Associate/Sr AnalystCentral Challenger CCB/CB/AWM Pillar - Model Risk Governance and Review

JPMorgan Chase & Co.
Experience : 3 Years
Education : BE/B.Tech, BSc, MBA/PGDM, B.Com
Location : Bangalore
Job Role : Others
Posted on 12 Jun 19
Job DescriptionLast Date 11 Aug 19
Associate/Sr Analyst_Central Challenger (CCB/CB/AWM Pillar) - Model Risk Governance and Review

Job Category: Accounting/Finance/Audit/Risk

Job Summary:
  • The primary role is to review implementation accuracy and conceptual soundness of financial calculations implemented in User tool (UT) (i.e. MS Excel, MS Access, VBA, R, Python, Eview, etc.).  
  • Ability to think critically, take ownership of the review process and communicate effectively (both spoken and written) are critical to this role.  
  • Specialized roles may require fluency in statistics and research skills. 
  • The reviews will be performed across all lines of businesses and corporate functions, covering high priority areas such as
  • CCAR/DFAST (FR Y14A/Q/M) and internal stress testing
  • Resolution& Recovery
  • Budget Forecasting Processes
  • Regulatory Capital/RWA reporting for Basel (FFIEC 101/102)
  • External financial reporting (e.g. 10K/10Q, Footnote disclosures, Call Report and FR Y-9C)

Core Responsibilities:  
  • Review and challenge financial calculations in various UTs /applications in high priority areas
  • Understand methodology used in the financial calculations and its broader impact / contribution to the firm’s overall finance / risk framework
  • Evaluate appropriateness of the assumptions and methodology utilized in the UTs/ applications and identify the errors and potential improvements in the calculation processes
  • Document the findings and socialize the findings with relevant stakeholders
  • Perform peer-reviews for quality assurance purposes
  • Assist in review planning, scheduling, tracking and reporting as needed
  • Partner with other review functions on high priority reviews and ad hoc requests
  • Stay abreast of regulatory and industry developments pertaining to finance / risk / accounting

Qualifications and Skills
  • Graduate degree in finance, accounting, economics or MBA (undergraduate in a quantitative discipline such as Mathematics, Statistics, Engineering, or related quantitative field highly desired)
  • 3-6 years of experience in banking / financial services industry preferably in risk reporting domain
  • Experience and strong knowledge in regulatory capital rules (Basel, CCAR, FR Y-9C)
  • The candidate must be a self-starter who is able to work in a fast paced, results driven environment
  • Strong quantitative, analytical, and problem solving skills
  • Strong Excel skills required (VBA / SQL is a plus),proficient in MS Office
  • Outstanding presentation, reporting and communication skills
  • Strong organizational, communication (verbal and written) and negotiation skills
  • Risk Management and Control mind-set (ability to identify control gaps and/or issues)
  • Inquisitive and intellectually curious, has extreme attention to detail

Qualifications considered an additional plus:
  • Certifications such as FRM, CFA, etc.
  • Experience with various models, including pricing, capital, and/or financial forecasting models

Location: Bangalore East, KA, IN
Job Type : Full Time
Interview Type : Face to Face Interview
Company Description
J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.