Lead FRTB market risk capital with AI‑powered analytics; build regulator‑ready solutions with cross‑functional partners.
Shape the future of market risk at JPMorgan Chase. As a Senior Associate/Vice President in Market Risk Fundamental Review of the Trading Book (FRTB), you’ll sit at the center of the firm’s capital strategy—partnering with Quantitative Research, Technology, and the Business to deliver robust, scalable, regulator‑ready solutions. You’ll harness Artificial Intelligence and automation to elevate analytics, accelerate decisions, and strengthen resilience across in‑scope trading businesses.
In this role, you will lead implementation and ownership of the FRTB capital framework under both IMA and SA, support related requirements (e.g., SA CVA), and drive advanced analytics that inform regulatory submissions and senior management decision‑making. You’ll serve as a subject matter expert, translating evolving regulation into practical solutions while championing AI/LLM and enterprise data strategy to enhance market risk analytics, controls, and governance.
Job responsibilities
- Lead end‑to‑end FRTB implementation across Internal Models Approach (IMA) and Standardized Approach (SA), partnering with Quantitative Research (QR), Market Risk Technology, Regulatory Capital Management, Model Risk, Product Control, Capital Risk & Policy, and Business stakeholders.
- Design, develop, and own market risk capital analytics modules to support regulatory submissions, supervisory reviews, and senior management decisions.
- Run scenario analyses for proposed and evolving rules across desks, products, and legal entities, ensuring robustness, transparency, and auditability.
- Own and enhance capital calculation and attribution processes, documentation, controls, and governance.
- Translate regulatory and business requirements into scoped, prioritized deliverables; manage timelines, risks, and stakeholder communications.
- Produce, analyze, and explain capital results for regulatory and internal reporting; represent the firm in industry and regulatory forums when needed.
- Advance the adoption of AI/LLM and data product solutions to improve market risk analytics, automation, and strategic decision‑making.
Required qualifications, capabilities, and skills
- Advanced degree in Mathematics, Engineering, Economics, Computer Science, or related field; 3 or more years in Market Risk Capital, Market Risk Coverage, Valuation Control, or similar functions.
- Broad understanding of market risk concepts across asset classes and financial products.
- Strong quantitative, analytical, and problem‑solving skills for complex challenges.
- Track record delivering complex technical/analytical projects end‑to‑end with high‑quality outcomes.
- Excellent leadership, communication, and influencing skills; ability to present to senior stakeholders.
- Proven process and control mindset; self‑motivated, detail‑oriented, innovative; effective under tight deadlines.
- Strong stakeholder management; ability to translate end‑user needs into clear user, functional, and non‑functional specifications for development teams.
Preferred qualifications, capabilities, and skills
- Knowledge of quantitative finance, trading strategies, and financial regulations, particularly Basel III / FRTB.
- Experience independently delivering analytical or regulatory projects with senior stakeholder exposure.
- Hands‑on application of AI, LLM, or advanced data analytics to enhance risk analytics, automation, controls, or decision‑making.
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
- Advanced degree in Mathematics, Engineering, Economics, Computer Science, or related field
- Three or more years in Market Risk Capital, Market Risk Coverage, Valuation Control, or similar functions
- Broad understanding of market risk concepts across asset classes and financial products
- Strong quantitative, analytical, and problem-solving skills
- Track record delivering complex technical/analytical projects end-to-end
- Excellent leadership, communication, and ability to present to senior stakeholders
- Proven process and control mindset; detail-oriented and effective under tight deadlines
- Strong stakeholder management and ability to translate end-user needs into specifications for development teams
- Knowledge of quantitative finance, trading strategies, and Basel III / FRTB
- Experience delivering analytical or regulatory projects with senior stakeholder exposure
- Hands-on application of AI, LLM, or advanced data analytics to enhance risk analytics or automation
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 comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
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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