Global Program Management - Regulatory Business Analyst – Associate

J.P. MORGAN; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

J.P. Morgan is seeking a FRTB Regulatory Business Analyst Associate in London to lead regulatory compliance efforts for the Fundamental Review of the Trading Book. This role entails business analysis, project management, and ensuring the effective integration of new market risk regulations as they approach implementation in January 2027. The ideal candidate will thrive in an agile environment and possess a robust understanding of market risk and regulatory frameworks.

Qualifications

• Knowledge of FRTB and other Market Risk regulations.
• Experience with large data sets in Waterfall and Agile methodologies.
• Ability to manage tight deadlines while multi-tasking.

Responsibilities

• Support integration of FRTB rules into JPM Reg platforms.
• Conduct end-to-end testing and develop SOP models for reporting.
• Maintain relationships with Risk, Finance, and Technology teams.

Skills

Business Analysis

Project Management

Regulatory Knowledge

Problem Solving

Agile Methodology

Education

ACA or equivalent qualification

Tools

Visio

Jira

SharePoint

Alteryx

Job description

Join our International Regulatory Projects team within Global Program Management to lead the implementation of the UK and EU Fundamental Review of the Trading Book (FRTB) rules. As part of this dynamic team, you will play a pivotal role in shaping the future of market risk capital regulation, driving reporting requirements analysis, development, and end-to-end testing for the FRTB program. Be at the forefront of regulatory change and make a significant impact as we prepare for the new Market Risk Capital regulation set to go live by January 2027.

As a FRTB Regulatory Business Analyst Associate within the Global Program Management team, you will be responsible for partnering with Firmwide Market Risk teams including Quantitative Research and Market Risk Technology as well as Product Control, Legal Entity Control and Finance and Risk technology teams to meet the upcoming Jan 2027 FRTB implementation date. We are looking for a solution-oriented, and customer-focused analyst, used to working in an agile environment who want to be a part of building something new from the ground up within a diverse and inclusive team. Culture is as important to us and we are looking for intellectually curious, new technology passionate individual who would like to expand their skills whilst working on a new exciting deliverable for the firm.

Job Responsibilities

• Review Local Regulatory policy documentation as related to FRTB and understanding divergence from BCBS.
• Be responsible for Business Analysis and Project Management to support Integration of the FRTB rules and requirements into JPM Reg platforms covering data sourcing and mapping, technical market risk development requirements and integration into last mile reporting templates.
• Test approach and End to end testing (UAT).
• Develop and document end to end SOP model to support new reporting.
• Work with Project Manager to provide inputs into Working Groups, Project plans, RAIDs, Scorecards and senior management updates
• Ensure relationship is maintained with teams across Risk, Finance, Front office and Technology to ensure delivery of the FRTB deliverables.
• Provide regular updates to senior stakeholders through status updates and scorecards.

Required qualifications, capabilities, and skills

• Working knowledge of FRTB and/or other Market Risk regulations and an understanding ofFinance and Market Risk functions especially with regards to the role they play within Regulatory reporting.
• Strong Business Analysis skill set working with large and complex data sets developed on projects operating within a Waterfall and Agile Project Life Cycle.
• Experience using Regulatory vendor systems and Project management tools
• Ability to multi-task and balance multiple priorities, work under pressure and manage tight deadlines.
• Self-motivated, demonstrate initiative, innovation, and solid problem solving skills. Confidence to drive issues through to completion often working to tight deadlines.

Preferred qualifications, capabilities, and skills

• Practical user experience of Reg Vendor platform Axiom/Adenza
• Experience with Visio, Jira, SharePoint, and/or Alteryx.
• ACA (or equivalent) qualification.