Job Description
About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
Global Finance & Business Management ( GF&BM ) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm s capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main pillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.
The current opening is within the Regulatory Change team in Mumbai which forms part of the CIO Treasury LOB within GF&BM India.
About the Team
LOB Description
The CFO teams are responsible for the end-to-end controls for their business activities as they relate to financial reporting, both internal and external. The regional CFO s play a critical role in the capital stress processes (e.g. CCAR, ICAAP) as well as business as usual planning and forecasting.
Business Management is responsible for driving key business initiatives, including developing and driving global implementation of regulatory reform. They act as a trusted advisor and partner to Business Heads and are responsible for developing a strong governance and accountability structure.
Team Description
The position is within the UK Regulatory Reporting team within Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), European Banking Authority (EBA) and the Office of National Statistics.
UK Reg Change Management is responsible for leading the Regulatory strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
About the Role
Primary Responsibilities:
The UK Regulatory Reporting function is changing rapidly through external mandatory regulatory reporting requirements; greater business engagement internally (including new products and upstream system change) and development of new reporting applications and tools.
The UK Regulatory Change Management team is responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
The successful candidate will have the following responsibilities:
• Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications for UK and EU Regulatory platform including detailed Regulatory Calculations and Reporting Requirements for review and sign off by UK and EU Regulatory Reporting Teams
• Preparing detailed test cases and expected results
• Performance of User Acceptance Testing and implementation plans
• Regulatory SME support to technology teams. Providing review and sign off of Functional Specifications
• Timely escalation of issues and risks to the Project Manager ensuring robust risk mitigation strategies
Desired Candidate Profile:
Experience:
• Preparation of Business Requirements and Functional Specification documents for PRA/EBA/ FCA Regulatory Capital calculations and reporting- Essential
• Good understanding of the Credit Risk calculations - Preferable
• Understanding of the Products - Preferable
• Good understanding of the Project Lifecycle- Essential
• Good knowledge of UK and Euro Regulatory PRA/ FCA/EBA - Essential
• Change experience delivering Basel / Regulatory Reporting / CRD5 / COREP Essential
• Familiar with both Banking and Trading book investment products Preferable
• Proficiency in Microsoft Office MS Excel , MS Access, Outlook, Word and PowerPoint - Essential
• Part Qualified / Qualified Accountant with 6 to 8 years of experience.
Personal skills:
• Strong interpersonal and team working skills
• A self starter, motivated and able to work with minimal supervision
• Demonstrate strong analytical and problem solving skills
• Flexibility to work under pressure to meet changing work requirements and strict deadlines
• Ability to communicate effectively both verbally and written - at all levels
• Attention to detail
Shift Timing: UK shift/midday shift
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .
Global Finance & Business Management ( GF&BM ) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan s global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm s Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm s capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main pillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.
The current opening is within the Regulatory Change team in Mumbai which forms part of the CIO Treasury LOB within GF&BM India.
About the Team
LOB Description
The CFO teams are responsible for the end-to-end controls for their business activities as they relate to financial reporting, both internal and external. The regional CFO s play a critical role in the capital stress processes (e.g. CCAR, ICAAP) as well as business as usual planning and forecasting.
Business Management is responsible for driving key business initiatives, including developing and driving global implementation of regulatory reform. They act as a trusted advisor and partner to Business Heads and are responsible for developing a strong governance and accountability structure.
Team Description
The position is within the UK Regulatory Reporting team within Finance. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The regulatory finance department is a high profile function, providing financial information to the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), European Banking Authority (EBA) and the Office of National Statistics.
UK Reg Change Management is responsible for leading the Regulatory strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
About the Role
Primary Responsibilities:
The UK Regulatory Reporting function is changing rapidly through external mandatory regulatory reporting requirements; greater business engagement internally (including new products and upstream system change) and development of new reporting applications and tools.
The UK Regulatory Change Management team is responsible for leading the UK Reg strategic change agenda including optimisation of operating model and capital usage; system release management and tracking; capital model application/implementation and LE strategy work for UK Reg Reporting.
The successful candidate will have the following responsibilities:
• Documentation and delivery of comprehensive, high quality Business Requirements and Functional Specifications for UK and EU Regulatory platform including detailed Regulatory Calculations and Reporting Requirements for review and sign off by UK and EU Regulatory Reporting Teams
• Preparing detailed test cases and expected results
• Performance of User Acceptance Testing and implementation plans
• Regulatory SME support to technology teams. Providing review and sign off of Functional Specifications
• Timely escalation of issues and risks to the Project Manager ensuring robust risk mitigation strategies
Desired Candidate Profile:
Experience:
• Preparation of Business Requirements and Functional Specification documents for PRA/EBA/ FCA Regulatory Capital calculations and reporting- Essential
• Good understanding of the Credit Risk calculations - Preferable
• Understanding of the Products - Preferable
• Good understanding of the Project Lifecycle- Essential
• Good knowledge of UK and Euro Regulatory PRA/ FCA/EBA - Essential
• Change experience delivering Basel / Regulatory Reporting / CRD5 / COREP Essential
• Familiar with both Banking and Trading book investment products Preferable
• Proficiency in Microsoft Office MS Excel , MS Access, Outlook, Word and PowerPoint - Essential
• Part Qualified / Qualified Accountant with 6 to 8 years of experience.
Personal skills:
• Strong interpersonal and team working skills
• A self starter, motivated and able to work with minimal supervision
• Demonstrate strong analytical and problem solving skills
• Flexibility to work under pressure to meet changing work requirements and strict deadlines
• Ability to communicate effectively both verbally and written - at all levels
• Attention to detail
Shift Timing: UK shift/midday shift
💡 Quick Summary
Seeking a career-building opportunity? The Require now Business Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
