Regulatory Reporting Quality Assurance Vice President

London, United Kingdom

Job Description


:

The Quality Assurance team consists of 4 people and sits within the wider Controls team in Finance. The team is responsible for providing assurance over the capital calculations of the UK and EU regulated entities under the CRR (Capital Requirements Regulation) and IFPR (Investment Firm Prudential Regime). Working alongside the Reporting, Capital Product and Capital Policy teams, the Quality Assurance team performs targeted reviews to substantively test the existing regulatory implementations. Topics in scope include RWA, Leverage and Large Exposure calculations, as well as IFPR calculations.

As a Regulatory Reporting Quality Assurance Vice President in the Regulatory Reporting Quality Assurance team, you will be responsible for various projects to perform targeted reviews on regulatory calculations and related disclosures. This will involve reviewing the relevant regulation, business requirements, and operating models. You will utilise Excel / Alteryx to recreate calculations independently and perform substantive testing. At the conclusion of the review, you will write and present detailed reports of findings to senior management, including impact assessments and recommendations for remediation plans

Job Responsibilities

  • Works independently on 1-4 month projects to perform targeted reviews on regulatory calculations and related disclosures.
  • Assists the Reporting team with the implementation of remediation plans and / or other projects where required
  • Work with the Capital Product team to review the requirements for upcoming regulatory implementations, including future regulation
  • Tracks regulatory reporting publications, EBA Q&A\'s and form reporting interpretations where required by the Reporting team
Required Qualifications, Capabilities and Skills:
  • Familiarity with large parts of the regulatory rules (CRR/CRR2/3) and reporting requirements (COREP) under the UK / EU regulation
  • Proficiency in Microsoft Office - Excel, Outlook, Word and PowerPoint
  • Degree qualification and either accountancy qualification or qualification by experience within Financial Services industry
  • Good understanding of investment banking products including derivatives / security financing transactions and banking products (deposits, loans, credit facilities)
  • Self-motivated and ability to work independently; focused on execution skills and the ability to deliver results even through challenges
  • Ability to communicate effectively and build relationships across teams
  • Ability to critically review and challenge numbers with strong analytical skills; flexibility to work under pressure to meet changing work requirements
Preferred Qualifications, Capabilities and Skills (not essential):
  • Knowledge of the IFPR regulatory rules and reporting requirements
  • Experience using Alteryx to build complicated solutions with large datasets
About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world\'s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

About the Team: Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we\'re setting our businesses, clients, customers and employees up for success.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3024091
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned