JP Morgan Chase

Associate - Business Analyst

Location
Mumbai, Maharashtra, India
Salary
Competitive salary
Posted
28 May 2022
Closes
04 Jun 2022
Ref
210272409
Approved employers
Approved employer
Job role
Business analyst, CFO
Experience level
Part qualified
Job Description

About the Employer

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

Global Finance & Business Management ("GF&BM") India is a combined Line of Business-aligned (LOB-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions. The scale, depth & diversity of GF&BM India provides its employees extensive opportunities to learn and move within the organization, thereby gaining rich experience to build a long term career with the firm.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

The current opening is within the CIB Controllers - UK Regulatory Change team in Mumbai which forms part of the Corporate Investment Bank (CIB) LOB within GF&BM India.

About the Team

Corporate Investment Banking (CIB) Finance & Business Management India

Corporate Investment Banking (CIB) Finance & Business Management India is one of the first group to be set up in India in Global Finance and has since grown its presence across Mumbai & Bengaluru into a 800+ people organization. The group is accountable for diverse functional teams and has a significant footprint of the global Finance organization supporting Corporate Investment Banking business and regulators across all regions.

Over the years, the teams have continued to provide value add to the global finance organization through business insights, technical accounting skills, data analytics, technological enhancements and standardization across lines of business. The key focus areas in the immediate future are driving teams to adapt the skills of the future, digital transformation and enhance product & regulatory reporting framework.

UK Regulatory Change

The position is within the UK Regulatory Reporting team within Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to our regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.

The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority ("PRA"), Financial Conduct Authority ("FCA"), Bank of England and the Office of National Statistics. The reporting team within Regulatory Finance is split into two areas: the Capital Reporting team and the Financial Reporting team.

There is also a specialist team, UK Regulatory Change Management Team, responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.

There is also a specialist team, UK Regulatory Change Management Team, responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.

The UK Regulatory Change Management team is responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.

About the Role

Primary Responsibilities:
  • Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications for UK Regulatory platform including detailed Regulatory Calculations and Reporting Requirements for review and sign off by UK Regulatory Reporting Teams
  • Preparing detailed test cases and expected results
  • Performance of User Acceptance Testing and implementation plans
  • Regulatory SME support to technology teams. Providing review and sign off of Functional Specifications
  • Timely escalation of issues and risks to the Project Manager ensuring robust risk mitigation strategies


Desired Candidate Profile:
  • Strong interpersonal and team working skills
  • A self starter, motivated and able to work with minimal supervision
  • Demonstrate strong analytical and problem solving skills
  • Flexibility to work under pressure to meet changing work requirements and strict deadlines
  • Ability to communicate effectively both verbally and written - at all levels
  • Attention to detail
  • Preparation of Business Requirements and Functional Specification documents for PRA/ FCA Regulatory Capital and Bank of England calculations and reporting- Essential
  • Good understanding of the Project Lifecycle- Essential
  • Good knowledge of UK Regulatory PRA/ FCA & BoE- Essential
  • Change experience delivering Basel / Regulatory Reporting / CRD4 / COREP - Essential
  • Familiar with both Banking and Trading book investment products - Preferable
  • Proficiency in Microsoft Office - MS Excel , MS Access, Outlook, Word and PowerPoint - Essential
  • Part Qualified / Qualified Accountant with 6 to 8 years of experience.


Shift Timing: 1.30 to 10.30

About Us

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.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

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