Risk Management - Credit Management & Analytics - Executive Director

JPMorgan Chase & Co. • New York, NY

1d

About The Position

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 an Executive Director within the Credit Risk Measurement and Analytics Team
(CRMA), you will be responsible for global oversight of (a) risk measurement of
marketable securities that are pledged to secure loans, (b) risk measurement of
derivatives transacted by clients, (c) global stress testing including multiple
regulatory engagements, (d) market risk emanating from Global Private Bank (GPB)
and JPMorgan Wealth Management activities including trade facilitation and
balance sheet management. Risk measurement frameworks include the frameworks to
establish margin requirements and lending values to secure credit exposure;
stress frameworks to test for sufficient collateral, and establish reserves; and
risk appetite frameworks.
CRMA’s key stakeholders include the global Credit Risk
organization; Lenders, Investors and Finance.

J.P. Morgan Asset & Wealth Management delivers industry-leading investment
management and private banking solutions. Asset Management provides individuals,
advisors and institutions with strategies and expertise that span the full
spectrum of asset classes through our global network of investment
professionals. Wealth Management helps individuals, families and foundations
take a more intentional approach to their wealth or finances to better define,
focus and realize their goals. Risk Management helps the firm understand, manage
and anticipate risks in a constantly changing environment. The work covers areas
such as evaluating country-specific risk, understanding regulatory changes and
determining credit worthiness. Risk Management provides independent oversight
and maintains an effective control environment.

Requirements

• 7+ years’ experience in risk management related to Securities-Based Lending, Market Risks, Derivatives, and Stress testing.
• Knowledge of risk drivers for Capital Markets and Alternative Investments.
• Excellent analytical skills including gap analysis, statistical modeling.
• Knowledge of Python, R Coding, Tableau, LLM, and statistical analysis.
• Excellent communication and interpersonal skills.
• Results driven and experienced with project planning and management.
• Undergraduate degree required

Nice To Haves

• Graduate degree in Finance/Financial Mathematics/CFA a plus.

Responsibilities

• Evaluate markets to develop appropriate stress tests and risk analyses on securities, derivatives and collateral portfolios. Analyze and communicate results to credit officers and management.
• Perform and analyze regulatory and financial stress tests, e.g. CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses).
• Review, manage and evaluate opportunities to improve Stress Testing framework and tools.
• Analyze new markets and/or products and recommend risk measurement framework and risk requirements to lend or trade.
• Support developments in /methodology, analytical tools and governance of Loss Given Default (LGD).
• Develop, review and evaluate opportunities to improve methodologies and challenge frameworks owned by first and second line of defense for Lending Value and Initial Margin requirements.
• Develop risk measurement solutions for complex client or transactional engagements.
• Partner with Credit Risk Officers, Business, Technology, Middle office and Finance in GPB and Firm-wide on projects relevant for risk measurement.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees