What are the responsibilities and job description for the Capital Stress Testing Program Management Office Vice President position at JPMorgan Chase?
The Consumer & Community Banking Capital Stress Testing Program Management Office (PMO), part of Finance & Business Management, is responsible for overseeing the governance and execution of quarterly capital stress testing, the Comprehensive Capital Analysis & Review (CCAR), and managing the Material Risk Inventory for our org. Our team collaborates with all Consumer & Community Banking sub-lines of business, including Consumer Bank, Business Banking, JPM Wealth Management, Chase Auto, Home Lending, and Credit Card.
As a Capital Stress Testing Vice President within our firm, you will take charge of the governance and execution of firmwide capital stress testing. Your responsibilities will include managing timelines, deliverables, and tracking progress, including identifying and mitigating issues and risks. You will also be tasked with analyzing and interpreting the results of the stress tests, providing regular updates to executive management. In addition, you will coordinate regulator exams, address MRIA/MRAs, and maintain a focus on continuous improvement.
Job responsibilities
Oversee LOB capital stress testing plans to ensure alignment with firmwide objectives and timelines.
Implement governance structures, including independent validation processes and forums.
Coordinate the submission of sub-line of business (LOB)/CCAR, encompassing results, narratives, sensitivity analysis, attestations, and methodology documentation.
Offer guidance to sub-LOBs regarding requirements and deliverables.
Analyze and interpret stress testing results
Promote improvements and consistency across various lines of business.
Assist in resolving regulatory issues and findings.
Enhance controls and streamline processes, incorporating automation where feasible.
Manage and optimize the Material Risk Inventory
Required qualifications, capabilities, and skills
Bachelor’s degree in Accounting, Finance or a subject of a technical nature
7 years of work experience in Financial Services, and/or accounting/controller background.
Advanced skills in Excel and PowerPoint
Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
Inquisitive, enthusiastic and diligent, and capable of challenging peers
Strong verbal and written communication skills with the ability to articulate complex issues clearly
Highly motivated and able to thrive and think clearly under pressure and tight deadlines
Integrity in handling highly sensitive and confidential information
Team player with the ability to be respected as a trusted partner for the Business, Finance, and FP&A Teams
Highly motivated self-starter with excellent time management/prioritization skills
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).