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Jpmorgan & Co

Payments CCAR- Associate

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  • Posted 5 days ago
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Job Description

Job Description

As a strategic thinker passionate about driving solutions in financial analysis, you have found the right team.

As a Financial Analyst within our Finance team, you will be a strategic thinker passionate about promoting solutions in financial analysis. You will spend each day defining, refining, and delivering set goals for our firm. You will assist in managing the annual CCAR filing for Payments and deliver quarterly internal Risk Appetite stress results. Additionally, you will manage the budget and forecasting models for Merchant Services and Treasury Services, focusing on Revenue and Balance Sheet. You will perform variance analysis of budget versus actual results to identify promoters that require model calibrations. Furthermore, you will support OPM valuation and audit requirements as needed.

Job Responsibilities

  • Support the execution of the annual CCAR, quarterly Risk Appetite stress testing exercises, and associated deliverables
  • Perform detailed variance analysis to understand stressed financials and drivers behind cycle-over-cycle variances
  • Partner with various Payments P&A, Business Manager and Central P&A teams to complete the stress testing submissions
  • Perform reconciliations of stress results and maintain a strong set of controls to ensure submissions are complete and accurate
  • Produce high quality presentations for CIB senior management explaining results and drivers in a clear and concise manner
  • Support initiatives to continually enhance the various processes run by the team
  • Support the execution of Merchant Services revenue budget process during each cycle
  • Support the execution of Merchant Services monthly forecast update for NII and Balance Sheet

Required Qualifications, Capabilities, And Skills

  • Minimum 4 years of experience in the financial services industry with a top-tier bank
  • Bachelor's or Master's degree
  • Strong analytical, problem solving and time management skills in a fast-paced environment to meet deadlines under pressure
  • Working knowledge of Payments-type products and the financial market, with the ability to grasp technical details
  • Strong written communication and interpersonal skills with the ability to interact with colleagues at all levels
  • Technologically savvy with an ability to understand systems and their internal functionality
  • Strong Microsoft Office skills (primarily Excel / PowerPoint)

ABOUT US

JPMorganChase, 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. We also make reasonable accommodations for applicants and employees religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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Job ID: 145128917

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