Risk Management - Specialized Market Risk Associate - CIO

JPMorgan Chase & Co. • New York, NY

11h

About The Position

As a Market Risk Specialized Risk Associate in the Chief Investments Office Market Risk team, you will perform coverage for the Firm's regulatory comprehensive capital analysis and review (CCAR) submissions, including execution of stress testing methodology, analysis of market risk drivers and communication of results to senior management. Additionally, you will stay up to date with market changes and analyze its impact to the portfolios. You will evaluate and implement updates to financial models used in market risk management, including challenges to proposed methodology, performing impact assessments, and coordinating model implementation timelines. Additionally, you will perform review of business processes and implement enhancements and automation to enhance capabilities and streamline infrastructure.  You will conduct analysis and consolidation of budget, forecast, CCAR Pushand risk appetite results and perform variance analysis while reviewing and challenging model outputs and results. You will also analyze macroeconomic variables and understand the impact to financial projections. You will also drive efficiencies and process improvements and be involved in driving technology initiatives, ensuring data integrity, accuracy and timeliness in all financial reporting and presentations.

Requirements

• Bachelor’s degree or higher in economics, finance, or a quantitative field.
• Minimum 3 years of relevant experience in derivatives (trading, sales, structuring, market risk, VCG, MGG, product control, or risk reporting).
• Strong knowledge of securitized product, interest rate, credit, or other fixed income markets.
• Understanding of market risk metrics (VaR, delta, gamma, etc.).
• Excellent written and verbal communications skills.  Must be able to communicate with a wide variety of functional groups.
• Ability to work independently with high attention to detail and lead.
• Strong in controls, project management, time management.
• Demonstrated effectiveness working independently and in multi-disciplinary teams.
• Organized and able to execute responsibilities with minimal supervision.

Nice To Haves

• Prior experience with Python is preferred.

Responsibilities

• Execute end-to-end regulatory stress testing processes supporting capital planning submissions.ng:
• Project macroeconomic variables using regression-based models and document key assumptions.
• Reconcile positions and exposures to official risk systems and investigate breaks to resolution.
• Estimate accumulated other comprehensive income impacts across stress horizons for fixed income portfolios, including Agency mortgage-backed securities, municipal bonds, collateralized loan obligations, US Treasuries, and international government bonds.
• Validate projected stress impacts using offline analytics, alternative models, and benchmarking techniques.
• Analyze market risk drivers and explain key results across scenarios, horizons, and products.
• Summarize stress testing outcomes into clear, senior-ready materials with a focus on key risks and sensitivities.
• Communicate results and methodology insights to partners in Strategy, Finance, and planning teams

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: Mid Level
• Number of Employees: 5,001-10,000 employees