F&BM – Treasury Capital Controller – Wholesale Credit – Associate

Location: Brooklyn, NY, United States

Job Family: Controller

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. The F&BM – Treasury Capital Controller – Wholesale Credit – Associate role within our Controller category is pivotal in safeguarding the firm's financial health. Based in our state-of-the-art Brooklyn, NY office, this position involves managing the capital needs of our wholesale credit portfolios while ensuring unwavering compliance with evolving financial regulations. As an Associate, you will play a key role in capital planning, helping to drive JP Morgan Chase's commitment to robust risk management and sustainable growth in the competitive banking landscape. In this role, you will oversee the forecasting and allocation of capital for large-scale lending activities, utilizing advanced financial models to assess adequacy under various stress scenarios. You will collaborate closely with cross-functional teams in treasury, risk, and finance to optimize capital usage, prepare critical regulatory reports such as those for CCAR and Basel III, and identify opportunities to enhance capital efficiency. Your work will directly contribute to JP Morgan Chase's reputation as a trusted steward of capital, ensuring that our wholesale credit operations remain resilient against market volatilities and regulatory scrutiny. We seek a detail-oriented professional with a strong foundation in financial controlling and a passion for the intricacies of treasury management. This position offers exposure to high-impact projects at one of the world's largest banks, fostering professional growth through mentorship, training, and direct involvement in strategic initiatives. Join JP Morgan Chase to advance your career while contributing to our mission of enabling economic progress for clients worldwide.

Key Responsibilities

• Manage and forecast capital requirements for wholesale credit portfolios to ensure alignment with JP Morgan Chase's strategic objectives
• Monitor compliance with regulatory capital standards, including Basel III and internal capital adequacy assessments
• Develop and maintain financial models for capital planning and stress testing scenarios
• Collaborate with treasury, risk management, and finance teams to optimize capital allocation
• Prepare reports and analyses for senior management and regulatory submissions
• Identify and mitigate capital risks associated with lending activities
• Support the annual CCAR and DFAST processes for the firm
• Ensure accurate recording and reconciliation of capital transactions in JP Morgan's systems
• Advise on capital-efficient strategies for wholesale credit products

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in financial controlling, treasury, or capital management within banking or financial services
• Strong knowledge of regulatory frameworks such as Basel III, Dodd-Frank, and CCAR requirements
• Proficiency in financial modeling and capital adequacy calculations
• CPA, CFA, or equivalent certification
• Experience with wholesale credit portfolios and risk management

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance)
• Prior experience at a major financial institution like JP Morgan Chase
• Familiarity with JPMorgan's internal capital management systems
• Knowledge of stress testing methodologies for wholesale lending

Required Skills

• Financial modeling and Excel proficiency
• Knowledge of regulatory capital rules (Basel, CCAR)
• Analytical and problem-solving abilities
• Attention to detail and accuracy in reporting
• Strong communication and presentation skills
• Team collaboration and stakeholder management
• Proficiency in financial software (e.g., Alteryx, Tableau)
• Risk assessment and mitigation techniques
• Data analysis and interpretation
• Project management skills
• Understanding of wholesale lending products
• Regulatory compliance expertise
• Adaptability to changing financial regulations
• Quantitative analysis capabilities

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase locations
• Flexible work arrangements and hybrid work options in Brooklyn, NY

JP Morgan Chase is an equal opportunity employer.