Capital and Liquidity Policy sits within the Treasury/Chief Investment Office as part of the Capital & Liquidity Management function which oversees the end-to-end regulatory capital measurement across the firm. The open position is in the Retail, Securitization and Banking Book Equity coverage team, where you will be responsible for guidance and interpretations on the US regulatory capital & liquidity treatment for the Securitized Products Group within the Corporate & Investment Bank, Lines Of Business including the review of strategic business initiatives and large or novel transactions, partnering with business, finance, and risk teams.

CALM oversees the end-to-end risk-weighted asset and regulatory capital measurement processes across the Firm, ensures efficient and appropriate management of our capital, and manages the firm wide capital stress testing process.

Regulatory Capital & Liquidity Policy role:

You will be responsible for interpreting and providing guidance on US regulatory capital and liquidity rules for current, pending, and proposed transactions in support of Front Office, Risk, Finance and Technology.

Job Summary:

• to review and interpret US and international capital & liquidity rules and proposals
• to oversee and coordinate the activities of established teams in Finance and Risk to ensure compliance with U.S. regulatory capital & liquidity requirements
• to liaise with the U.S. regulatory agencies regarding, regulatory examinations, capital and liquidity policy and ad-hoc inquiries
• to support Finance, Front Office and management teams across the globe with respect to application of US regulatory capital & liquidity rules (and where they differ from local/regional requirements)

Job responsibilities:

• Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight
• Obtaining a clear understanding of the business initiative/transaction/scenario in question ensuring all relevant key facts are considered
• Understanding the economic drivers and other factors relevant for the situation in question including the substance of the arrangement
• Independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations
• Performing a comprehensive and balanced analysis addressing the strengths/weaknesses of the potential conclusions
• Ensuring consistency in application through review of historical analyses and consultation
• Proposing conclusions that appropriately consider the relevant regulations and supporting regulatory guidance, regulatory feedback along with considerations such as risk, operational feasibility, market practice, and materiality

Required qualifications, capabilities and skills:

• Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience, while explaining the business purpose and intent of the transaction/scenario being presented/evaluated
• Maintain effective relationships with internal clients in assigned coverage areas to understand the clients' business, control infrastructure, and process initiatives, and to be aware of open issues, recent interpretations, regulatory developments and the associated impact on the business/risk stripe
• Consider the materiality and urgency of transactions/projects/issues and to prioritize and organize them to ensure issues are addressed or escalated on a timely basis
• Actively consider where communication and engagement with other teams is necessary or helpful for project completion and resolution of issues across regulatory requirements
• Apply the appropriate level of review required based on the clarity of the relevant guidance, the level of judgment applied in arriving at the conclusion, the impact of the conclusion and the extent to which the conclusion may be challenged
• Proactively look to identify potential regulatory/other issues for transactions and situations, to identify potential regulatory capital effects on the Firm related to current market conditions and peers, and to anticipate and proactively address senior management question
• Strong MS Office skills (Word, Excel, Power Point, Project and Visio)

Preferred qualifications, capabilities, and skills:

• Bachelors degree; Minimum of 7 years relevant work experience, banking and finance experience with either a leading bank or a Big Four accounting firm strongly preferred
• Strong knowledge of the US Basel III capital rule, financial products and understanding of trade strategies
• Ability to perform a comprehensive and balanced analyses of complex trade structures independently/under minimum supervision
• Excellent interpersonal and communication skills (both written and oral), along with strong management, organizational, prioritization and multitasking skills

#LI-hybrid

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.

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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
New York,NY $137,800.00 - $185,000.00 / year