Capital Risk Lead - Vice President

JPMorgan Chase

3.3

(115)

Brooklyn, NY

Why you should apply for a job to JPMorgan Chase:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

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    Position summary

    r the firm's Capital Governance Framework and review of implementation guidance and testing of Basel RWA calcs.

    As a Capital Risk Policy (CRP) Vice President, you will join our team as a structured finance / Basel securitization subject matter expert (SME), where you will play a critical role in enabling sustainable business growth through effective risk identification, mitigation and management. You will provide SME support to the Chief Risk Officer for the Chief Investment Office, Global Treasury and Corporate to monitor and manage risks to the firm's regulatory capital. Your expertise in structured finance transactions and regulatory capital requirements, combined with strong communication and collaboration skills, will be essential to support the Risk Management and Compliance (RM&C) strategic objectives while maintaining robust risk management standards within the firm's Capital Governance Framework.

    Job Responsibilities

    • Lead CRP's independent 2nd line oversight and review of the firm's key regulatory capital rule interpretations and implementation as it relates to structured finance and credit risk transfer transactions

    • Participate in key capital governance working groups and committees, deep-dive reviews of the firm's structured financing businesses and engagement with our regulators through periodic meetings and exams.

    • Serve as the SME to provide effective challenge of the firm's capital policy function on how the regulatory capital rules apply to complex structured finance products and transactions in context of the current (Basel III) and prospective securitization capital rule included in the Basel III Endgame.

    • Collaborate across multiple business functions including first line business product specialists, structurers and product control teams, Capital and Liquidity Policy (C&LP), LOB Finance, LOB Risk Management, External Reporting, Model Development and Review, Technology and Operations and Audit teams.

    Required Qualifications, Capabilities and Skills

    • A bachelor's degree in finance, economics, business, or a related field

    • Minimum 10 years of experience in the financial services industry, particularly in risk management or asset-based lending

    • Strong ability to analyze complex structured finance products and transactions to deliver high quality, commercially sound and rules-based regulatory capital analysis to facilitate your independent conclusion on the applicable rule and appropriate capital treatment

    • Strong ability to translate bank regulatory capital rules into simple, clear requirements that can be easily understood and applied in performing independent regulatory analysis and reviews

    • Experience reviewing compliance with regulations and effectively engage with senior leadership and cross-functional teams

    • Practical experience should include one or more of the following aspects: regulatory capital policy, risk management, finance, accounting policy, or audit

    • Excellent interpersonal and communication skills (both written and oral)

    Preferred Qualifications, Capabilities and Skills

    • Advanced degrees or certifications (e.g., CFA, FRM)

    • Experience working in a 2nd line review function in a leading bank or in a Big Four accounting firm

    • Background in credit risk or structuring

    • Experience interacting with bank regulatory agencies

    ABOUT US

    JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.

    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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

    JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

    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.

    Why you should apply for a job to JPMorgan Chase:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.