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 a Capital Risk Vice President or Senior Associate in the Capital Risk Policy group, you support independent interpretation of regulatory capital requirements and provide effective challenge to capital-related methodologies. You help ensure consistent application of market risk capital requirements and associated governance. You deliver the firm’s capital risk objectives and maintain strong capital risk governance. You contribute to a collaborative environment focused on responsible growth and innovation.
Job responsibilities:
- Support the firm’s capital governance framework through independent challenge and policy interpretation
- Provide timely, well-supported challenge to internal capital policy guidance and exposure categorization
- Review market risk pricing models, analytical tools, and calculators for alignment with Market Risk Capital Rules
- Partner with model development and model risk/validation teams to track findings and support remediation
- Review proof of implementation testing of regulatory capital calculators
- Contribute to monitoring market and macroeconomic drivers to assess impacts on Risk-Weighted Assets and capital requirements
- Assist with scenario analysis to support capital planning and stress testing
- Work with Capital Risk Coverage, Analytics, and Technology teams to enhance dashboards and analytical tools
- Drive process improvement and automation in capital-related analysis and reporting
- Support ad hoc analysis and management/regulatory-ready materials for senior stakeholders
Required qualifications, capabilities, and skills:
- 2 years of relevant experience in Market Risk, Capital Risk, Capital Risk Policy, or related risk function
- Advanced degree in Finance, Mathematics, Financial Engineering, or related quantitative discipline
- Deep understanding of regulatory capital regulations, calculation methodologies, and governance for market risk / FRTB
- Working knowledge of regulatory capital frameworks and concepts relevant to market risk
- Good understanding of fixed income and equity market risk, including derivatives and hedging concepts
- Strong interpersonal skills and collaborative approach
- Organized and detail-oriented, able to manage multiple deliverables
- Proficiency in Excel and working experience with Python (or similar) for analysis and reporting
Preferred qualifications, capabilities, and skills:
- Experience supporting work tied to FRTB regulatory cycle in a GSIB
- Familiarity with Basel 2.5 and/or FRTB, GSIB, SLR, and TLAC
- Experience with process improvement and automation in capital-related analysis
- Ability to engage with model developers and review model documentation
- Experience working with cross-functional teams
- Strong communication skills
- Experience in a large financial institution
About Us
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.
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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- 2 years of relevant experience in Market Risk, Capital Risk, Capital Risk Policy, or a related risk function
- Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline
- Deep understanding of regulatory capital regulations, calculation methodologies, and market risk or FRTB governance
- Working knowledge of regulatory capital frameworks and market risk concepts
- Understanding of fixed income and equity market risk, including derivatives and hedging concepts
- Strong interpersonal and collaborative skills
- Organized and detail-oriented, with ability to manage multiple deliverables
- Proficiency in Excel and working experience with Python or similar tools for analysis and reporting
- Experience supporting FRTB regulatory cycles in a GSIB
- Familiarity with Basel 2.5, FRTB, GSIB, SLR, and TLAC
- Experience with process improvement and automation in capital-related analysis
- Ability to engage with model developers and review model documentation
- Experience working with cross-functional teams
- Strong communication skills
- Experience in a large financial institution
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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