Regulatory Capital Analysis and Review - Vice President

JPMorgan Chase

Brooklyn, NY 11225

Posted 1 month ago

Job Description

**Core Responsibilities:**


+ Distil regulatory rules and technical guidance into key requirements for use in assessments


+ Review Basel capital models including evaluating conceptual soundness of model specification; reasonableness of assumptions and reliability of inputs; completeness of testing performed to support the correctness of the implementation; robustness of numerical aspects; suitability and comprehensiveness of performance metrics and risk measures associated with use of the model


+ Liaise with businesses, model developers, risk management, finance, technology, and operations to perform assessments


+ Through the review of model documentation, understand and critically evaluate potential impact of model limitations, parameter estimation error or deviations from model assumptions; compare model outputs with empirical evidence and/or outputs from model benchmarks


+ Lead the execution of direct empirical studies, statistical and data analyses


+ Review documentation and interview subject matter experts


+ Assess compliance with requirements and produce reports for management


+ Leverage control management, as required, to secure commitment to the timely and complete resolution of the root causes of control issues


+ Stay current with emerging regulatory requirements and expectations


+ Demonstrate expertise in Regulatory policies, with respect to the Basel III final rule, and capital processes


**Desirable skills, experience, and qualifications:**


+ Experience in quantitative modeling or model review in one or more of the core regulatory capital frameworks: Market Risk, Wholesale Credit Risk, Retail Credit Risk


+ Experience as an economist/financial economist in risk analysis division of OCC, supervision division of FRB (Bank or Board) especially suitable


+ Experience in risk models, CCAR models, pricing models, or analytics


+ Experience as a consultant implementing Basel rule requirements


+ Experience should include one or more of the following aspects: policy, risk management, finance, key data elements, project management, accounting policy, or audit.


+ Experience in dealing with large data sets, empirical studies, data analysis, and statistics


+ Experience in technology and operations, on the development side and/or the process control side


+ Strong ability to trace through complex financial systems and processes


+ Strong analytical and problem-solving abilities


+ Excellent communication skills, both written and oral


+ Detail oriented and ability to work independently


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.


Equal Opportunity Employer/Disability/Veterans



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