Risk Management - Capital Risk Management - Associate

JPMorgan Chase & Co.•New York, NY

1d•$97,850 - $152,000

About The Position

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 Associate in Capital Risk Management, you will provide independent oversight of capital risk across the firm. CRM’s responsibilities include: defining, monitoring and reporting capital risk metrics; establishing, calibrating and monitoring capital risk limits and indicators, including capital risk appetite; developing processes to classify, monitor and report capital limit breaches; performing assessments of the firm’s capital management activities, including changes made to the Contingency Capital Plan; and conducting independent review of the firm’s interpretation of and compliance with the applicable regulatory capital.

Requirements

2+ years experience in capital, liquidity, market risk and / or other risk areas; Treasury / Finance background
Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline; certification or enrollment in CFA
Demonstrated proficiency in one or more of the following areas: LLM, Python, Tableau, Snowflake, Databricks, SQL, dashboard building
Ability to quickly grasp new / unfamiliar concepts and assess potential risks to the firm’s capital position
Strong knowledge of financial markets and various asset classes (retail and wholesale loans, repos, margin loans, OTC derivatives, trading securities etc.)
Understanding of balance sheet and income statement fundamentals
Experienced in data-driven and fluent storytelling via PowerPoint and adept at using Excel
Excellent oral and written communication skills with ability to explain technical concepts in practical terms
Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
Demonstrate high ownership, self-starter attitude, ability to work independently and prioritize key tasks effectively
Superior attention to detail and process management

Nice To Haves

Advanced degree in FRM programs would be a plus

Responsibilities

Monitor regulatory capital metrics against capital risk limits and indicators; ensure accuracy of capital metrics being reported; analyze and escalate breaches as needed
Guide process improvements and automations and develop new analytical capacities leveraging AI, LLM, etc.
Analyze variances in capital metrics (such as Risk Weighted Assets, Leverage Exposure, CET1, Tier 1, Total Capital, TLAC and LTD capital)
Independently assess, review, and challenge the firm’s capital management activities such as capital forecasts, capital actions, RWA / SCB / GSIB optimizations, internal targets, allocations, stress-test (CCAR) scenarios and results
Conduct deep dives impacting firm’s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present findings to senior management
Prepare board-level analysis and supporting presentations for senior / executive management forums
Monitor current and emerging risks across asset classes under coverage; stay up-to-date with market news, regulations and peer bank activity
Frequent interactions with the key members of capital management, capital P&A, line of businesses, controllers and various support functions