Basel Measurement & Analytics Derivatives Project, Analyst

Testing Site - JPMC; Newark (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Basel Measurement & Analytics professional to produce RWA analyses for Basel rules, including derivatives.

You will collaborate with finance, risk, and control teams to ensure accurate regulatory reporting and support CCAR and Pillar 3 disclosures. The role emphasizes project management support for multi-year initiatives, objective analyses for management decisions, and ad-hoc quantitative impact studies of Basel exposures.

Qualifications

• Bachelor’s degree in Finance or Risk Management required.
• Strong analytical, critical thinking, and problem-solving skills with execution focus.
• Ability to work under pressure and manage multiple tasks.

Responsibilities

• Provide project management support with status updates to senior management on multi-year initiatives.
• Prepare objective analyses to guide regulatory capital decision-making.
• Perform ad-hoc quantitative impact analysis on Basel RWA for derivatives.
• Evaluate controls on key processes and functions.

Skills

Analytical thinking

Problem-solving

Independent work

Communication skills

Education

Bachelor’s degree in Finance or Risk Management

Tools

Excel

SQL databases

Job description

The Basel Measurement & Analytics (BM&A) group within TCIO is responsible for calculating, analyzing, and reporting firm-wide RWA for wholesale credit risk and retail risk stripes. The RWA measures feed into corporate functions to quantify and determine regulatory capital requirements and support external regulatory filings and disclosures. BM&A is responsible for the business requirements to develop and manage the Basel infrastructure and ensure calculations are in compliance with internal capital policy and related guidance. In addition, BM&A supports ancillary activities to perform impact analysis on methodology changes driven by new rule proposals, support RWA component of CCAR, Resolution & Recovery, Pillar 3 Disclosure, and Quantitative Impact Studies (QIS) for regulatory agencies.

The BM&A Derivatives Team is responsible for assessing regulatory policy, driving enhancements to infrastructure needed to support risk regulatory reporting processes related to Basel methodology, and RWA reporting (specific to derivatives). The candidate will be responsible for producing RWA related to derivatives exposures under Basel 3 rules, analyzing quarter-over-quarter changes in RWA, working with LOB controllers and credit officers to determine variance drivers such as portfolio changes, policy updates and capital treatment, and generation of external regulatory filing schedules. The candidate for this role will manage the Derivative book of work for any required updates to the calculation and related reporting and the impact on any processes and the resulting impact.

Job responsibilities:

• Provide a Project Management support function to senior management with the status on multi-year project intermediary tasks
• Prepare objective analysis that provides perspective to senior management to support decision-making on key issues related to regulatory capital.
• Perform ad-hoc quantitative impact analysis on the firm’s RWA under Basel rules and regulations based on input parameters or infrastructure changes - specific to Derivatives risk stripe.
• Evaluate and manage controls on key processes and functions.

Required qualifications, capabilities and skills:

• Bachelor’s degree and a minimum of 1 year experience in Finance or Risk Management
• Strong analytical, critical thinking, and problem-solving skills with a track record of execution against deliverables; including the ability to take ownership and work independently while contributing to the broader team.
• Ability to work in pressure-oriented environment and able to handle multiple tasks.
• Exceptional excel/database/desktop skills.
• Results oriented individuals who can execute tasks within a tight time frame.
• Excellent interpersonal skills necessary to work effectively with colleagues at various levels of the organization.
• Must possess the ability to research and resolve issues independently while working across teams to acquire needed information.
• Superior attention to detail and process-orientation.
• Ability to synthesize and analyze large amounts of data to ascertain key facts and trends.
• Ability to develop strong client relationships and gain consensus on key decisions.

Preferred qualifications, capabilities and skills:

• Experience with Basel Capital Rules is preferred.
• Experience and technical understanding of derivative products is preferred.

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).