Risk Management -Country Risk Management – Associate

JPMorgan Chase & Co. • New York, NY

10h

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 associate within the Country Risk Management, you will be part of a team that evaluates countries across various factors – including macroeconomic, political, fiscal, and monetary – in order to assign the sovereign various internal risk ratings. In addition, the team measures country risk exposure and stress across the firm, monitoring this risk against country limits. These ratings and measures form the backdrop against which the team identifies and manages risk by country to help guide the firm’s trading, funding, doing credit analysis, and credit extension in foreign jurisdictions. The Country Risk Management team also assesses downside risk scenarios and their potential implications to the Firm, including contribution to firmwide capital stress testing exercises.

Requirements

• Undergraduate degree in economics, finance, mathematics, sciences or related discipline.
• Strong technical skills, including proficiency in Python, Alteryx and Tableau.
• Excellent analytical, problem-solving, and critical-thinking skills with a detailed oriented approach.
• Familiarity with credit or market risk products and measures and enthusiasm for understanding financial markets.
• Strong written and verbal communication; comfortable presenting and explaining complex topics.
• Team-oriented personality; ability to work in small teams across functions, regions and seniority levels.
• Pro-active attitude, intellectually curious, creative, adaptive, and self-motivated.

Nice To Haves

• Prior experience and understanding in the governance and development of risk methodologies a plus.
• Prior experience in risk management, product control or financial analysis a plus.
• Understanding of CCAR regulatory requirements and associated stress testing methodologies.
• Prior experience in financial sector a plus.
• Any other risk management experience.

Responsibilities

• Manage governance of Country Risk’s risk measurement methodology, as well as implementing changes to the group’s methodology to address business, product, and country developments.
• Support for Country Risk Management methodology projects and initiatives.
• Engage with Market Risk, Credit Risk, and business partners on enhancements to risk capture.
• Support Country Risk’s participation in firmwide capital stress testing exercises such as CCAR/CECL, Risk Appetite, and various legal entity level stress test exercises.
• Help maintain and develop qualitative models and systemic processes to ensure stress testing activities are accurate and relevant given evolving regulatory and internal model review expectations and standards.
• Stay informed about changes in regulatory guidelines and industry best practices, particularly related to capital stress testing.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level