About The Position

Come work with our industry experts to identify, assess and manage risk for our global businesses. You will work with people of all levels across the firm, develop a broad understanding of products and their risks, build your professional network, and develop your expertise in a diverse team environment. Working here means joining a collaborative, supportive team. We want your diverse perspective to help us innovate the next wave of products and solutions for our clients. You’ll have what you need to succeed – from training and mentorship from senior leaders to projects that engage all your skills. Understanding, mitigating, and managing risk is at the forefront of how we do business, and critical to our current and future success. Risk managers help manage our financial reputations and regulatory performance, while working across the business to shape decisions, influence models and interface with regulators. The nine-week summer program starts with a five-day orientation and training session in New York. Expert instructors and J.P. Morgan professionals will teach you about our history, our products and the intellectual property that serve our clients. During training, you will learn skills that include valuation analysis, accounting, corporate finance, economics, equity capital markets, debt capital markets and risk analysis. You'll build your technical and practical knowledge on-the-job with opportunities in one of the groups listed below. We have opportunities in the following locations: New York, NY; Chicago, IL. The Credit Risk Team works in partnership with areas of the Commercial and Investment Bank and is responsible for assessing client credit strength and approving and managing the firm's retained credit risk. This risk can relate to underwriting, lending, and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange, and other products. Available locations: New York, NY; Chicago, IL

Requirements

  • Exceptional quantitative, analytical, project management, and communication skills
  • Strong initiative, energy, and confidence, and the ability to thrive in a fast-paced, collaborative environment
  • Knowledge of Excel and Word and fluency in English
  • Attend college/university in the U.S.
  • Minimum cumulative GPA of 3.2 on a 4.0 scale.
  • Expected graduation date of December 2026 – June 2027 from bachelor’s or master’s program
  • If you are pursuing a master’s degree, it must be completed within 2 years of your bachelor’s degree
  • To be eligible for this program, you must be authorized to work in the U.S. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, JPMorgan Chase, will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT.)

Nice To Haves

  • Coursework in finance or economics a plus
  • We will be filling our classes on a rolling basis. We strongly encourage you to submit your application as early as possible before job postings close

Responsibilities

  • Performing analysis/due diligence on a counterparty/product
  • Monitoring risk sensitivities across team member counterparties and the portfolio as a whole
  • Building financial models
  • Contributing to analytical exercises in response to global events
  • Preparing reports to outline recommendations to senior management
  • Assisting in evaluating market moves that could cause losses to the firm

Benefits

  • comprehensive health care coverage
  • on-site health and wellness centers
  • a retirement savings plan
  • backup childcare
  • tuition reimbursement
  • mental health support
  • financial coaching
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service