the Firmwide Reg K Framework - responsible for the establishment of an appropriate Reg K control environment for the activities in Edge subs, other Reg K subs, Non-US Branches of JPMCB
• Required reviewer for all NBIAs globally, addressing Legal Entity, Regulatory, and other financial impacts for proposals across all LOBs.
• Engagement in the Firm's Legal Entity Strategy and Simplification Group. IAG advises all JPM Group businesses globally on the legal entity and related regulatory aspects of structuring and managing transactions and is an approver on all entity creation/dissolution proposals.
• Supporting the management of JPMC&Co, JPMCB, JPMC Holdings LLC and JPMIF on a standalone basis, IAG also focuses on legal entity connectedness and the overall relationships among JPM entities
• Overseeing certain activities within JPMC&Co (as a standalone entity) as a financial/bank holding company and operating company. IAG also focuses on legal entity connectedness and the overall relationships between JPMC&Co and its subsidiaries, including JPMCB.
• Preparation and delivery of explanatory presentations

IAG works closely with businesses and support groups in all regions - many initiatives have a global dimension and broad ramifications. To add value, IAG needs to understand the overall business and product contexts that it faces.

THE ROLE

This Associate role provides an opportunity to help deliver the Central Reg W Team agenda and to support the firm through engagement in, and review of, LOB sponsored transactions as they impact IAG's areas of focus. The role will involve interaction with Reg W stakeholders through active involvement in the review of global transactions. Working with senior IAG staff as part of the Central Reg W team, the role is to:

• Review and opine on LOB transactions - supporting the IAG Central Regulation W Team in the review, analysis, approval, and monitoring of complex LOB transactions and initiatives
• Monitor Quantitative limits and cash collateral relative to approved limits for new and renewed Reg W Covered transactions.
• Support IAG management in ensuring that ad-hoc and ongoing projects activity led by the Group is focused; and to support IAG managers in execution of the Group's deliverables for senior management.
• Proactively address stakeholder requirements and hold LOB's accountable for remediation of issues.
• Assess complex issues across legal entities, business lines, and functions to develop potential solutions in order to facilitate business.

The successful candidate will have exposure to senior LOB and departmental management, in doing so they will develop a broad subject matter expertise in IAG's areas of interest and responsibility and a deep knowledge of regulation, finance, product, and firm issues.

Qualifications:

• Educated to degree level, evidence of further professional education, and four to six years work experience.
• A demonstrated ability to drill down on issues and close them out. Enabled by an ability to devise solutions to the root cause of problems, thoughtful initiative, and attention to detail.
• Business knowledge, relationship management, and a willingness to explore the broader policy, reputation, precedent or business issues. An ability to "join the dots" across issues, products, policies, and regulations.
• Product or technical knowledge (e.g. Accounting / Legal / Compliance / Product Control). Awareness of key banking regulations is a plus (e.g. Reg K, Reg W, Reg Capital)
• Behavioural competencies include strong interpersonal, teamwork, and communication skills, self-reliance, creative thinking allied with an ability to interact positively with stakeholders.

JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Equal Opportunity Employer/Disability/Veterans