Job Description
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As an Associate in the Credit Risk Measurement and Analytics (CRMA) team, you will manage credit risk oversight for marketable-securities-backed lending programs, capital markets activities, derivative programs, and principal market risk for the Global Private Bank (GPB) and Wealth Management (WM). You will develop expert knowledge of global financial markets, risk management frameworks, and WM's lending solutions and derivatives businesses. If you have an entrepreneurial mindset, thrive in fast-paced environments, and seek innovative solutions, this role is for you.
Job responsibilities
- Partner with Quantitative Research, credit risk, and front-office teams to develop and review models and methodologies for Lending Value/Initial Margin
- Lead data research projects to design new architectures and create new information capabilities
- Evaluate stress testing results and produce deliverables, including ad-hoc stress testing and global regulatory deliverables
- Analyze market risk and liquidity profiles of collateral and review client credit profiles
- Monitor global market dynamics and produce oversight analytics and reporting
- Present analyses and recommendations to CRMA leadership and decision-making forums
Required qualifications, capabilities, and skills
- Bachelor's Degree in a quantitative discipline
- At least 3 years of experience in a quantitative role, such as quantitative research or risk management
- Programming skills in Python, Matlab, R, or other scripting languages
- Understanding of risk management methodologies and product valuation
- Strong understanding of statistics
- Strong communication skills to articulate quantitative concepts clearly
- Ability to make sound decisions under constraints and challenge risk judgments
Preferred qualifications, capabilities, and skills
- Practical knowledge of Tableau or other business intelligence/data visualization tools
- Familiarity with marketable securities-backed loans and key risk drivers
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.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
