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Capital and Liquidity Policy – Vice President – Securitization & Banking Book Equity

Capital and Liquidity Policy – Vice President – Securitization & Banking Book Equity

CompanyJP Morgan Chase
LocationNew York, NY, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelSenior, Expert or higher

Requirements

  • 8+ years relevant work experience, banking and finance experience.
  • Strong knowledge of financial products and understanding of complex financing structures.
  • Strong knowledge of the US Basel III capital rule.
  • Ability to perform a comprehensive and balanced analyses of complex trade structures independently/under minimum supervision.
  • Excellent interpersonal and communication skills.
  • Demonstrate an ability to explain complex topics clearly, concisely, persuasively, and in a manner appropriate to the audience, while explaining the business purpose and intent of the transaction/scenario being presented/evaluated.

Responsibilities

  • Maintaining a high level of current technical knowledge and applying it to generate high quality support and oversight.
  • Obtaining a clear understanding of the business initiative/transaction/scenario in question ensuring all relevant key facts are considered.
  • Understanding the economic drivers and other factors relevant for the situation in question including the substance of the arrangement.
  • Independently and efficiently identifying the relevant regulatory guidance and policy interpretations/expectations.
  • Performing a comprehensive and balanced analysis addressing the strengths/weaknesses of the potential conclusions.
  • Ensuring consistency in application through review of historical analyses and consultation with SMEs having performed the initial analysis.
  • Proposing conclusions that appropriately consider the relevant regulations and supporting regulatory guidance, regulatory feedback along with considerations such as risk, operational feasibility, market practice, and materiality.
  • Providing guidance to stakeholders to ensure compliance with Basel rules and oversee the implementation of Banking Book Equity RWA-related guidance, while partnering with LOBs, Finance, Risk and Technology.

Preferred Qualifications

  • Prior experience in the Securitization area
  • Experience working in either a leading bank or a Big Four accounting firm
  • Background in credit risk or structuring
  • Experience interacting with bank regulatory agencies