Banking P&A Associate, CCAR Support
Are you ready to play a critical role in the Comprehensive Capital Analysis and Review (CCAR) process? We are seeking a dedicated Associate to join our team, ensuring the accuracy and compliance of financial models and stress tests. Collaborate with various teams to align models with regulatory standards and internal guidelines. This is your opportunity to contribute to the enhancement of CCAR methodologies and support regulatory submissions in a dynamic and collaborative environment.As a CCAR Support Associate within the Financial Compliance Team, you will play a crucial role in the Comprehensive Capital Analysis and Review process by ensuring the precision and adherence of financial models and stress tests. Your collaboration with diverse teams will be essential in aligning models with regulatory standards and internal guidelines. Your duties will encompass data analysis, aiding in regulatory submissions, and contributing to the improvement of CCAR methodologies.Job Responsibilities:
Assist in the development, validation, and maintenance of CCAR financial models.
Collaborate with the financial modeling group to ensure models meet regulatory and internal standards.
Gather and analyze data to support stress testing and scenario analysis.
Prepare and input model results for reporting to the Central Stress Testing team.
Support the preparation of documentation and narratives for regulatory submissions.
Ensure compliance of processes and models with federal regulatory standards.
Work closely with business, finance, and risk management teams to gather data and insights.
Assist in preparing presentations and reports for senior management and regulatory meetings.
Contribute to the continuous improvement of CCAR processes and methodologies.
Document and maintain standard operating procedures for CCAR-related activities.
Coordinate with CCAR Challenger Teams and Model Review groups for model recalibration and validation.
Required qualifications, skills, and capabilities:
Bachelor's degree in Finance, Economics, Business, or a related field.
Strong analytical and quantitative skills with attention to detail.
Proficiency in financial modeling and data analysis tools (e.g., Excel, SQL, SAS).
Excellent communication and interpersonal skills.
Ability to work collaboratively in a team environment.
Strong organizational skills and the ability to manage multiple tasks and deadlines.
Preferred qualifications, skills, and capabilities:
Experience with regulatory reporting and compliance.
2-4 years of experience in financial analysis, risk management, or a related area, preferably within the banking or financial services industry.
Knowledge of investment banking products and services.
Advanced degree or professional certification (e.g., CFA, FRM) is a plus.
Familiarity with CCAR, stress testing, and regulatory requirements is a plus.
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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/VeteransBase Pay/SalaryNew York,NY $83,600.00 - $115,000.00 / year