Risk Management - Credit Risk Measurement and Analytics - Analyst

Posting Description

Bring your expertise to JPMorgan Chase. 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 a Risk Management- Credit Risk Measurement and Analytics-Analyst, you'll be 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.

Credit Risk Measurement and Analytics (CRMA) manages credit risk oversight of marketable-securities-backed lending programs, capital markets activities, derivative programs, and principal market risk for the Global Private Bank (GPB) and Wealth Management (WM). CRMA also manages associated risk measurement and stress testing frameworks. Frameworks include (a) methods to establish collateral requirements to secure credit exposure; and (b) stress testing for sufficient collateral, establishing reserves; and measuring risk appetite. CRMA's key stakeholders include the Risk organization; Lending & Trading Solutions providers, Lenders, Investors and Finance.

Job Responsibilities

• Support front-office investment and lending decision makers in understanding CRMA's methodologies; Cover designated regions and product desks as methodologies expert; Support deal process through construction of lending values for new or complex asset classes, deal structures, and strategies; Partner with Quantitative Research ("QR") to review, assess, and recommend monthly Lending Value Changes and communicate to Chief Risk Officers, Global & Regional Lending leads and heads of business.

• Act as an expert on global market dynamics, risk scenario construction, and interpretation; Analyze impact of events to lending values, margin requirements, and clients; Produce oversight analytics & reporting, as needed; Support senior CRMA members in event driven risk reviews; Present analyses and recommendations to CRMA leadership, and risk management & front-office decision-making forums

• Analyze market risk and liquidity profiles of collateral; Review credit profiles of clients; Understand client strategies

• Partner with business and support teams to evaluate results of established stress testing; Produce stress testing deliverables as required; Support and produce ad-hoc (event-driven) stress testing; Partner with global front-office, risk management, and support teams in periodic production of global regulatory deliverables (e.g. Comprehensive Capital Analysis and Review); Support senior CRMA team members with periodic evaluations of risk appetite; Support CRMA leadership with market risk oversight, limit monitoring, and limit construction for new initiatives

• Partner with QR, credit risk, and front-office teams to develop and review models, methodologies, and assumptions for Lending Value / Initial Margin for clients' securities / derivatives activity; Partner with firmwide QR and front-office teams to review and challenge existing models, assumptions, and analytics associated with stress test production; Partner with firmwide QR, credit risk, and front-office teams to enhance existing and new analytic tools; Support CRMA leadership with designing control frameworks, document related guidelines & execute implementation with business partners

• Support CRMA leadership in operational uplifts; Support data research projects to design new architectures to unlock new information; Support reporting and metric design to create new information capabilities

Required Qualifications, Skills and Capabilities

• Undergraduate degree required

• Experience in an analytical, technical, trading, or research-oriented role

• Broad financial product knowledge required

• Practical knowledge of Microsoft office suite (Excel/PowerPoint/Word)

• Excellent communication and interpersonal skills

• Good team player, and high sense of ownership

Preferred Qualifications, capabilities and skills

• Academic concentrations in technical disciplines preferred

• Graduate degree, or professional designations a plus

• Professional experience in credit risk management, market risk management, or with derivatives a plus

• Academic background in, or professional experience with, financial mathematics, quantitative risk methodologies, and/or data science

• Practical knowledge of Python and associated data analytics packages (preferably in a professional environment)

• Practical knowledge of Tableau or other Business Intelligence (BI) / Data Visualization Tools

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans