Market Risk Coverage [Multiple Positions Available]

Job Description

DESCRIPTION:

Duties: Perform coverage for the Firm's regulatory comprehensive capital analysis and review (CCAR) submissions, including execution of stress testing methodology, analysis of market risk drivers and communication of results to senior management. Synthesize top-of-mind research topics relevant to the investment portfolios into analysis and special reports. Stay up to date with market changes and analyze its impact to the portfolios. Evaluate and implement updates to financial models used in market risk management, including challenges to proposed methodology, performing impact assessments, and coordinating model implementation timelines. Perform review of business processes and implement enhancements and automation to enhance capabilities and streamline infrastructure. Conduct analysis and consolidation of budget, forecast, CCAR and risk appetite results and perform variance analysis while reviewing and challenging model outputs and results. Analyze macroeconomic variables and understand the impact to financial projections. Push efficiencies and process improvements and be involved in driving technology initiatives. Ensure data integrity, accuracy and timeliness in all financial reporting and presentations.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Business, Finance, Economics, Data Science, or related field of study plus 2 years of experience in the job offered or as Market Risk Coverage, Market/Financial Risk Analyst, Modeling Analyst, Data Scientist, Validation Analyst, Fund/Financial Accounting or related occupation.

Skills Required: This position requires one (1) year of experience with the following: designing and developing interactive Excel reports with VLOOKUP, INDEX MATCH, pivot tables, and VBA scripting; developing PowerPoint reports for additional data analysis via Excel linkage; building Tableau dashboards for data visualization and reporting; database design, data structuring with ODBC databases, and query optimization using SQL, MYSQL, and MDX; Asset and Liability Management and Cashflow Management; statistical analysis using logistic regression, multivariate regression, classification techniques, attribution, cohort analysis, and time series analysis machine learning methods; predictive modeling in R with tseries, msm, and knitr packages; data analysis, data manipulation, and data frame restructuring in Python using pandas, NumPy, and scikit-learn libraries; fixed income risk hedging and cross-asset class products including government bonds, mortgage- backed securities, swaps, and credit products; data transformation on macroeconomic census data, including interpolation, normalization, and discretization; performing economic forecasting models and reconciliation of model results; developing automated Python, R, and Tableau- integrated Alteryx workflows for data processing, data manipulation, and generating emails and reports on Alteryx Galley. This position requires any amount of experience with the following: CCAR and CECL regulations; developing Alteryx macros, batch macros, and user interface-enabled Alteryx apps using action tools and CReW macros; performing ad-hoc analyses in Alteryx using spatial and Calgary tools; automating data streaming and daily script updates in Windows scheduled tasks using .bat files; Bloomberg Terminal; Balance sheet management and accounting including Mark to Market (MTM), Available for Sale (AFS), Held to Maturity (HTM) accounting types, income statements, and bond cashflows.

Job Location: 277 Park Ave, New York, NY 10172.

Full-Time. Salary: $145,000 - $150,000 per year.

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

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.