Wholesale Credit Risk RWA BM&A - AFS/HTM - Associate

at JPMorgan Chase in Newark, Delaware, United States

Job Description

The Basel Measurement and Analytics (BM&A) Team within the CIO Treasury function is responsible for partnering with JPMC functions, including Capital Management, Risk Management, Quantitative Risk, Risk Reporting, and the LOBs to establish control and govern best practices and accountability for the Regulatory Capital process. BM&A is responsible for producing firm-wide capital results on a monthly basis and oversees the implementation and reporting infrastructure for Basel 3 and other Capital-related requirements such as CCAR, Supplementary Leverage Ratio (SLR), Numerator, TLAC, etc. Furthermore, the team manages the Quantitative Impact Studies (QIS) for regulators and responds to senior management inquiries on capital-related matters.

The BM&A Associate position interfaces with LOB controllers to support the computation and analysis of risk-weighted assets (RWA) for the Available-for-sale (AFS) portfolio, Resolution & Recovery, and potentially other Wholesale Credit Risk products. The candidate will be responsible for producing RWA under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and Credit Officers to determine variance drivers such as portfolio changes, policy updates and capital treatment. The candidate will manage the adjustment process and be owner of data issue identification, tracking and resolution.



+ Bachelor Degree required; Finance, Economics major preferred; advanced degree a plus


+ 3-5 years of treasury, financial or regulatory reporting experience at a large financial institution

+ Experience in credit risk management and reporting

+ Experience in a production or operations environment preferred

+ Experience in project management preferred

+ Experience with Basel regulatory capital rules preferred

+ Experience driving large initiatives across multiple functional groups


+ Strong problem solving and analytical skills, able to work independently

+ Self-motivated individual who seeks a challenging role and can work independently

+ Strong communication skills and relationship-building skills

+ Excellent organizational skills and control focus

+ Ability to work well under pressure

+ Superior attention to detail and process-orientation

+ Expert in Microsoft Access and Excel required

+ Knowledge of Basel III rules a plus

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.

Equal Opportunity Employer/Disability/Veterans

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Job Posting: JC191080815

Posted On: Aug 28, 2021

Updated On: Oct 17, 2021