Global Program Management - Regulatory Business Analyst - Associate

J.P. MORGAN-1; London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading financial services company seeks a FRTB Regulatory Business Analyst Associate to join their International Regulatory Projects team. This role involves implementing the FRTB rules, coordinating with various teams, and ensuring compliance with market risk regulations. Ideal candidates will exhibit strong analytical capabilities and a solution-oriented mindset while navigating complex regulatory landscapes.

Qualifications

• Working knowledge of FRTB and/or other Market Risk regulations.
• Strong ability to work with large, complex data sets.
• Experience with Regulatory vendor systems and Project management tools.

Responsibilities

• Review Local Regulatory policy documentation regarding FRTB.
• Conduct Business Analysis and support FRTB rules integration.
• Perform end to end testing and develop SOP models for reporting.

Skills

Business Analysis

Project Management

Problem Solving

Regulatory Knowledge

Agile Methodology

Data Analysis

Education

ACA (or equivalent) qualification

Tools

Axiom/Adenza

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 of Finance 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.

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.