Posting DescriptionAs 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. Credit Risk Measurement and Analytics (CRMA) manages credit risk oversight of marketable-securities-backed lending programs, capital markets activities, derivative programs, and principal market risk for the Global Private Bank (GPB) and Wealth Management (WM). CRMA also manages associated risk measurement and stress testing frameworks. Frameworks include (a) methods to establish collateral requirements to secure credit exposure; and (b) stress testing for sufficient collateral, establishing reserves; and measuring risk appetite. CRMA's key stakeholders include the Risk organization; Lending & Trading Solutions providers, Lenders, Investors and Finance. CRMA operates a globally delegated coverage model with team members and partner teams located in North America, EMEA, and APAC. The team has a culture of actively managing risk through intelligent and proactive risk measurement, that is client focused, and adheres to the highest standards and best practices in the industry. A CRMA Associate will be expected to develop expert knowledge of global financial markets, market & credit risk management frameworks, risk analytics, and WM's lending solutions and derivatives businesses. A successful candidate will possess an entrepreneurial mindset, be comfortable working at the fast pace of markets, see ambiguity as an opportunity, and go the extra step to find the best solution. Job Responsibilities Lending Value (Margin Requirement) Coverage: Support front-office investment and lending decision makers in understanding CRMA's methodologies; Cover designated regions and product desks as methodologies expert; Support deal process through construction of lending values for new or complex asset classes, deal structures, and strategies; Partner with Quantitative Research ('QR') to review, assess, and recommend monthly Lending Value Changes and communicate to Chief Risk Officers, Global & Regional Lending leads and heads of busines Monitor global markets: Become an expert on global market dynamics, risk scenario construction, and interpretation; Analyze impact of events to lending values, margin requirements, and clients; Produce oversight analytics & reporting, as needed; Support senior CRMA members in event driven risk reviews; Present analyses and recommendations to CRMA leadership, and risk management & front-office decision-making forums Support product coverage of loans secured by marketable securities: Analyze market risk and liquidity profiles of collateral; Review credit profiles of clients; Understand client strategies Stress testing: Partner with business and support teams to evaluate results of established stress testing; Produce stress testing deliverables as required; Support and produce ad-hoc (event-driven) stress testing; Partner with global front-office, risk management, and support teams in periodic production of global regulatory deliverables (e.g., Comprehensive Capital Analysis and Review); Support senior CRMA team members with periodic evaluations of risk appetite; Support CRMA leadership with market risk oversight, limit monitoring, and limit construction for new initiatives Methodologies & Analytics: Partner with QR, credit risk, and front-office teams to develop and review models, methodologies, and assumptions for Lending Value / Initial Margin for clients' securities / derivatives activity; Partner with firmwide QR and front-office teams to review and challenge existing models, assumptions, and analytics associated with stress test production; Partner with firmwide QR, credit risk, and front-office teams to enhance existing and new analytic tools; Support CRMA leadership with designing control frameworks, document related guidelines & execute implementation with business partners Innovation: Support CRMA leadership in operational uplifts; Lead data research projects to design new architectures to unlock new information; Lead reporting and metric design to create new information capabilitiesRequired Qualifications, Skills and Capabilities Undergraduate degree required 3 years in an analytical, technical, trading, or research-oriented role Broad financial product knowledge required Practical knowledge of Python and associated data analytics packages (preferably in a professional environment) Practical knowledge of Tableau, or other Business Intelligence (BI) / Data Visualization Tools, and Microsoft office suite (Excel/PowerPoint/Word) Excellent communication and interpersonal skills Good team player, and high sense of ownershipPreferred Qualifications, Capabilities and Skills Academic concentrations in technical disciplines preferred Graduate degree, or professional designations a plus Academic background in, or professional experience with, financial mathematics, quantitative risk methodologies, and/or data science Professional experience in credit risk management, market risk management, derivatives, or hedging strategies a plus