Join the dynamic team at J.P. Morgan Wealth Management (WM), a line of business within Community Consumer Banking, dedicated to helping investors achieve their long-term financial goals.
Our mission is to protect the Online Investing business by being a trusted advisor, driving innovative solutions to complex business challenges, and maintaining a relentless focus on risk and controls.
Job Summary:
As an Associate in Exposure Management & Market Surveillance, you will play a vital role in supporting our financial risk strategy and ensuring robust market surveillance. This position offers an excellent opportunity to apply your technical skills in a dynamic and evolving environment.
Job Responsibilities:
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- Stress Testing & Modeling: Contribute to the development and execution of stress testing deliverables. Assist in building and enhancing modeling capabilities, including Value at Risk (VaR) and Expected Tail Loss calculations.
- Data Analysis & Reporting: Utilize Python, SQL, and data visualization tools to support data research projects and enhance reporting capabilities. Assist in designing new architectures to unlock information and drive operational efficiencies.
- Market Monitoring: Assist in monitoring intraday market volatility across sectors and asset classes. Support the production of risk analytics and reporting to analyze the impact of market events on credit and market risk exposures.
- Margin Requirements: Support the daily calibration of margin requirements and collaborate with senior team members to ensure they are adequately set. Gain an understanding of regulatory requirements related to margin lending and options trading.
- Risk Management Support: Collaborate with risk management teams to review models, methodologies, and assumptions for risk modeling activities. Support the development of control frameworks and documentation for risk processes.
- Client Exposure Monitoring: Assist in monitoring client exposure at the account level and support proactive client contact for accounts with high potential exposure.
Required qualifications, capabilities, and skills:
- Undergraduate degree in finance, economics, mathematics, computer science, or a related field.
- 3-5 years of experience in financial services, risk management, or a related field.
- Strong technical skills, with practical knowledge of Python, SQL, and data analytics packages.
- Experience with data visualization tools such as Tableau or similar.
- Basic understanding of financial products and market dynamics.
- Excellent quantitative and qualitative analytical skills.
- Strong communication and interpersonal skills.
Preferred Qualifications, capabilities and skills:
- Graduate degree in finance, economics, mathematics, computer science, or a related field.
- Familiarity with Bloomberg, FactSet, or similar financial data platforms.
- Series 7 Licensing or willingness to obtain.
- Exposure to financial mathematics, quantitative risk methodologies, or data science is a plus.
ABOUT US
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
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 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.
Equal Opportunity Employer/Disability/Veterans
ABOUT THE TEAM
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.