At a Glance
- Tasks: Lead the implementation of FRTB rules and drive reporting requirements analysis.
- Company: Join J.P. Morgan, a global leader in financial services, shaping market risk capital regulation.
- Benefits: Enjoy a diverse and inclusive culture with opportunities for skill expansion and innovation.
- Why this job: Be at the forefront of regulatory change and make a significant impact in a dynamic team.
- Qualifications: Knowledge of FRTB regulations and strong business analysis skills are essential.
- Other info: This is a full-time role with opportunities to work in an agile environment.
The predicted salary is between 36000 - 60000 £ per year.
Join our International Regulatory Projects team within Global Program Management to lead the implementation of the UK and EU Fundamental Review of the Trading Book (FRTB) rules. As part of this dynamic team, you will play a pivotal role in shaping the future of market risk capital regulation, driving reporting requirements analysis, development, and end-to-end testing for the FRTB program. Be at the forefront of regulatory change and make a significant impact as we prepare for the new Market Risk Capital regulation set to go live by January 2027.
As a FRTB Regulatory Business Analyst Associate within the Global Program Management team, you will be responsible for partnering with Firmwide Market Risk teams including Quantitative Research and Market Risk Technology as well as Product Control, Legal Entity Control and Finance and Risk technology teams to meet the upcoming Jan 2027 FRTB implementation date. We are looking for a solution-oriented, and customer-focused analyst, used to working in an agile environment who want to be a part of building something new from the ground up within a diverse and inclusive team. Culture is as important to us and we are looking for intellectually curious, new technology passionate individuals who would like to expand their skills whilst working on a new exciting deliverable for the firm.
Job Responsibilities
- Review Local Regulatory policy documentation as related to FRTB and understanding divergence from BCBS.
- Be responsible for Business Analysis and Project Management to support Integration of the FRTB rules and requirements into JPM Reg platforms covering data sourcing and mapping, technical market risk development requirements and integration into last mile reporting templates.
- Test approach and End to end testing (UAT).
- Develop and document end to end SOP model to support new reporting.
- Work with Project Manager to provide inputs into Working Groups, Project plans, RAIDs, Scorecards and senior management updates.
- Ensure relationship is maintained with teams across Risk, Finance, Front office and Technology to ensure delivery of the FRTB deliverables.
- Provide regular updates to senior stakeholders through status updates and scorecards.
Required Qualifications, Capabilities, And Skills
- Working knowledge of FRTB and/or other Market Risk regulations and an understanding of Finance and Market Risk functions especially with regards to the role they play within Regulatory reporting.
- Strong Business Analysis skill set working with large and complex data sets developed on projects operating within a Waterfall and Agile Project Life Cycle.
- Experience using Regulatory vendor systems and Project management tools.
- Ability to multi-task and balance multiple priorities, work under pressure and manage tight deadlines.
- Self-motivated, demonstrate initiative, innovation, and solid problem solving skills.
- Confidence to drive issues through to completion often working to tight deadlines.
Preferred Qualifications, Capabilities, And Skills
- Practical user experience of Reg Vendor platform Axiom/Adenza.
- Experience with Visio, Jira, SharePoint, and/or Alteryx.
- ACA (or equivalent) qualification.
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.
Global Program Management - Regulatory Business Analyst – Associate employer: JPMorganChase
Contact Detail:
JPMorganChase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Program Management - Regulatory Business Analyst – Associate
✨Tip Number 1
Familiarise yourself with the FRTB regulations and their implications for market risk capital. Understanding these rules will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the regulatory space, especially those who have experience with FRTB or similar projects. Engaging with industry experts can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Showcase your experience with project management tools like Jira or SharePoint during discussions. Being able to speak confidently about your familiarity with these tools can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your problem-solving skills and how you've successfully managed tight deadlines in previous roles. Providing specific examples will illustrate your ability to thrive in a fast-paced environment.
We think you need these skills to ace Global Program Management - Regulatory Business Analyst – Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Global Program Management - Regulatory Business Analyst role. Familiarise yourself with FRTB regulations and how they impact market risk capital regulation.
Tailor Your CV: Customise your CV to highlight relevant experience in business analysis, project management, and regulatory compliance. Emphasise any experience you have with FRTB or similar market risk regulations, as well as your familiarity with Agile methodologies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for regulatory change and your problem-solving skills. Mention specific examples of how you've successfully managed projects or worked with complex data sets in the past.
Highlight Soft Skills: In your application, don't forget to mention your soft skills such as communication, teamwork, and adaptability. These are crucial for collaborating with various teams across Risk, Finance, and Technology, as outlined in the job description.
How to prepare for a job interview at JPMorganChase
✨Understand FRTB Regulations
Make sure you have a solid grasp of the Fundamental Review of the Trading Book (FRTB) regulations. Be prepared to discuss how these rules impact market risk capital regulation and your understanding of their implementation.
✨Showcase Your Analytical Skills
Highlight your experience with business analysis, especially in handling large and complex data sets. Be ready to provide examples of how you've successfully navigated projects using both Agile and Waterfall methodologies.
✨Demonstrate Team Collaboration
Since this role involves working closely with various teams, be prepared to discuss your experience in cross-functional collaboration. Share specific instances where you maintained strong relationships with stakeholders across different departments.
✨Prepare for Problem-Solving Scenarios
Expect to face questions that assess your problem-solving abilities. Think of examples where you've demonstrated initiative and innovation in overcoming challenges, particularly under tight deadlines.