JPMorgan Chase & Co. is a proud sponsor and excited to attend the 2017 NABA National Convention, June 6 - 10 in New Orleans, Louisiana.
We look forward to connecting with you and want to provide you with an overview of some of the teams that will be in attendance at the conference and recruiting to fill open roles across the country.
Please note hiring manager and recruiters will also be on site to answer questions about opportunities at JPMorgan Chase.
A few things to note:
As an independent function, Audit provides objective assurance to improve the firm’s overall operations. Spanning the firm, Audit brings a systematic, disciplined approach to our risk, control and governance processes. Audit creates an open dialogue and conveys objective and constructive results to stakeholders, is comprised of intelligent, trusted and capable risk and control advisors, and develops professional and technical skills along with product knowledge.
Responsible for ensuring the overall integrity and validity of the financial statements and controls over the transaction cycle; performing critical reporting and controls functions for the organization, including legal entity, financial and regulatory, as well as product valuation; and provide this expertise to strategic and ongoing technology and operational process improvement initiatives. The different types of Controller roles consist of Legal Entity Controller, Financial Controller, Product Controller, Valuation Controller, Treasury Controller, Global Controller, and Bank Controller.
The Financial Analysis Group is comprised of 5 teams responsible for partnering across the firm to provide financial and strategic analysis, central oversight and coordination of Firmwide budgeting and forecasting, macroeconomic scenario design and distribution, and strategic program management and execution including the new Firmwide Forecasting Framework. The five teams include: Corporate Finance Analytics (CFA), Firmwide P&A, Firmwide Forecasting & Analysis (FFA), Economic Scenario Management and Financial Analysis Program Management.
A business manager optimizes business performances by helping to drive key initiatives. They act as a trusted advisor and counterweight to Business/Group Heads and are responsible for identifying, escalating, and mitigating business risks.
Responsible for a single or multiple programs or projects on a full time basis. Programs are large scale and can be for single LOB/function or cross LOB/function. PMO is designed to drive a more efficient, integrated operating model and technology infrastructure framework for global finance in partnership with Operations, Technology, Risk and all LOB finance teams. They oversee and drive firm-wide initiatives, define and implement Program Management framework, and drive cross-LOB agendas for implementation of new pronouncements and policies.
Regulatory Capital Management Office (RCMO)
The Regulatory Capital Management Office (RCMO) within Corporate Finance, is an organization that oversees capital related functions across the Firm, focusing on regulatory and internal capital management. RCMO’s primary objective is to establish control and governance, best practices and accountability for the regulatory capital process. Responsibilities include but are not limited to, calculating and managing the Firm’s Risk Weighted Assets and ensuring proper Capital Adequacy Ratios specific to various stressors that negatively impact the U.S. Economy.
Tax is responsible for making sure that the income tax returns JPMC files are both accurate and timely, as well as structuring our operations and legal entity structure so that we operate as tax-efficiently as possible. They also support our businesses on any tax-related issues, and protect JPMC from any tax-related reputational risk.
Resolution & Recovery
The core group is responsible for the firm’s Title I global Resolution Plan submission which is filed annually with the Fed and FDIC. JPMC is required to maintain and evidence robust resolution planning pursuant to Section 165d of Dodd-Frank and to update its annual Recovery Plan submitted to the Fed. The group works closely with all resolution and recovery representatives and executive management teams across the LOBs, corporate functions and regions on coordinating and delivering the firm’s global requirements.
Responsible for the accurate and timely preparation of multiple reports that are filed with various US regulatory agencies (primarily the Federal Reserve, the OCC, the FDIC, the Department of the Treasury, and the U.S. Department of Commerce) for certain of the Firm’s foreign and domestic principal subsidiaries.
Provides reporting to both our internal and external clients. This includes informative, accurate, reliable and timely financial information that can be used by management to make sound financial decisions; for analysts to assess the firm's financial position; investors to make informed decisions and regulators to supervise and examine us appropriately. Our goal is to continuously improve the reporting process through enhancements to the control environment and to improve the operating model.
TREASURY AND CHIEF INVESTMENT OFFICE
The Treasury and Chief Investment Office (CIO) are responsible for delivering on the firm’s strategic priorities across both structural interest rate risk and liquidity management.
Treasury manages the firm’s capital, balance sheet, liquidity and funding strategy and positions, including short dated and secured funding, debt and capital issuance and buybacks, and liquidity risk management, as well as the company’s rating agency relationships and corporate insurance activities.
The Chief Investment Office manages the firm's structural interest rate and foreign exchange risks, and conservatively invests the firm’s excess deposits. Interest rate risk is managed primarily via investment securities and interest rate derivatives as tools to manage the firm's asset liability mismatch. The firm’s non-USD foreign exchange risk is managed through specifically defined hedging mandates. The CIO also manages the JPM Retirement Plan and hedges the firm's Mortgage Servicing Rights.
Risk is an inherent part of JPMorgan Chase’s business activities. When the Firm extends a consumer or wholesale loan, advises customers on their investment decisions, makes markets in securities, or offers other products or services, the Firm takes on some degree of risk. The Firm’s overall objective is to manage its businesses, and the associated risks, in a manner that balances serving the interests of its clients, customers and investors and protects the safety and soundness of the Firm.
Firmwide Risk Management is overseen and managed on an enterprise-wide basis. The Firm’s approach to risk management covers a broad spectrum of risk areas, such as credit, market, liquidity, model, structural interest rate, principal, country, operational, compliance, legal, capital and reputation risk, with controls and governance established for each area, as appropriate.
Compliance operates the Firm wide Global Compliance Program, which ensures compliance with varies rules and regulations and oversee compliance risk. Our compliance colleagues may support corporate functions or a particular line of business to support their respective business and regions.
Compliance Monitoring and Testing is primarily assessing testing coverage/planning based on risk assessment results, analyzing testing resources/capacity and ongoing strategy, assessing regulatory implications and supporting the development/maintenance of test scripts/library covering key compliance risks.
Compliance Advisory/Officer embeds into each line of business and region to provide businesses with advice on regulatory matters and control initiatives. Embeds into each line of business and region to provide businesses with advice on regulatory matters and control initiatives.
Compliance Risk Assessment provides the opportunity to establish and build-out the global compliance framework and associated governance for risk assessment and reporting, and other components of our compliance program.
CORPORATE AND INVESTMENT BANK
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. We recruit across Investment Banking, Sales &Trading, Research, Investor Services, Treasury Services, support roles in Risk, Finance & Business Management, Operations and Technology.
We are seeking individuals with strong finance backgrounds, especially with banking experience. Proven ability to develop and maintain trusted client relationships, as evidenced by winning new business, closing transactions and possessing valuable professional networks. Understanding of the relevant key products used: fixed income, derivatives, equities, treasury services, and custody. We are seeking those with a strong passion for markets and banking with a strong set of financial skills.
Markets Operations provides trade support and controls to the business across all asset classes, including trade capture into the firm’s risk management systems; transaction event management, query resolution, design and execution of primary front to back controls to ensure the integrity of information in the firm’s credit risk, market risk and financial infrastructure; trade and transaction regulatory reporting; and client servicing.
Investor Services Operations provides support for the Global Custody, Traditional and Alternatives Fund Services, Clearing and Collateral Management (CCM), and Prime Brokerage and Financing businesses. In servicing our clients, our services include fund accounting and administration; investor relations and transfer agency; middle office services; client trade, cash and asset servicing instruction processing and client reference data set up and maintenance.