Investment Banking à United States

Join our External Reporting team within the Capital Reporting Regulatory department of Finance, a service-oriented business comprised of specialized individuals with expertise in understanding, managing, and delivering financial information to regulators.

As a Regulatory Capital External Reporting Associate, you will interact with multiple lines of business and stakeholders, continuously learning within the Regulatory Capital Reporting space. Your responsibilities include liaising with teams such as the Statutory Accounts team, FINREP team, line of business finance teams, Operations, Treasury, Audit, and Legal Entity Control teams, as well as handling ad-hoc requests from External Audit and Regulators. You will be responsible for reconciling regulatory returns across capital reporting and submitting them quarterly. This role focuses on external reporting; internal reporting on a daily or weekly basis is not expected.

1. Preparing quarterly and biannual returns for UK solo regulated entities and their UK consolidation groups.
2. Producing quarterly IFPR regime MIF returns for three UK entities, calculating K factors and capital requirements, preparing management packs, and submitting final returns to the FCA. Producing quarterly COREP regulatory returns covering CA1-4 (Own funds, Risk-weighted Assets, Capital Ratios, Capital Deductions) and C16-17 (Operational risk and losses). Interpreting published statutory accounts and financial returns to compute own fund calculations.
3. Preparing resubmission packs following yearly statutory accounts, assisting in resubmission processes, sign-off meetings, and variance analysis.
4. Analyzing and challenging regulatory capital drivers and variances, liaising with reporting teams, and providing commentary.
5. Maintaining control standards in line with firm-wide and local controls regarding User Tools, adjustments, and data/architecture issues tracking.
6. Understanding reporting model infrastructure and implementing streamlined, efficient reporting processes.
7. Participating in non-BAU tasks, including projects and policy matters affecting capital requirements.
8. Addressing internal and external audit requests, as well as regulator inquiries.
9. Partnering with the Projects team for system-related changes.

• Degree qualification, accountancy qualification, or equivalent experience in Financial Services.
• Familiarity with current Capital regulations and reporting requirements (COREP / IFPR).
• Knowledge of accounting, reconciliation, and finance within a Regulatory environment.
• Strong interpersonal and teamwork skills.
• Self-motivated with minimal supervision.
• Analytical and problem-solving skills.
• Flexibility to work under pressure and meet deadlines.
• Effective communication skills at all levels.
• High attention to detail.

• Experience with Axiom.
• Knowledge of Alteryx.
• Familiarity with FRTB rules and Basel 3.1 changes.

J.P. Morgan's Commercial & Investment Bank is a global leader in banking, markets, securities services, and payments, serving clients in over 100 countries with strategic advice, capital raising, risk management, and liquidity extension.