2026 Commercial & Investment Banking - Risk Management Program - Summer Internship - London

Job Description
Come work with our industry experts to identify, assess and manage risk for our global businesses. You will work with people of all levels across the firm, develop a broad understanding of products and their risks, build your professional network, and develop your expertise in a diverse team environment. Working here means joining a collaborative, supportive team. We want your diverse perspective to help us innovate the next wave of products and solutions for our clients. You'll have what you need to succeed - from training and mentorship from senior leaders to projects that engage all your skills.
What You Can Expect
Understanding, mitigating and managing risk is at the forefront of how we do business, and critical to our current and future success. Risk managers help manage our financial reputations and regulatory performance, while working across the business to shape decisions, influence models and interface with regulators.
The nine-week summer program starts with a five day induction and training session. Expert instructors and JPMorganChase professionals will teach you about our history, our products and the intellectual property that serve our clients. You'll build your technical and practical knowledge on-the-job with opportunities in one of the chosen risk teams listed below:

• The Credit Risk Team works in partnership with areas of the Commercial and Investment Bank and is responsible for assessing client credit strength and approving and managing the firm's retained credit risk. This risk (i.e. the risk of default) can relate to underwriting, lending and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange and other products.
• The Market Risk Team works in partnership with the CIB trading businesses. The team tracks market events, performs portfolio analysis and provides risk advisory for multiple asset classes including FX, Rates, Equities, Credit, Securitized Products, and Commodities retained by the firm. Market Risk engages in discussions with all levels of management on the firm's risk appetite ahead of and during major market events.
• The Chief Investment Office, Treasury and Corporate (CTC) Risk Team is an independent risk function that manages the risk of the retained portfolio generated from the CTC businesses and includes Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also responsible for the independent risk management of Firmwide Liquidity Risk, Interest Rate Risk, and Capital Risk.

The program is an opportunity to take your career to the next level through hands-on experience, relevant training and valuable professional networking. The internship will take place in JPMorganChase's EMEA headquarters in London and successful candidates may receive offers for full-time employment within graduate programmes for the following year in the location specified in the application.
Job Responsibilities

• Risk Monitoring: Track, analyse, perform due diligence across counterparty/product
• Financial Modelling: Build financial models to support risk management
• Partnership: Work closely with the CIB businesses setting their risk appetite
• Global Events: Contribute to stress exercises in response to market events
• Reporting: Prepare reports with recommendations for senior management
• Market Evaluation: Assist in evaluating market moves that could impact the firm

You'll have the chance to:

• Learn from the Best: Understand risk management at a premier global investment bank
• Collaborative Problem-Solving: Work across the organization to identify and solve problems
• Innovative Solutions: Develop creative solutions to complex challenges
• Relationship Management: Manage relationships with clients, regulators, and stakeholders
• Integrity & Transparency: Learn the importance of these values in dealing with regulators, clients, and partners

Required qualifications, capabilities and skills
Key skills include:

• Analytical: Exceptional quantitative, project management, and communication skills
• Communication: Excellent written and oral communication skills in English
• Financial Markets: A keen interest in global financial markets and robust investigative and quantitative skills
• Flexibility: Energetic and confident approach, thriving in a fast-paced, collaborative environment
• Multi-Tasking: Ability to handle multiple tasks and work under pressure
• Tech Skills: Proficiency in Microsoft Excel, Word, and PowerPoint
• Diverse Backgrounds: We welcome applications from all degree disciplines, especially those who enjoy numerical and quantitative work
• Graduation Date: Between December 2026 and August 2027

Preferred Qualifications

• Coding Skills: Experience in Python or similar coding is advantageous
• Personal qualities: Demonstrable interests and achievements beyond academia that showcase your unique contributions that you could bring to the team.

Beyond that, what we're most interested in are the things that make you, you: the personal qualities, outside interests and achievements beyond academia that demonstrate the kind of person you are and the difference you could bring to the team.
Please note, not all hiring desks require specific languages however there will be some that do. Please ensure you list your language fluency skills on your application form to help us identify the most appropriate opportunities for you.
We will be filling our classes on a rolling basis. We strongly encourage you to submit your application as early as possible before job postings close.
What's next?
Application Deadline: 9 th November 2025
Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it's important to complete all relevant application questions so we have as much information about you as possible.
To start the application, you will be prompted to enter your email address. Your email address will be used to create and maintain your profile so make sure it is one you will have long term access to. Do not use an email address with ".edu or .ac.uk" extension as doing so could result in delays receiving updates regarding your candidacy. After you confirm your application, we will review it to establish suitability for the role you have applied for.
If you are advanced to the next step of the process, you'll receive an email invitation to complete a video interview, powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers. These questions will focus primarily on your interest in the financial services industry and present you with an opportunity to showcase your motivations to join JPMorganChase and the relevant Risk Management department.
The HireVue process is required, and your application will not be considered for further review until you have completed these three questions. We strongly encourage that you apply and complete these required elements as soon as possible, since programs will close as positions are filled.
The Super Day process where required contains interviews and a case study, instructions of which will be sent to you before the Super Day. You can expect a lead time of about four weeks between completing your HireVue and finding out if you have been invited to a Super Day.
JPMorganChase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and experiences. We strive to hire qualified, diverse candidates, and we will provide accommodations for known disabilities.
Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.