JPMorgan Chase Firmwide Regulatory Reporting & Analysis (FRRA) - Financial Data Operations - Associate in Newark, Delaware
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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. 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com at http://www.jpmorganchase.com/ .
The Firmwide Regulatory Reporting & Analysis (FRRA) External Reporting team is responsible for providing accurate, complete and consistent data for aggregation and analysis in support of critical regulatory requirements to the FRB, OCC, FDIC, and FFIEC. This team supports the line of business external reporting teams and our goal is to continuously improve the reporting process through enhancements to the control environment and to improve the operating model.
The Finance Data Operations Associate is responsible for preparation and/or oversight of selected footnotes for inclusion in the consolidated quarterly financial statements for JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A., as well as other disclosures such as Call Report, FR Y-9C, etc. Functions of this role involve requesting, consolidating, analyzing, validating and reporting financial data while adhering to Sarbanes-Oxley 404 and internal control and documentation standards. The candidate will also be responsible for continuing to enhance the controls and efficiency over the financial reporting processes which may include the identification and resolution of issues/errors, tracking and resolution of data quality issues and process improvements to reduce cycle time.
Additionally, this role requires the individual to:
Participate in and oversee various aspects of the production and review of monthly, quarterly, semi-annual, and annual reports filed with various regulatory agencies. Consolidate, review, and analyze quarterly financial data for accuracy and completeness.
Perform quarter-over-quarter variance consolidation and review.
Develop and implement various control procedures and edit checks to ensure the integrity of reported financial results.
Maintain familiarity of accounting pronouncements and disclosure requirements. Participate on firm wide teams to implement new accounting disclosures.
Lead execution of key projects regarding specialty areas.
Help identify gaps in current reporting process and participate in the implementation of new controls and strategic solutions.
Represent the team and lead efforts around strategic initiatives and ongoing improvements around internal/external reporting processes.
Develop control procedures to ensure accurate reconciliation between regulatory filings, (e.g., Press Releases, Form 10-Q, Annual Report/Form 10-K, Call & FR Y-9C, CCAR, etc).
Establishing and managing relationships, partnership and dialogue with stakeholders.
Extended working hours will be required during peak periods including some weekends.
Experience, Soft & Technical Skills:
5+ years total relevant work, industry and product experience (Large Accounting Firm preferred)
Bachelors Degree Required; Accounting or Finance degree preferred
Excellent communication abilities, both written and oral.
Comfortable working with large quantities of data; strong reconciliation and process management experience.
Strong technical skills in Excel. Access experience also helpful.
Strong analytical skills in interpretations of data and identification of anomalies.
Independent worker who is self-motivated; Comfortable working independently in a dynamic and challenging environment.
Ability to work on multiple priorities for different sponsors at the same time
Detail oriented, strong organizational and time management skills.
Ability to identify, research, and escalate critical issues.
Results-oriented / delivery focused; ability to deliver high-quality results under tight deadlines.
Comfortable with conveying complex requests to Technology, Operations groups and senior managers.
Supervisory experience preferred
Familiarity with Corporate Financial Architecture (SAP, Finance Reference Data, Merit, Hyperion, CDGL, P&F), plus
CPA / Big 4 Experience a plus
Project management experience/skills helpful
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.