Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view
As a Credit Offer within the Risk Management team, you would be at the center of keeping JPMorgan Chase strong and resilient. You would help the firm grow its business in a responsible way by anticipating, identifying and managing new and emerging risks, and delivering high quality credit analysis of TCIO’s fixed income portfolio which includes diversified investments across securitized and non-securitized asset classes.
Job responsibilities
Perform in-depth credit analysis for various TCIO investments across the fixed income spectrum. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment approvals Participate in portfolio credit impairment projections as part of various Firmwide exercises including the industry-wide annual CCAR (Comprehensive Capital Analysis and Review) process and quarterly CECL (Current Expected Credit Losses) reserving process Work alongside senior team members on product specific analysis required to support risk discussions, including preparation and delivery of analytical presentations for various Senior Risk forums Participate in the development and maintenance of various credit loss models related to CCAR stress testing as well as CECL reserve projections. Liaise with independent Model Review teams to prepare model documentation, pass credible challenge and obtain usage approvals Partner with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology and Middle Office for other ongoing projects, thus contributing to continued build-out of the TCIO Credit Risk franchiseRequired Qualification
Minimum 3 years of relevant work experience in credit risk management within a financial organization or credit rating agency Undergraduate or Master’s degree in a relevant discipline Strong analytical background with sound understanding of financial statements, including ratio analysis, cash flow analysis, and fundamental knowledge of key accounting standards Excellent verbal and written communication skills, with an ability to deliver effective presentations to senior management Demonstrated ability to partner effectively across different businesses and functional areas Ability to work efficiently under pressure Independent and strong critical thinking skills, with thorough attention to detail Resourcefulness, and ability to multitask effectivelyPreferred qualifications, capabilities, and skills
Proficiency in Python or other analytical tools such as Alteryx & Tableau Knowledge of regulatory requirements for fixed income portfolio, including CCAR stress testing and CECL loss reserving Familiarity with Intex