JPMorgan Chase CIB CAO Regulatory Oversight Business Analyst in New York, New York

CIB CAO Regulatory Oversight Business Analyst

Level: Associate

Locations: New York

About J.P. Morgan Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Recognizing the need to strengthen management and coordination of regulatory initiatives across the CIB Chief Administrative Office, the CIB CAO Regulatory Oversight team was established in 2017. This team is responsible for providing interpretative guidance and expertise relating to global CIB CAO-wide regulatory commitments, with specific emphasis on support for firm wide Recovery & Resolution planning. Originally mandated as part of Dodd-Frank, Recovery & Resolution (a.k.a. Living Wills) requires bank holding companies to describe the company’s strategy for rapid & orderly recovery and resolution in the event of a material financial distress or failure. Since the initiation of the regulation in the US regulators globally have adapted similar regulations.

Scope of the team is based around supporting established regulatory initiatives; establishing technology solutions and operating models to effectively drive responses to emerging regulatory requirements; and maintaining effective global and regional CAO governance structures.

The Role:

Roles within the CIB CAO Regulatory Oversight team will require understanding of the end-to-end business model at sub-Line of Business level, knowledge of the functional groups involved with supporting delivery and the key stakeholders associated with regulatory requirements. Candidates should be able to demonstrate leadership and strong analytical skills. Candidates should demonstrate the ability to work independently, as well as contributing more broadly across the global team, helping to support the vision and agenda for the team as a whole.

Scope of Responsibility:

Role will have responsibility to support the lead BA in driving requirements gathering and ensuring execution delivery of requirements in a strategic technology solution (R&R 2020) which will support regulatory commitments and implementation of the operating models required to support in an on-going evolution of requirements and completion of future deliverables.

“R&R 2020” is a large scale technology transformation program to support Recovery & Resolution submissions and 0regulatory inquiries globally.

Scope of requirements will be based on externally defined regulations, evolving as they move through consultation, technical standards and into implementation. They will be part of a global team, with emphasis on various regional requirements, driven by each location.

These roles will provide high profile visibility across the CIB CAO organization, with broad cross-functional and cross-LoB involvement, and the opportunity for extensive exposure to senior management.

Requirements:

  • The candidate should demonstrate ability to develop relationships across all levels of an organization and work on project teams and multiple work streams in a changing environment.

  • Ensure project initiatives meet desired business results

  • Conduct assessments of current state processes, systems and controls and document analyses in process maps and gap assessments

  • Participate in strategy discussions to define future state operating models

  • Conduct research to determine if solutions to business needs currently exist within or outside of CAO, firm, and/or within the market

  • Author business requirements documents, monitor system development activities and document user acceptance testing plans and scripts for technology implementations

  • Contribute expertise to designing processes and implementing innovative business solutions

  • Liaise with technology partners to ensure implementation is consistent with business requirements by leading UAT planning, test case documentation and defect tracking

  • Responsible for driving business and corporate initiatives from concept to delivery, ensuring execution of business requirements, training, procedures, workflow redesigns and implementation schedules

  • Develop, review, and execute test plans and scripts

  • Willingness to work in a location flexible/dynamic environment

Qualifications:

  • A minimum of 2 years working in a corporate environment preferably at a financial institution

  • Experience at an investment bank; working knowledge of Equity and Fixed Income products and trade flow required (optimal)

  • Experience working with/in Technology, Compliance, Risk or Control functions

  • Ideally 1 year experience in Project Management

  • Bachelor degree required

  • Solid analytical skills and writing skills, to include solid experience in writing specification

  • Solid understanding of project management methodologies and tools

  • Independent and self-motivated

  • Strong interpersonal, communication, negotiation, and leadership skills

  • Ability to handle multiple tasks and to work independently; agility in a fast-paced environment

  • Proven ability to collaborate and build strong partnerships with technology and operations as well as across regions and lines of business

  • Proven results and experience with achieving goals, developing and implementing new strategies

  • Excellent analytical skills and ability to think strategically about global solutions

  • Keen attention to detail

  • Strong sense of ownership and accountability for work

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.