Bring your Expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Risk Management Risk Controllers Firmwide Allowance team Associate in the Risk Management and Compliance team, you will play a key role in supporting the integrity and accuracy of reporting and governance related to the firmwide allowance for credit losses (ACL) under the Current Expected Credit Losses (CECL) accounting standard. You will assist in consolidating the ACL and Credit Costs across Consumer and Wholesale lines of business and support reporting aspects, including disclosures at earnings and the 10K/Q, as well as the credit cost budget and forecast.

Job Responsibilities

• Assist in the consolidation of ACL and credit costs across various lines of business, including CECL in stress.
• Support the preparation of financial disclosures related to earnings and regulatory filings, including creating and maintaining documentation and controls for all firmwide allowance deliverables.
• Contribute to the credit cost budget and forecast processes.
• Participate in maintaining allowance-related standards and preparing CECL scenario weights assessments.
• Support the governance framework for firmwide allowance processes by assisting with the preparation of ACL committee agendas and materials, maintaining records, and helping ensure alignment with auditor and regulator expectations.
• Collaborate with team members and support senior business leaders and stakeholders in strategic decision-making.

 

Required Qualifications, Capabilities, and Skills

• Approximately 3 plus years of experience in finance, accounting, or a related field.
• Basic understanding of credit loss accounting standards, particularly CECL.
• Strong analytical skills and attention to detail.
• Effective communication skills, both written and verbal.
• Ability to work collaboratively in a team environment.
• Proficiency in Microsoft Office applications, especially PowerPoint and Excel.

 

Preferred Qualifications, Capabilities, and Skills

• BA/BS in Finance or Accounting.

As a Firmwide Allowance Associate, your focus will be on accurate reporting and governance of credit losses under the CECL standard.