JP Morgan Chase & Co.

Treasury Stress Testing Associate

JP Morgan Chase & Co.$90K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in a large financial services organization
  • Familiarity with capital stress testing methodologies
  • Solid understanding of risk management principles
  • Experience with regression-based modeling
  • Strong grasp of statistical concepts
  • Ability to work autonomously in an unstructured environment
  • Excellent problem-solving and organizational skills
  • Proficiency in Microsoft Excel and PowerPoint

Responsibilities

  • Enhance and develop CCAR models using qualitative and quantitative modeling in Python
  • Create comprehensive presentations from stress projection results for senior management
  • Analyze interactions of financial concepts in CIB's stress scenarios
  • Drive process improvements towards automated solutions
  • Meet tight timelines compliance with internal and regulatory deadlines
  • Manage competing priorities with partner teams
  • Effectively communicate complex topics to diverse audiences
  • Collaborate with a global team across multiple time zones

Benefits

  • High exposure to senior management
  • Opportunity to work in a global team
  • Possibility of growing into a subject matter expert role
  • Engagement in continuous improvement initiatives
  • Involvement in a well-controlled analytical environment
Full Job Description
Job Description

The Commercial & Investment Bank (CIB) Treasury Stress Testing group is responsible for the Balance Sheet, Net Interest Income (NII), Fund Transfer Pricing (FTP), and Risk Weighted Asset (RWA) projections in CIB's Quarterly Risk Appetite and Comprehensive Capital Analysis and Review (CCAR) exercises. Team members in this space are relentlessly curious and focus on creating well-controlled analytical environments.

As a Treasury Associate on the CIB Treasury Stress Testing team, you will be supporting our mission in providing best in class financial projections which support the Firm's strategic decision making. You will also have high exposure to senior management and be a subject matter experts on the Balance Sheet, NII and FTP projections for one of the world's pre-eminent financial institutions.

Job Responsibilities
  • Support CCAR (Comprehensive Capital Analysis and Review) model enhancement/development (qualitative and quantitative based modeling using Python), execution, analysis and review
  • Synthesize results from stress projections into holistic presentations for senior management
  • Understand the interactions between different financial concepts on CIB's stress projections - particularly in the Markets businesses
  • Focus on process improvement - be part continuous improvement team which is moving towards automated, repeatable solutions
  • Operate under tight timelines to comply with internal and regulatory-prescribed deadlines
  • Manage interactions with partner teams which have competing or dual priorities
  • Concisely convey topics to audiences with varying backgrounds on FTP / BS / NII
  • Work closely with a global team operating on multiple continents
  • Grow into a technical job area to become a subject matter expert


Required Qualifications, Skills, and Capabilities
  • 5+ years supporting a large financial services organization
  • Familiarity and experience with Capital Stress Testing
  • Knowledge or experience or familiarity to risk management
  • Regression-based modeling experience
  • A strong understanding of statistical concepts
  • Comfortable working autonomously in an unstructured environment
  • Excellent organizational and problem-solving skills
  • Proficient in Microsoft applications, specifically Excel and PowerPoint
  • Ability to execute tasks under demanding targets and effectively manage to changes in plan
  • Ability to work under pressure and to strict deadlines with competing tasks
  • Good organizational skills & planning ability; strong teamwork and communication skills


Preferred Qualifications, Skills, and Capabilities
  • Experience in with Markets products
  • Previous experience analyzing FTP/NII
  • Knowledge of Commercial Investment Bank (CIB) products and Basel rules
  • Statistical modeling and Python coding experience
  • Coding experience, python greatly preferred


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 the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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.

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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.

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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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