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Treasury and Chief Investment Office- Senior Associate, Credit Risk Management
Treasury and Chief Investment Office- Senior Associate, Credit Risk ManagementJPMorgan Chase Bank, N.A. • New York, NY, United States
Treasury and Chief Investment Office- Senior Associate, Credit Risk Management

Treasury and Chief Investment Office- Senior Associate, Credit Risk Management

JPMorgan Chase Bank, N.A. • New York, NY, United States
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  • [job_card.full_time]
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Join JPMorgan Chase in Risk Management and Compliance, where you'll play a crucial role in maintaining the firm's strength and resilience. Use your expertise to anticipate risks and solve challenges that affect our company and communities. Our culture encourages innovative thinking and excellence. As part of the Treasury and Chief Investment Office, you'll manage credit risk for the firm's diverse investment portfolio, including fixed income products like asset-backed securities and government bonds.

As an Senior Associate in Credit Risk Management - Treasury and Chief Investment Office (TCIO), you will play a critical role in identifying and managing evolving risks. You'll conduct credit risk due diligence on both new and existing investments across various fixed income products like CMBS, RMBS, ABS, CLO, and Municipal Bonds. You'll stay on top of market developments, assessing their impact on our portfolio and engaging in discussions with senior management and portfolio managers. Additionally, you'll contribute to the team's innovation agenda by developing creative solutions and strategies that enhance our risk management processes and drive forward-thinking investment decisions.

Job responsibilities :

  • Perform in-depth credit analysis for various TCIO investments and facilitate timely investment decisions. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis and present conclusions.
  • Work alongside senior team members on product-specific analyses required to support risk discussions and thematic deep dives. This includes preparation and delivery of analytical presentations for various senior risk forums
  • Participate in projecting portfolio credit impairment or estimating credit reserves as part of various firmwide exercises like CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses)
  • Contribute to development and maintenance of regulatory stress testing and reserve provisioning models
  • Collaborate with Portfolio Managers, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology, and Middle Office for ongoing projects, contributing to continued development of the TCIO Credit Risk franchise

Required Qualification, capabilities, and skills

  • Minimum of 3 years of relevant work experience in credit risk management within a financial organization or a credit rating agency
  • Strong analytical background with a sound understanding of, or deep interest in, various fixed income products, securitization, and financial statement analysis
  • Strong risk and control mindset, with the ability to ask incisive questions, work collaboratively with cross-functional teams across geographic time-zones, assess risk and mitigants, and escalate appropriately
  • Self-motivated and willing to take initiative, ability to multitask effectively
  • Excellent verbal and written communication skills, with the ability to summarize complex information and deliver it at business executive level
  • An excellent academic record with a bachelor's degree in finance, economics, business administration, engineering, mathematics, or a related discipline
  • Preferred qualifications, capabilities, and skills

  • Proficiency in advanced analytical languages such as Python, R
  • Knowledge of regulatory stress testing and reserve provisioning frameworks, such as CCAR and CECL, and the resultant requirements for fixed income investment portfolios
  • 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

    Base Pay / Salary

    New York,NY $135,000.00 - $150,000.00 / year

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