Job Description

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As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class

The Risk Controller team is responsible for the integrity and validity of the risk data disclosed in the Firm's external financial reporting, inclusive of quarterly earnings presentations, 10Q/K and stand-alone legal entity financial statements. The team is also responsible for the firmwide loan loss reserve governance and framework as well as the calculation of the wholesale loan loss reserve. The team is expected to deliver insightful, high quality analytics to senior stakeholders across Risk Management & Compliance and the Office of the CFO to enable well informed decision making.

As a leader within the Wholesale Allowance and Firmwide Governance team your job will be to drive integrity and reporting of the allowance for credit losses (ACL) across the Firm's Wholesale portfolios under both the Current Expected Credit Losses (CECL) guidance in US GAAP and International Financial Reporting Standards (IFRS 9, Financial Instruments).

This position requires a candidate who has or will develop deep knowledge and technical expertise of the credit loss estimation processes including the required governance and internal controls over these processes. With this expertise you will have the opportunity to:

• Provide leadership and direction to junior resources responsible for quarterly analyses, challenge and validation, as well as controls execution supporting JPMC wholesale allowance for credit losses reporting and disclosure, including in support of earnings release materials and SEC filings.
• Manage the monitoring processes to evaluate portfolio changes through the quarter end reporting date, including adjustments to ACL estimates where appropriate.
• Provide quarterly wholesale ACL results analysis and support fulfillment of requests, both ad hoc and as part of formal exams, of the US banking regulators, including the FRB, OCC and FDIC, as well as support requests and reviews for non-US, local regulatory bodies related to IFRS 9 (e.g., European Central Bank on-site inspections).
• Engage with and support efforts of internal and external audit teams to support their quarterly reviews and annual audit procedures.
• Build rapport with Line of Business Credit Risk executives to promote a thorough understanding of portfolio changes and credit risk developments, and leverage wholesale ACL tools in support of ad hoc requests, e.g., pricing of new deals in pipeline.
• Partner with technology in the provision of business requirements to support strategic initiatives including best in class functionality to promote thorough analysis and sustain analytical requirements.
• Work with local leadership to establish a Wholesale Allowance and Firmwide Governance team presence in Bengaluru
• Take advantage of working in a hybrid environment (60% office /40% remote) enjoying in-office collaboration and the flexibility to work remote.

Minimum Skills, Experience and Qualifications

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

Experience:

• Bachelor's degree
• 10+ years of relevant experience within the financial services industry, preferably within the banking sector
• Exposure to analytical methodologies and modeling frameworks for credit risk measurement preferred
• Experience in understanding, interpreting, and implementing regulatory requirements including governance on a global level
• Excellent written and oral communication skills with strong executive presence and judgment to gain credibility and respect amongst senior stakeholders
• Excellent conflict resolution skills and interpersonal skills
• Strong leadership and management skills with a proven ability to build and lead high performing teams
• Excellent desktop skills including Microsoft Excel, PowerPoint and other Office application

Additional Skills, Experience and Qualifications

The following additional items will be considered but are not required for this role:

• Experience with Intelligent Solutions (Alteryx; Tableau; Qlik sense) is helpful but not required.

About Us:

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team:

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.