JP Morgan Chase & Co.

Stress Test Associate

JP Morgan Chase & Co.$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting, Finance, Economics, or related field
  • 4+ years of corporate finance experience in banking
  • Advanced proficiency in Microsoft Office applications, especially Excel and PowerPoint
  • Working knowledge of Income Statement and Balance Sheet, with familiarity of banking products
  • Creative self-starter capable of working under pressure
  • Detail-oriented problem solver with risk assessment skills

Responsibilities

  • Prepare executive presentation materials for CFO, CRO, and/or CEO
  • Review roles matrix within the Automated Strategic Attestation Platform for accuracy
  • Contribute insights to develop standards for capital stress testing
  • Maintain supporting documentation, methodology narratives, and standard operating procedures
  • Perform ad-hoc analytical requests from senior management and regulatory agencies

Benefits

  • Professional development opportunities
  • Access to advanced financial tools and resources
  • Collaborative team environment
  • Exposure to high-level executives in the financial sector
  • Potential for career advancement within the organization
Full Job Description
JOB DESCRIPTION

The Commercial & Investment Bank (CIB) Capital Stress Testing team resides within the CIB Planning and Analysis (P&A) team. This team partners with the Corporate Capital Stress Testing team (CCST)  preparing JPMC’s Capital Plan to demonstrate capital strength under stress conditions as part of the regulatory Comprehensive Capital Analysis & Review (CCAR) framework.  

As an Associate in Planning and Analysis, you will be responsible for supporting ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. You will be a member of the CIB Capital Stress Testing team. The primary focus areas for this position will be to support ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. The individual will partner with colleagues in Corporate Capital Stress Testing, Risk functions, and line of business areas.

Job Responsibilities:
•    Preparation of executive presentation materials for CFO, CRO, and/or CEO 
•    Review roles matrix within the Automated Strategic Attestation Platform (ASAP) for accuracy and completeness
•    Contribute key insights in the development and implementation of standards for capital stress testing  
•    Maintain regulatory supporting documentation, methodology narratives, and standard operating procedures as needed
•    Perform ad-hoc analytical requests from senior management, other functions, and regulatory agencies


Required Qualifications, Capabilities and Skills 
•    Bachelor’s degree in Accounting, Finance, Economics, or related field
•    4+ years of corporate finance experience in banking
•    Advanced proficiency in Microsoft Office applications (Excel & PowerPoint in particular)
•    Working knowledge of Income Statement and Balance Sheet with familiarity of associated banking products or willingness to learn
•    The candidate must be a creative self-starter who is able to meet deadlines under pressure in a fast paced and results driven environment
•    A detail-oriented problem solver with proven ability to evaluate processes, controls, and issues to determine and assess risks

Preferred Qualifications, Capabilities and Skills: 
•    Experience with Databricks, Tableau, Alteryx, Essbase, Anaplan XL, or SQL a plus 

Additional Information

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
 

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.

Navigating the Job Market at JP Morgan Chase & Co.

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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