JPMorgan Chase Corporate Finance – SEC & Regulatory Reporting - Analyst in Newark, Delaware
Firmwide Regulatory Reporting & Analysis (FRRA) Team
The Firmwide Regulatory Reporting & Analysis (FRRA) team resides within Corporate Finance. The group is responsible for the execution and delivery against the Firm’s regulatory reporting requirements to its U.S. regulators. The team has end-to-end responsibility for US regulatory reporting and capital stress testing, including the design, implementation, and oversight of the execution, analysis, control and governance frameworks. Its mandate includes determining the appropriate investment in people, processes and technology to improve the accuracy, completeness and consistency of the Firm’s US regulatory reporting and capital stress testing submissions, as well as the implementation of new requirements and guidelines as they are published.
The objectives of the FRRA Team are to provide leadership on all aspects of US regulatory reporting and Firmwide capital stress-testing, including both internal and regulatory requirements.
The SEC and Regulatory Reporting Analyst is responsible for supporting the types of deliverables listed below. The position is responsible for data reconciliations, data analysis for report preparation and driving process improvements to strengthen controls, improve data quality, and reduce cycle time.
Coordinate and manage the quarterly preparation of various financial disclosures and requests in support of Quarter-End/Year-End Reporting. This can include, but is not limited to:
Ownership of end-to-end report production (financial reconciliations, adjustments, data/report accuracy)
Consolidate, review, and analyze quarterly financial data for accuracy and completeness.
Identification of issues for follow-up and resolution with Product Controllers and/or Centralized Accounting Hubs
Work with team to understand and identify various accounting issues to isolate the root cause
Maintain familiarity of accounting pronouncements and disclosure requirements
Participate on firm wide working groups to implement new accounting disclosures
Identification and resolution of reporting errors/issues
Ad-hoc reports and analyses to support regulatory requests
Report scope includes selected footnotes for inclusion in the consolidated quarterly SEC financial statements for JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A., as well as Federal disclosures such as Call Report, FR Y-9C, etc.
Ownership of data reconciliations; research and resolve reconciling items in a timely manner
Compile, review and partner with the LOBs to explain variance analysis
Manage LOB attestations
Track, perform accuracy checks, and process monthly/quarterly manual adjustments
Perform data collection and analysis of current submissions and identify trends
Maintain updated process/controls documentation and User Tool support for primary assigned functions
Help identify gaps in current reporting process and participate in the implementation of new controls and strategic solutions
Work on designated projects focused on control/process improvements and partner with identified resources for issue resolution.
Identification, tracking, and resolution of data quality issues
Serve as the LOB representative/stakeholder by providing project support
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:
1-3 years of financial reporting experience and/or relevant work experience
Bachelors degree required; Accounting or Finance degree preferred
Reconciliation Experience; Comfortable working with large quantities of data
Self motivated to take ownership of issues, processes, and projects
Strong analytical skills in interpretations of data and identification of anomalies
Strong organizational and communication abilities, both written and oral.
Superior attention to detail and process orientation
Ability to execute tasks under aggressive timeframes and multi-task in an ever changing environment
Strong technical skills in Excel.
Familiarity with Corporate Financial Architecture (SAP, GLS, Finance Reference Data, ICE, Merit, Hyperion, CDGL, P&F), plus
Availability to support Quarter-end close schedules which may require extended hours
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.