DescriptionJPMorgan Chase is seeking an Associate to join our Risk-Weighted Assets group within the Chief Investment Office.
As a Risk-Weighted Assets Associate in the Capital Management team you will be responsible for end-to-end oversight of the firms capital management framework to ensure the firm is compliant with regulatory capital requirements and maintains fortress principles related to capital levels capital distributions/buy-backs capital stress testing and internal capital will work in close partnership with stakeholders within Risk the Business and other Finance functions around the world to ensure a cohesive global approach to capital management.
The Basel Measurement and Analytics group within Capital Management produces and analyzes firm-wide Counterparty Credit risk regulatory capital results on a monthly basis. The team is responsible for implementation of Basel rules and enhancement to the Basel reporting infrastructure. You will work closely with Lines of Business Model Implementation Technology and Regulatory Policy to advance the Firms capital agenda in Retail Credit and Other Assets risk stripe.
Job Responsibilities:
- Performs deliverables related to production of Retail Credit Risk RWA. Analyze RWA perform trend analysis forecast-to-actual results variances and provide insights for stakeholders and senior management
- Provide technical expertise and recommendations in gathering and documenting requirements analyzing customer needs and designing technical solutions
- Develop solutions primarily using Python and SQL Queries and also other tools like Data bricks Alteryx
- Performs quantitative impact studies (QIS) for regulatory agencies. Understand the upcoming rules and regulations in Retail domain determine data gaps draft resolution plans and create implementation processes for reporting
- Partners with risk management lines of business and technology teams to identify and remediate data quality issues. Tracking and management of issues through to resolution
- Implements new business initiatives model updates collaborating with stakeholders and partnering with Technology
Required qualifications capabilities and skills:
- Bachelors degree in Finance/Quantitative Finance Major/CFA charter holders having strong technical skillset OR Computer Science graduates with Finance industry background
- High degree of passion for application / solution development the ability to rapidly learn and apply new technologies to meet business goals is critical
- Good interpersonal oral and written communication skills to collaborate effectively
- Ability to multi-task decide prioritization and capability to make decisions organized self-motivated and be a team player
- Strong analytical and problem solving skills with focus on attention to detail and process-orientation
- Should be in a position to develop intelligent automated solutions on Data bricks platform using Python (PANDAS Marplot) and SQL alchemy for in depth data analytics data transformations and calculations.
- 3years of experience with a proven track record of problem solving developing solutions addressing real scenarios in Banking/Finance.
Required Experience:
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