JPMorgan Chase
Risk Management – Credit Risk Management – Senior Associate – Chief Investment O
JPMorgan Chase, New York, New York, us, 10261
Join JPMorgan Chase in Risk Management and Compliance, where you’ll play a crucial role in maintaining the firm’s strength and resilience. Use your expertise to anticipate risks and solve challenges that affect our company and communities. Our culture encourages innovative thinking and excellence. As part of the Treasury and Chief Investment Office, you’ll manage credit risk for the firm’s diverse investment portfolio, including fixed income products like asset-backed securities and government bonds. As an Associate in Credit Risk Management – Treasury and Chief Investment Office (TCIO), you will play a critical role in identifying and managing evolving risks. You’ll conduct credit risk due diligence on both new and existing investments across various fixed income products like CMBS, RMBS, ABS, CLO, and Municipal Bonds. You’ll stay on top of market developments, assessing their impact on our portfolio and engaging in discussions with senior management and portfolio managers. Additionally, you’ll contribute to the team’s innovation agenda by developing creative solutions and strategies that enhance our risk management processes and drive forward-thinking investment decisions.
Job Responsibilities
Perform in-depth credit analysis for various TCIO investments. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment decisions
Work alongside senior team members on product‑specific analyses required to support risk discussions and thematic deep dives. This includes preparation and delivery of analytical presentations for various senior risk forums
Participate in projecting portfolio credit impairment or estimating credit reserves as part of various firmwide exercises like CCAR and CECL
Contribute to development and maintenance of regulatory stress testing and reserve provisioning models
Collaborate with Portfolio Managers, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology, and Middle Office for ongoing projects, contributing to continued development of the TCIO Credit Risk franchise
Required Qualifications
Strong analytical background with a sound understanding of, or deep interest in, various fixed income products, securitization, and financial statement analysis
Strong risk and control mindset, with the ability to ask incisive questions, work collaboratively with cross‑functional teams across geographic time‑zones, assess risk and mitigants, and elevate appropriately
Self‑motivated and willing to take initiative, ability to multitask effectively
Excellent verbal and written communication skills, with the ability to summarize complex information and deliver it at business executive level
3 years of relevant work experience in credit risk management within a financial organization or a credit rating agency
An excellent academic record with a bachelor’s degree in finance, economics, business administration, engineering, mathematics, or a related discipline
Preferred Qualifications
Proficiency in advanced analytical languages such as Python, R
Knowledge of regulatory stress testing and reserve provisioning frameworks, such as CCAR and CECL, and the resultant requirements for fixed income investment portfolios
Compensation and Benefits Base Salary: New York, NY $135,000.00 – $150,000.00 / year. Commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, may be available. Additional 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.
EEO Statement 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
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Job Responsibilities
Perform in-depth credit analysis for various TCIO investments. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment decisions
Work alongside senior team members on product‑specific analyses required to support risk discussions and thematic deep dives. This includes preparation and delivery of analytical presentations for various senior risk forums
Participate in projecting portfolio credit impairment or estimating credit reserves as part of various firmwide exercises like CCAR and CECL
Contribute to development and maintenance of regulatory stress testing and reserve provisioning models
Collaborate with Portfolio Managers, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology, and Middle Office for ongoing projects, contributing to continued development of the TCIO Credit Risk franchise
Required Qualifications
Strong analytical background with a sound understanding of, or deep interest in, various fixed income products, securitization, and financial statement analysis
Strong risk and control mindset, with the ability to ask incisive questions, work collaboratively with cross‑functional teams across geographic time‑zones, assess risk and mitigants, and elevate appropriately
Self‑motivated and willing to take initiative, ability to multitask effectively
Excellent verbal and written communication skills, with the ability to summarize complex information and deliver it at business executive level
3 years of relevant work experience in credit risk management within a financial organization or a credit rating agency
An excellent academic record with a bachelor’s degree in finance, economics, business administration, engineering, mathematics, or a related discipline
Preferred Qualifications
Proficiency in advanced analytical languages such as Python, R
Knowledge of regulatory stress testing and reserve provisioning frameworks, such as CCAR and CECL, and the resultant requirements for fixed income investment portfolios
Compensation and Benefits Base Salary: New York, NY $135,000.00 – $150,000.00 / year. Commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, may be available. Additional 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.
EEO Statement 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
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