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 forumsRequired 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 judgmentsPreferred 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