Resolution & Recovery Model Development - Senior Associate

JPMorgan Chase & Co.•New York, NY

7d•$109,250 - $150,000•Hybrid

About The Position

Join JP Morgan Chase’s Commercial & Investment Bank (CIB) Resolution & Recovery team and help shape how a leading global markets franchise prepares for and responds to recovery and resolution scenarios. As a Senior Associate, on the Resolution & Recovery team within Treasury, you will be responsible for building and enhancing models that inform wind-down and business packaging strategies across major asset classes (Rates, Equities, Fixed Income and FX). You’ll partner closely with finance, model risk, front office and corporate stakeholders to quantify liquidation costs, estimate liquidity impacts and assess Risk-Weighted Assets (RWA) implications. You’ll help deliver insights that inform senior leadership decisions while ensuring alignment with regulatory expectations at JP Morgan Chase, a leading investment Global Systemically Important Bank (G-SIB). The primary office is Brooklyn; expected to work from Manhattan periodically.

Requirements

4+ years of experience in model development, review or analytics
Advanced degree in Economics, Finance, Science, Accounting or a related field.
Hands-on experience with aspects of the model lifecycle, including model selection criteria, assumption justification, sensitivity testing, implementation support, documentation and control discipline
Strong prioritization skills and ability to manage work across multiple models and deliverables
Initiative-taking and self-organized with the ability to solve problems independently
Ability to distill information clearly, which ranges from discussing detailed modeling methodologies with Model Risk to summarizing approaches and key information with senior management
Comfortable with detailed independent analysis and coordinating inputs from others

Nice To Haves

Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk or valuations
Technical skills including Python, SQL and/or Snowflake

Responsibilities

Develop and enhance models within the CIB Recovery & Resolution model suite
Design packaging and unwind methodologies in partnership with stakeholders across markets and risk
Quantify key impacts including liquidation costs, liquidity effects, and RWA outcomes under stress scenarios
Produce high-quality model documentation with strong attention to detail and control standards
Communicate clearly and confidently explain methodologies, limitations, findings, and solutions to Model Risk and senior management through regular updates and presentations
Challenge assumptions and improve the framework through sensitivity testing, benchmarking, and structured problem-solving
Serve as a primary point of contact for Model Risk, supporting effective model oversight and governance
Collaborate with technology and change partners to implement and sustain model enhancements in production