Credit Risk

JOB DESCRIPTION DESCRIPTION: Duties: Evaluate market developments to develop appropriate stress tests and risk analyses on securities and derivatives portfolios.
Analyze and communicate results to credit officers and management.
Produce and evaluate Regulatory and Financial Stress Tests: CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses) Methodology.
Strategically improve the Stress Testing framework and tools.
Analyze results and identify trends.
Analyze new markets and products to recommend risk management and stress testing measures.
Support developments in methodology, analytical tools and governance of Loss Given Default (LGD).
Develop and review methodologies for Lending Value/ Initial Margin for clients’ securities/derivatives.
Support manager in designing control framework, procedures and implementation.
Partner with Credit Risk Officers, Business, Technology, Middle office and Finance in Global Private Banks and Firm-wide on projects.
Serve as the point person for the Credit Risk Management and Analytics group to liaise with Model Risk Governance to ensure the completeness of our Model Risk Inventory, and maintain proper control and training of the team.
Present complex technical concepts to technical and non-technical audiences.
Assist team members in handling day-to-day inquiries.
QUALIFICATIONS: Minimum education and experience required: Master’s degree in Operations Research, Finance, Mathematics or related field of study plus 5 years of experience in the job offered or as Credit Risk, Global Risk Analytics Manager, Analytics Analyst, or related occupation.
Skills Required: Requires experience in the following: Risk drivers for Capital Markets and Alternative Investments; Global project planning; gap analysis; UAT scripts; quantitative margin methodologies for marketable securities; independent statistical inference, problem solving for credit risk, and economic scenario development; delivering solutions within a matrix organization; Python; SQL; R; Tableau; Shiny; Jupyter; and LaTex.
Job Location: 277 Park Ave.
, New York, NY 10172.
Telecommuting permitted up to 40% of the week.
Full-Time.
Salary: $200,600.
00-$290,000.
00 per year.
ABOUT US JPMorgan Chase & Co.
, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.
P.
Morgan and Chase brands.
Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location.
For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success.
We are an equal opportunity employer and place a high value on diversity and inclusion at our company.
We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.
We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans ABOUT THE TEAM 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.