Wholesale Credit Risk Management - Counterparty Risk - Vice President

Job Description
Bring your expertise to JPMorganChase. 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 Counterparty Vice President on the Quantitative Research (QR) Wholesale Credit team, you will be responsible for Counterparty Credit Risk (CCR) coverage in the newly formed CCR QR team, with a particular focus on central counterparty (CCP) Credit Risk.
Job Responsibilities

• Serve as a subject matter expert for CCP quantitative related issues.
• Create and maintain models and tools in Athenas/Python to assess adequacy of CCP margin requirements of cleared derivatives.
• Develop models and tools to support the evaluation of the efficacy of risk frameworks.
• Develop statistical models and tools for the assessment and management of counterparty credit risk.
• Design and implemen software framework for counterparty credit risk in Python, delivering results through dashboards.
• Partner with control teams for ongoing model and risk governance.
• Engage tech partners to deploy the models to Credit Officer's desktops.

Required Qualifications, Capabilities and Skills

• Minimum of Masters degree in a quantitative discipline
• 5 years of experience in Wholesale Credit Risk, Counterparty Risk, Quantitative Research, Quantitative Strategy or similar area
• Substantial experience with Python or C++
• Solid understanding of cleared products, risk management methodologies (VAR and stress testing) across all asset classes
• Strong communication/partnership skills and attention to detail - ability to clearly and logically articulate information, both verbally and in writing
• Strong risk and control mindset
• Ability to deliver on multiple time sensitive timelines

Required Qualifications, Capabilities and Skills

• Prior experience with technical writing

About Us
JPMorganChase, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.