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Summary

As a Credit Risk Measurement and Analytics (CRMA) lead in our team, you'll have the opportunity to manage credit risk oversight for various programs and activities within the Global Private Bank (GPB) and Wealth Management (WM). You'll be instrumental in managing risk measurement and stress testing frameworks, establishing collateral requirements, and measuring risk appetite. You'll work with a diverse range of stakeholders, including Risk organization, Lending & Trading Solutions providers, Lenders, Investors, and Finance. We operate on a global scale with teams in North America, EMEA, and APAC, and pride ourselves on managing risk intelligently and proactively, always putting our clients first and adhering to the highest industry standards.

CRMA operates a globally delegated coverage model with team members and partner teams located in North America, EMEA, and APAC. The team has a culture of actively managing risk through intelligent and proactive risk measurement, that is client focused, and adheres to the highest standards and best practices in the industry. 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.

CRMA operates a globally delegated coverage model with team members and partner teams located in North America, EMEA, and APAC. The team has a culture of actively managing risk through intelligent and proactive risk measurement, that is client focused, and adheres to the highest standards and best practices in the industry.

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 (or margin requirements) 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, Trading and Investment leads and heads of business; Understand regulatory requirements and commitments

• Become 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; Lead 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

• Lead 'review & challenge' engagements in partnership with business, risk, and support teams to evaluate stress testing results; Produce, and/or manage, stress testing deliverables as required; Support and/or produce ad-hoc (event-driven) stress testing as required; 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 risk leadership with periodic evaluations of risk appetite; Lead market risk oversight, limit monitoring, and limit construction for new initiatives for region or product

• 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 senior risk leadership with designing control frameworks, document related guidelines & execute implementation with business partners; Support New Business Initiative (NBIA) reviews as credit and/or market risk subject matter expert

• Lead operational & analytics uplifts; Lead data research projects to design new architectures to unlock new information; Lead reporting and metric design to create new information capabilities

Required Qualifications, Skills and Capabilities

• Undergraduate degree required

• 6+ years in an analytical, technical, trading, or research-oriented role in capital markets

• Broad financial product knowledge required

• Practical knowledge of Python and associated data analytics packages

• Practical knowledge of Tableau or other Business Intelligence (BI) / Data Visualization Tools, and Microsoft office suite (Excel/PowerPoint/Word)

• Excellent communication and interpersonal skills; Demonstrated mastery communicating technical capital markets concepts to a non-technical audience

• 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

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

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

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

Base Pay/Salary

New York,NY $123,500.00 - $208,000.00 / year