Regulatory Capital Data Analyst & Automation Specialist, Associate

Posted 23 Hours Ago
Philadelphia, PA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Risk-Weighted Assets Associate is responsible for overseeing the firm's capital management framework, ensuring compliance with regulatory requirements, performing RWA analysis, and developing technical solutions using Python and SQL. They will collaborate with various stakeholders to manage capital levels and report on credit risk regulatory capital results.
Summary Generated by Built In

Job Description
Exciting and dynamic role at the forefront of Capital RWA Reporting for Credit Risk Capital Firmwide. If you are a strategic thinker passionate about driving solutions in Finance, you have found the right team.
As a Risk-Weighted Assets Associate in the Capital Management team you will be responsible for end-to-end oversight of the firm's capital management framework to ensure the firm is compliant with regulatory capital requirements and maintains fortress principles related to capital levels, capital distributions/buy-backs, capital stress testing and internal capital allocation. You will work in close partnership with stakeholders within Risk, the Business and other Finance functions around the world to ensure a cohesive global approach to capital management.
The Basel Measurement and Analytics group within Capital Management produces and analyzes firm-wide Counterparty Credit risk regulatory capital results on a monthly basis. The team is responsible for implementation of Basel rules and enhancement to the Basel reporting infrastructure.
You will work closely with Lines of Business, Model Implementation, Technology and Regulatory Policy to advance the Firm's capital agenda in Retail Credit and Other Assets risk stripe.
Job Responsibilities:

  • Performs deliverables related to production of Retail Credit Risk RWA. Analyze RWA, perform trend analysis, forecast-to-actual results variances and provide insights for stakeholders and senior management
  • Provide technical expertise and recommendations in gathering and documenting requirements, analyzing customer needs, and designing technical solutions
  • Develop solutions primarily using Python and SQL Queries and also other tools like Databricks, Alteryx, Xceptor, SharePoint, MS Access, VBA
  • Performs quantitative impact studies (QIS) for regulatory agencies. Understand the upcoming rules and regulations in Retail domain, determine data gaps, draft resolution plans, and create implementation processes for reporting
  • Partners with risk management, lines of business and technology teams to identify and remediate data quality issues. Tracking and management of issues through to resolution
  • Implements new business initiatives, model updates collaborating with stakeholders and partnering with Technology


Required qualifications, capabilities, and skills:

  • Bachelor's degree in Finance/Quantitative Finance Major/CFA charter holders having strong technical skillset OR Computer Science graduates with Finance industry background
  • High degree of passion for application / solution development - the ability to rapidly learn and apply new technologies to meet business goals is critical
  • Good interpersonal, oral and written communication skills to collaborate effectively
  • Ability to multi-task, decide prioritization and capability to make decisions, organized, self-motivated and be a team player
  • Strong analytical and problem solving skills, with focus on controls. Superior attention to detail and process-orientation
  • Should have extensive hands-on experience in Python scripting to automate d ata transformation s, perform in depth data analytics, automate processes
  • Should be in a position to develop solutions on Databricks platform using Python (PySpark, PANDAS, MatploLib, Seaborne) and SQL alchemy


Preferred qualifications, capabilities, and skills:

  • Strong proficiency in Python and its libraries/frameworks especially Data transformation modules like PANDAS, Numpy, PySpark
  • Ideal candidate should have around 3+ years of experience in Python development, with a proven track record of designing, developing, and deploying complex python solutions in Banking/Finance.


About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Top Skills

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SQL

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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