At a Glance
- Tasks: Transform complex financial data into clear disclosures and influence high-stakes decisions.
- Company: Join J.P. Morgan, a global leader in financial services with a focus on diversity and inclusion.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team environment with excellent career advancement opportunities.
- Why this job: Make a real impact by optimising capital usage and enhancing transparency in financial reporting.
- Qualifications: Experience in finance, strong Excel skills, and ability to present complex information clearly.
The predicted salary is between 50000 - 70000 £ per year.
Join a team where your analysis shapes how we report to regulators and manage capital. In this role, you will influence high-stakes decisions by transforming complex financial data into clear, trusted disclosures. You will collaborate across finance, product control, and policy to strengthen balance sheet insights and transparency. Your work will improve control quality, elevate data integrity, and help optimize how we use capital. If you thrive in a fast-paced environment and enjoy solving complex problems, this is an outstanding opportunity to grow your impact.
As an External Reporting Associate in Balance Sheet & Capital External Reporting, you ensure timely, accurate regulatory submissions and elevate the quality of balance sheet, capital, and Risk-Weighted Asset reporting. You partner with cross-functional teams to clarify accounting treatments, strengthen disclosures, and enhance transparency for senior stakeholders. Together, we streamline processes, improve data quality, and help the business make better, faster decisions.
Job responsibilities:
- Own the quality and completeness of regulatory reporting disclosures for the business.
- Coordinate with product control teams to gather, validate, and consolidate disclosure inputs.
- Calculate Risk-Weighted Assets for streams not covered by internal models.
- Advise on product accounting and ensure alignment with accounting policy and corporate regulatory requirements.
- Provide analytics to optimize balance sheet and capital usage across products and regions.
- Monitor the balance sheet for net funding and Basel III liquidity ratio metrics.
- Collect and consolidate external disclosures from regional product controllers and perform consistency checks and roll forwards.
- Complete data quality checklists and conduct analytical reviews to strengthen controls.
- Enhance Risk-Weighted Asset reporting to deliver greater transparency to the business.
- Explain regulatory framework developments and priorities to stakeholders, including capital changes and revenue recognition considerations on structured transactions.
Required qualifications, capabilities, and skills:
- Relevant experience in a finance organization covering accounting, financial statements, regulatory reporting, and financial products.
- Strong understanding of accounting, financial statements, financial products, and risk concepts.
- Advanced Microsoft Excel skills (e.g., complex formulas, pivot tables, lookups).
- Ability to synthesize complex information and present clearly at the executive level.
- Strong presentation and written communication skills.
- Proven relationship-building and cross-functional collaboration skills.
- Proactive, solutions-focused mindset with a track record of adding value.
Preferred qualifications, capabilities, and skills:
- Experience with Basel III liquidity metrics and balance sheet monitoring.
- Hands-on experience calculating Risk-Weighted Assets and improving related reporting.
- Familiarity with revenue recognition for complex or structured transactions.
- Experience coordinating multi-region disclosures and consolidation.
- Knowledge of UK and European regulatory reporting frameworks.
- Exposure to process improvement or reporting control enhancements.
- Background in investment banking or large, complex financial institutions.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Balance Sheet & Capital External Reporting – Associate – London employer: Fairygodboss
At J.P. Morgan, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where your contributions directly influence high-stakes financial decisions. Our commitment to employee growth is evident through our collaborative culture, which fosters innovation and transparency while providing opportunities for professional development in the fast-paced world of finance. Join us to be part of a diverse team that values your unique talents and supports your career aspirations in a leading global financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Balance Sheet & Capital External Reporting – Associate – London
✨Tip Number 1
Network like a pro! Reach out to current employees at J.P. Morgan on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since this role involves complex financial data, be ready to discuss your experience with accounting, regulatory reporting, and financial products. Show us you know your stuff!
✨Tip Number 3
Practice your presentation skills! You’ll need to communicate complex information clearly, especially to senior stakeholders. Try explaining some financial concepts to a friend or family member to get comfortable with simplifying your language.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team. Let’s get you that interview!
We think you need these skills to ace Balance Sheet & Capital External Reporting – Associate – London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the job description. Highlight your relevant experience in finance, regulatory reporting, and any specific projects that showcase your analytical abilities.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role. Share specific examples of how you've tackled complex financial data and improved reporting processes in the past.
Showcase Your Excel Skills:Since advanced Excel skills are a must-have, consider including examples of how you've used complex formulas or pivot tables in your previous roles. This will demonstrate your technical proficiency right off the bat.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our team!
How to prepare for a job interview at Fairygodboss
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around balance sheets and capital reporting. Be ready to discuss how you’ve handled complex financial data in the past and how it influenced decision-making.
✨Excel Like a Pro
Since advanced Excel skills are crucial for this role, practice using complex formulas, pivot tables, and lookups. You might even want to prepare a few examples of how you've used these skills to solve problems or improve processes in previous roles.
✨Communicate Clearly
You’ll need to present complex information clearly, so practice explaining financial concepts in simple terms. Think about how you can convey your insights effectively to senior stakeholders, as this will be key in your role.
✨Build Relationships
This position requires collaboration across various teams, so be prepared to discuss your experience in building relationships. Share examples of how you’ve worked with cross-functional teams to enhance transparency and improve reporting quality.