Risk Management- Counterparty Credit Risk- Associate

Bring your expertise to JPMorganChase. 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.

CCR is seeking an Associate to join the Counterparty Risk team in Plano Texas. The successful candidate will conduct in-depth portfolio analysis stress testing and scenario analysis to assess counterparty portfolio exposures under various market conditions. Responsibilities include collaborating with stakeholders such as Credit Officers Technology Quantitative Research (QR) Product and Risk Reporting teams to enhance existing processes and develop tools for efficiency and automation. The candidate will work with team members and stakeholders across various locations to augment counterparty risk metrics develop strategic capabilities establish synergies & best practices and ensure accurate & timely delivery of teams objectives.

Job Responsibilities

Monitor portfolio risk metrics including Strategic Stress Exposure (SSE) Gross Market Concentrations (GMC) Wrong Way (WW) Risks and Stress Expected Losses (Stress EL) to ensure compliance with prescribed thresholds and tolerances.

Conduct ad-hoc deep-dives on market themes concentrated risks exposure trends and client positioning to evaluate potential emerging risks and identify risk management strategies.

Identify recommend and assist in developing methodologyframeworks (e.g. risk appetite limit etc) and solutions to optimize portfolio risk management and enhance decision-making processes.

Execute and analyze regulatory stress submissions (e.g CCAR EAD/MPE RWA capital etc.) for counterparty credit risk.

Prepareaccurate and timely analysis for regulatory and management requests on counterparty risks and stress.

Stay informed about the regulatory landscape stress testing requirements and methodologies to ensure compliance and best practices.

Collaborate with cross-functional teams including risk officers technology and risk reporting to ensure comprehensive analysis and reporting of counterparty exposures.

Contribute to firm-wide projects focused on key counterparty credit exposure metrics and technical enhancements.

Required Qualifications Capabilities and Skills

Bachelors degree in quantitative disciplines such as Financial Engineering Mathematics Physics Statistics Engineering Finance or Economics.

Over 3years of experience in risk management stress testing or portfolio analytics within a financial institution.

Strong understanding of the sensitivity (e.g. delta vega) of a derivative pricing and the product knowledge of futures/options/other derivatives

Strong understanding of financial markets with the ability to connect market events to portfolio risks.

Fundamental knowledge of collaterals margin requirement of counterparty portfolio.

Excellent analytical and problem-solving skills with an inquisitive nature and comfort in challenging current practices.

Strong communication and presentation skills capable of conveying complex information to diverse audiences.

Ability to work under pressure and deliver on multiple tight time-sensitive deadlines.

Innovative and creative thinker with the ability to improve current processes and achieve efficiencies.

Experience with coding and data visualization tools such as Python Tableauand SQL

Preferred Qualifications Capabilities and Skills

Masters degree or professional designations such as CFA CQF or FRM.

Experience in Market / Credit risk Trading or Trading middle office functions.

Strong product knowledge and quantitative skills across a broad range of asset classes and investment strategies.

To be eligible for this role you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).