Capital Risk Management Coverage – Associate

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Capital Risk Management Coverage – Associate in 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 is all about thinking creatively, challenging the status quo, and striving to be best-in-class.

In this role you will be exposed to the entire firm’s balance sheet and capital, giving you an opportunity to build the understanding of how the firm operates. You will be driving independent assessment, measuring, monitoring, and controlling capital risk across the firm. You will act as a key member of a dynamic team which ensures that the firm maintains an adequate level and composition of capital to support its business activities and associated risks, both in normal economic conditions and during periods of stress.

You will be juggling multiple responsibilities demonstrating your knowledge of capital and understanding of the implications of the requirements variability across the products and regions. As the second line of defense, your expertise and dedication will be key in maintaining a strong internal control framework and earning our stakeholders' trust, allowing us to keep delivering effective solutions that drive the success and growth of the business.

Job Responsibilities

• Drive an independent evaluation of the firm's capital management activities, including the assessment of internal minimum capital targets, post-stress internal minimums, and capital allocation results across the firm and key legal entities.
• Extract insights on capital by performing thorough analysis of the capital and risk-weighted assets metrics for the firm as well as key legal entities and create impactful presentations for the senior management to empower decision making.
• Monitor capital metrics against established risk limits and indicators, and promptly escalate any breaches, applying critical thinking skills to suggest potential actions.
• Participate in the scenario analysis and stress-testing exercise, analyzing the potential impacts on the firm's Capital.
• Conduct in-depth analyses on factors affecting the firm's capital, such as changes in regulatory requirements, firm risk profiles, balance sheet, and market dynamics, and present findings to senior management.
• Use analytical and statistical techniques to enhance the monitoring of risk-based and leverage-based capital metrics.
• Collaborate seamlessly with members of capital management, capital planning and analysis (P&A), controllers, and various support functions leveraging the vast expertise of the different teams within firm.
• Embrace a culture of innovation and experimentation, constantly exploring ways to improve current processes and suggest ideas.
  
  

Required Qualifications, Capabilities And Skills

• Experience in capital, liquidity and/or market risk. Background in other areas of Risk, Treasury or Finance will be considered.
• Knowledge of financial markets and various asset classes
• Understanding of balance sheet and income statement
• Highly adaptable, thriving in an environment where things change quickly and where innovative approaches and experiments.
• Lateral thinker with a commitment to getting things done and good problem-solving skills.
• Good partnership and communication skills, including credibility & ability to convey complex concepts to both technical and non-technical stakeholders.
• Strong academic background with a minimum bachelor’s degree. JPMorgan recruits from all academic disciplines.
• Minimum 3 years’ experience in Risk or Capital Management.
  
  

Preferred Qualifications, Capabilities And Skills

CFA/FRM Certification

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.

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.