JP Morgan Chase & Co.

Counterparty Credit Risk - Associate - Stress Testing - NY

JP Morgan Chase & Co.$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of relevant work experience
  • Experience in portfolio analysis, stress testing, and scenario analysis
  • Knowledge of counterparty exposure in derivatives and securities financing
  • Ability to simplify complex risk analytics for stakeholders
  • Strong analytical skills with keen attention to detail
  • Excellent communication skills, both written and verbal
  • Proven ability to manage multiple tasks in a fast-paced environment
  • Demonstrated collaboration skills across various teams

Responsibilities

  • Execute regulatory stress testing for counterparty credit risk
  • Analyze stress testing results and portfolio exposures for emerging risks
  • Prepare timely responses for regulatory and management inquiries
  • Monitor portfolio risk metrics against thresholds
  • Investigate concentration risks and exposure trends through deep dives
  • Assess client positioning for identifying risk mitigants
  • Collaborate with teams to enhance counterparty exposure reporting
  • Identify improvements for risk management frameworks and tools

Benefits

  • Opportunities for professional development and skill enhancement
  • Collaborative work environment with cross-functional teams
  • Engagement in firmwide initiatives focused on risk management
  • Access to leading-edge data and analytics tools
  • Chance to influence technical enhancements in risk analytics
Full Job Description
JOB DESCRIPTION

Job summary

As an Associate in Counterparty Credit Risk, you conduct portfolio, stress, and scenario analysis to evaluate counterparty exposures across derivatives, futures and options, and securities financing. You partner with teams across Credit Risk, Technology, Quantitative Research, Product, and Risk Reporting to enhance risk metrics, improve automation, and strengthen data quality. You help deliver accurate, timely analysis that supports both management decision-making and regulatory needs.

Job responsibilities

  • Execute regulatory stress testing submissions for counterparty credit risk
  • Analyze stress testing outputs and portfolio exposures to identify key drivers and emerging risks
  • Prepare clear, accurate, and timely responses for regulatory and management requests on counterparty risk
  • Monitor portfolio risk metrics against established thresholds and tolerances
  • Investigate concentration risks, exposure trends, and market themes through targeted deep dives
  • Assess client positioning and exposure changes to highlight potential risk mitigants and actions
  • Collaborate with Credit Officers, Technology, Quantitative Research, Product, and Risk Reporting to enhance counterparty exposure analysis and reporting
  • Identify opportunities to improve portfolio risk management frameworks and decision-support tools
  • Contribute to firmwide initiatives focused on counterparty exposure metrics and technical enhancements

Required qualifications, capabilities, and skills

  • 3 years minimum work experience
  • Experience conducting portfolio analysis, stress testing, and scenario analysis for credit or market risk
  • Knowledge of counterparty exposure concepts across derivatives, futures and options, and securities financing
  • Ability to translate complex risk analytics into clear, actionable insights for stakeholders
  • Strong quantitative and analytical skills, with high attention to detail
  • Strong written and verbal communication skills
  • Ability to manage multiple priorities and deliver on time in a fast-paced environment
  • Demonstrated collaboration skills across risk, technology, quantitative, product, and reporting partners

Preferred qualifications, capabilities, and skills

  • Experience supporting regulatory stress testing processes and submissions
  • Experience improving reporting automation and data controls in a risk environment
  • Familiarity with counterparty exposure measurement approaches and reporting workflows
  • Proficiency in common data and analytics tools used for risk analysis and reporting

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

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Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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