VP, Firmwide Credit Cost & Allowance Controller

JPMorgan Chase & Co.

New York (NY)

On-site

USD 120,000 - 180,000

Full time

14 days+
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Job summary

JPMorgan Chase & Co. in New York seeks an experienced finance professional to join Risk Management & Compliance, focusing on credit loss allowances and CECL compliance.

You will consolidate costs, produce executive-level materials, and collaborate with FESA and various Lines of Business to strengthen governance and reporting accuracy. The role demands strong analytical skills, communication to senior audiences, and a proactive, independent work style to drive improvements across the firmwide

Qualifications

  • 6+ years of experience in Finance, Accounting, or related fields.
  • Strong analytical and problem-solving skills with attention to detail.
  • Experience with CECL accounting standard for credit losses.
  • Excellent written and verbal communication for senior audiences.
  • Ability to work under pressure with high-quality deliverables.
  • Strong organizational and project management skills.

Responsibilities

  • Support consolidation of allowance and credit costs across Consumer and Wholesale lines and contribute to executive-level presentations.
  • Create and maintain documentation and controls for firmwide allowance deliverables.
  • Write commentary explaining drivers for internal management reports, including credit costs outlook.
  • Collaborate with FESA to understand scenario narratives and macroeconomic forecasts.
  • Support delivery of Firmwide Credit Cost budget and forecast, including net charge-offs.
  • Consolidate and analyze financial results to provide actionable insights to the Risk CFO.
  • Contribute to CECL scenario weights assessment and governance framework alignment with auditors and regulators.
  • Identify areas for improvement and apply best practices in the firmwide allowance process and governance framework.
  • Act as trusted advisor to stakeholders across the firm including Investor Relations, SEC Reporting, Loss Forecasting, Controllers, Firmwide Economic Scenarios & Analytics (FESA), Lines of Business, and colleagues within Risk Management & Compliance.

Skills

CECL knowledge
Analytical skills
Communication skills
Project management
Problem solving
Financial reporting

Job description

JPMorgan Chase & Co. in New York seeks an experienced finance professional to join Risk Management & Compliance, focusing on credit loss allowances and CECL compliance.

You will consolidate costs, produce executive-level materials, and collaborate with FESA and various Lines of Business to strengthen governance and reporting accuracy. The role demands strong analytical skills, communication to senior audiences, and a proactive, independent work style to drive improvements across the firmwide

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