Job Description
Are you passionate about Regulatory Reporting and driven by the challenge of ensuring compliance across multiple regulations? Join our team and leverage your expertise!
As a Regulatory Reporting Specialist in the Regulatory Reporting team, you will play a crucial role in ensuring our payment reporting to European regulators is compliant, complete, timely, and accurate. You will be responsible for overseeing the capture of requirements, building comprehensive frameworks, and acting as a Subject Matter Expert on regulatory changes.
Job responsibilities
- Serves as the Subject Matter Expert/Technical Lead on regulatory changes for our inventory of reports
- Oversees the capture of requirements for the rebuild of existing regulatory reports
- Builds comprehensive frameworks around each report, including variance analysis, controls, procedures, user guides, and business requirements
- Reviews and signs off on reports prior to submission to regulators
- Collaborates with upstream business teams to ensure accurate and timely information
- Ensures all regulatory reports conform to our agreed framework
- Understands our business model and applies reporting rules to specific activities
- Coordinates efforts across teams in Edinburgh, Geneva, and Bangalore, and works with key stakeholders including Technology, Compliance, Controls, Projects, and Governance teams
- Acts as Report Process Owner for the production of reports, ensuring procedures and controls are followed
- Is accountable for reviewing and signing off on business requirements within the team
- Performs substantive assessments of requirements to validate that reports satisfy regulatory obligations, including writing and presenting detailed reports of findings to senior management
Required qualifications, capabilities, and skills
- Self-motivated with the ability to work independently and as part of a fast-moving team
- Responsible for leading a small team in an inclusive and nurturing manner
- Focused on execution with the ability to prioritize across multiple competing initiatives
- Flexibility to work under pressure to meet changing work requirements
- Ability to work with large data sets to pull trends and insights, and provide regular reporting to senior stakeholders
- Ability to articulate complex concepts clearly to varied audiences
- Inclusive communication skills with the ability to foster collaboration across various groups and regions
Preferred qualifications, capabilities, and skills
- Knowledge of Deposit Guarantee Schemes Directives ( DGSD) & Financial Services Compensation Scheme (FSCS)/Payment Statistics/Balance of Payments or experience in a similar Regulatory Reporting function
- Experience in delivering regulatory change
About Us
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. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
