Oferta pracy

TCIO - BM&A Counterparty Credit Risk Analyst

J.P. Morgan Poland Services sp. z o.o.

J.P. Morgan Poland Services sp. z o.o.

aleja Jana Pawła II 19

Warszawa

Your responsibilities

  • Monthly production cycle for RWA calculation and reporting, including Basel 3 Advanced, Basel 3 Standardized, CCP, and Supplementary Leverage Ratio

  • To perform ad-hoc quantitative impact analysis on the firm’s RWA under Basel rules and regulations based on input parameters or infrastructure changes – specific to Derivatives risk stripe.

  • Provide analysis in support of RWA trends and forecast-to-actual variances

  • Support external regulatory filing deliverables including the FR Y-9C, FFIEC 101 and Pillar 3.

  • Perform quarterly stress testing to support CCAR, ICAAP and Risk Appetite deliverables.

  • To evaluate and manage controls on key processes and functions.

  • To prepare objective analysis that provides perspective to senior management to support decision-making on key issues related to regulatory capital.

Our requirements

  • Bachelor’s degree and 1-4 years’ experience in Finance, Risk Management, or related field.

  • Experience with Basel Capital Rules is preferred.

  • Experience and technical understanding of derivative products.

  • Exceptional excel/database/desktop skills.

  • Ability to work in pressure-oriented environment and able to handle multiple tasks.

  • Strong analytical, critical thinking, and problem solving skills with a track record of execution against deliverables; including the ability to take ownership and work independently while contributing to the broader team.

  • Results oriented individual who can execute tasks within aggressive time frame.

Commercial Banking serves more than 30,000 clients, including corporations, municipalities, financial institutions, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion. The Firm's broad platform positions the Commercial Bank to deliver extensive product capabilities - lending, treasury services, investment banking, and asset management - to meet our clients' domestic and international financial needs.

KYC Solutions is a firm-wide utility supporting all Lines of Business in the completion of requirements to satisfy the firm’s Know Your Customer (KYC) standards. We partner with Global Financial Crimes Compliance, all JPMorgan Lines of Business and their KYC Officers and Client Owners and other utilities such as Client List Screening and Client Reference Data Operations to support and maintain the integrity of our Client KYC information.

The KYC Solutions team is seeking a KYC Operations Associate. The role is responsible for ascertaining that all KYC and AML policies are adhered to. The KYC Operations Associate will possess strong analytical skills, the ability to work independently within a deadline, take initiative and adapt to change. In addition, successful candidates are quick learners that will be able to readily understand banking and AML concepts and issues, exercise sound judgment and observe the highest degree of confidentiality in the handling information received in connection with their responsibilities.

The primary responsibility in this role is to manage a team of KYC Operations Analysts and Reviewers to ensure all client KYC records are compliant with regulatory standards, and to drive high quality and timely completion of all client-level due diligence requirements at the onset and renewal of client relationships. The KYC Operations Associate will be responsible for a team and performance management, producing a critical, detailed, in-depth investigative review of historical transaction activity and/or negative media reviews on clients in line with firm policy and regulatory expectations. Based on the summary of their investigation, findings, conclusions and recommendations documented in the report, the LOB Relationship Managers and KYC Officers will perform additional follow up and due diligence with the customer.

Enhanced Due Diligence is required to be performed under the firm’s KYC periodic review standards for specific client types. The objective of the review is to determine (a) if actual activity is consistent with the due diligence information collected, including the client’s stated expected activity, (b) to identify high risk patterns of activity, (c) to highlight potential areas of concern based on negative media findings or risk that require follow up or resolution by KYC team, Relationship Management or Compliance, and (d) to validate the accuracy of the KYC risk rating.

The KYC Operations Associate will assist the client-facing teams to ensure all client KYC records are compliant with regulatory standards, and will ensure high quality and timely completion of all client-level due diligence. The role will assist in end to end operational activities through the periodic renewal process of all clients. The KYC Operations Associate will review the collection and verification of data performed to ensure all KYC records are accurate and complete prior to a final review by the client-facing team. The KYC Operations Associate is expected to stay current with all regulatory changes and requirements around client KYC, Suitability and Documentation.

Business Description

The BM&A Derivatives Team is responsible for assessing regulatory policy, driving enhancements to infrastructure needed to support risk regulatory reporting processes related to Basel methodology, and RWA reporting (specific to derivatives). The candidate will be responsible for producing RWA related to derivatives exposures under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and credit officers to determine variance drivers such as portfolio changes, policy updates and capital treatment, and generation of external regulatory filing schedules. The candidate will manage the reporting processes and be owner of data issue identification, tracking, and resolution.