Risk Management - Counterparty Portfolio Analytics and Stress Testing - Senior Associate

Job 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 Counterparty Credit Risk Associate within Risk Management and Compliance, you will be at the center of keeping JPMorgan Chase strong and resilient. You will 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.
Job responsibilities

• Build and maintaining Counterparty risk monitoring frameworks, for existing metrics and new emerging risks
• Contribute to BAU stress testing, Regulatory and Annual CCAR exercises which includes detailed Risk Identification, Scenario Design and Stress Testing on traded products
• Propose thresholds and limits to monitor firm wide concentrations, trends, stress behavior, and impacts on limits/risk appetite
• Contribute to firm-wide projects around key counterparty credit exposure metrics and technical enhancement
• Develop deep dives and touch points with partners in risk with respect to counterparty credit exposure/risks, providing guidance and training to Credit Officers on material methodology releases or model limitations, and helping guide methodology and policy updates
• Manage and contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements
• Drive outcomes in identifying, analyzing, monitoring, and reporting on inherent risks within counterparty exposures, self-starter
• Formulate views around product risk appetite and be able to review and challenge business stakeholders' risk related questions

Required qualifications, capabilities, and skills

• Undergraduate degree with 3 years of relevant work experience; Bachelor's degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, and/or Economics.
• Knowledge of risk management, including scenario analysis and stress testing. Good understanding of quantitative concepts relating to credit exposure, risk sensitivity, and stress testing. Familiarity with NCMR, SIMM, VaR, or other margin methodologies.
• Demonstrated interest in and knowledge of global financial markets and strong intuition regarding their impact on our business.
• Excellent analytical and problem-solving skills; inquisitive nature and comfort in challenging current practices.
• Strong communication and interpersonal skills to be leveraged in executive governance and senior management forums.
• Must be able to work under pressure and deliver on multiple tight, time-sensitive timelines.
• Innovative and creative thinking. Ability to improve current processes and achieve efficiencies.
• Prior experience with coding and data visualization tools such as Python, Alteryx, SQL, and Tableau.

Preferred qualifications, capabilities, and skills

• Experience in Credit, Trading, or Trading middle office functions. Master's degree, CFA, CQF, or FRM designations are preferred.
• Sufficient product knowledge and quantitative skills with a broad range of traded asset classes and investment strategies are a plus.

About Us
JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.