As part of Risk Management & 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 judgment to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management & Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class. The Risk Controllers 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 allowance for credit losses governance and framework as well as the calculation of the wholesale allowance for credit losses. The team is expected to deliver insightful, high-quality analytics to senior stakeholders across Risk Management & Compliance and the Office of the Chief Financial Officer (CFO) to enable well informed decision making. As a member of the Firmwide Allowance Controllers team your job will be to steer integrity and reporting of the allowance for credit losses (ACL) across the Firm\'s wholesale portfolios under both the US GAAP Current Expected Credit Loss (CECL) standard and International Financial Reporting Standard (IFRS). This position requires a candidate who has or will develop knowledge and technical expertise of the credit loss estimation processes including the required governance and internal controls over these processes. Job responsibilities

• Play a significant role in ensuring the integrity of the wholesale allowance results that are disclosed externally and providing insightful analyses to senior management
• Provide credible review and challenge of macroeconomic scenarios used for CECL & IFRS 9 allowance estimates
• Develop and document rationale for the probability of range of macroeconomic outcomes, reflecting executive management feedback
• Engage in rapid, ad hoc analysis of allowance impacts for questions related to alternative scenario "what-ifs" - often shared with executive management
• Actively participate in review and challenge of the firm\'s range of forecasted economic scenarios, including the central case and several hypothetical downside scenarios
• Analyze output of credit loss forecasting model in context of changes in the macroeconomic environment
• Validate certain external disclosed information for reasonableness and accuracy related to Allowance for Credit Losses

Required qualifications, capabilities, and skills

• Bachelor\'s degree in Business, Finance, Accounting, or related subject matter
• Minimum 5+ years of experience, preferably with a risk management, controls, or data analytics background
• Experience with Allowance for Credit Losses (ACL)
• 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
• Excellent desktop skills including Microsoft Excel, PowerPoint, and other Office applications

Preferred qualifications, capabilities, and skills

• Experience with Intelligent Solutions (Alteryx, Tableau) is helpful but not required

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. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment. As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm\'s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm\'s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. Equal Opportunity Employer/Disability/Veterans Base Pay/Salary
Brooklyn,NY $119,000.00 - $180,000.00 / year