Job Description
Bring your expertise to JPMorgan Chase. 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 Country Risk Associate within the Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. In Country Risk Management, you will be part of a team that evaluates countries across various factors, assigns country risk ratings and manages country risk concentrations via a variety of limits for the firm. The Country Risk Management team also assesses downside risk scenarios and their potential implications to the Firm, provides input into firmwide capital stress testing exercises and identifies material risk concentrations and potential vulnerabilities.
The team's focus is global and requires partnership within Country Risk Management, in addition to working across all lines of business in the Firm and with other risk disciplines, risk reporting, corporate groups, technology, LOBs and regulators.
Job responsibilities
- End-to-end delivery of Country Risk's input into firmwide capital stress testing exercises as well as the Firm's Material Risk Identification processes
- Analyze potential impact of various stress scenarios on country ratings, work closely with country coverage team on projecting ratings paths and other inputs into the Firm's capital stress testing exercises
- Conduct analysis and interpretation of firmwide capital stress testing exercises results at the country level to inform strategic decision-making
- Maintain qualitative models to support stress testing activities and ensure their accuracy and relevance and adapt them to evolving regulatory and internal model review expectations and standards
- Identify opportunities to enhance related methodologies and processes, incorporating new data sources and analytical techniques, enhance related data visualization and insights
- Stay informed about changes in regulatory guidelines and industry best practices related to capital stress testing
- Support broader Country Risk Management team initiatives, as needed
Required qualifications, capabilities, and skills
- Undergraduate degree in economics, finance, information technology, mathematics, computer science or related discipline
- Prior experience in financial modeling, risk management, or a related field.
- Proficiency in technical skills, including proficiency in Python, Tableau and Alteryx. Alteryx certification (Core) a must
- Excellent analytical, problem-solving, and critical-thinking skills. Detailed oriented work approach
- Team-oriented personality; ability to work in small teams across functions, regions, and seniority levels
- Pro-active attitude, intellectually curious, creative, adaptive, and self-motivated
- Strong written and verbal communication; comfortable presenting and explaining complex topics
Preferred qualifications, capabilities, and skills
- Strong understanding of CCAR regulatory requirements and associated stress testing methodologies
- Prior experience in financial sector stress testing and material risk inventory management a plus
- A master's degree or professional certification (e.g., CFA, FRM) is a plus
- Experience preferably within a banking or financial services environment.
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
