Capital Risk Vice President

JPMorgan Chase & Co.; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Capital Risk Vice President or Senior Associate to interpret regulatory capital requirements and challenge capital-related methodologies within the Capital Risk Policy group. You will help ensure governance and effective risk management for market risk capital and related governance.

The role emphasizes collaboration across analytics, technology, and risk teams. The position focuses on governance, scenario analysis, and performance monitoring of capital metrics,

Qualifications

• 2 years of relevant experience in Market Risk or related risk function.
• Advanced degree in Finance, Mathematics, Financial Engineering, or related field.
• Deep understanding of regulatory capital regulations for market risk (FRTB).
• Proficient in Excel and Python for analysis and reporting.
• Strong interpersonal and collaborative skills.

Responsibilities

• Support independent interpretation of regulatory capital requirements and provide effective challenge to capital-related methodologies.
• Review market risk pricing models and calculators for alignment with Market Risk Capital Rules.
• Partner with model development and risk teams to track findings and remediation.
• Contribute to monitoring market and macroeconomic drivers affecting Risk-Weighted Assets and capital requirements.
• Assist with scenario analysis to support capital planning and stress testing.
• Develop dashboards and analytical tools with Capital Risk Coverage, Analytics, and Technology teams.
• Drive process improvements and automation in capital-related analysis and reporting.
• Support ad hoc analyses and materials for senior stakeholders.

Skills

Market Risk

Capital Risk

Capital Risk Policy

Governance

Analytical reporting

Excel proficiency

Python

Education

Advanced degree in Finance/Math/Financial Engineering

Tools

Python

Excel

Job description

Bring your Expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Capital Risk Vice President or Senior Associate in the Capital Risk Policy group, you support independent interpretation of regulatory capital requirements and provide effective challenge to capital-related methodologies. You help ensure consistent application of market risk capital requirements and associated governance. You deliver the firm's capital risk objectives and maintain strong capital risk governance. You contribute to a collaborative environment focused on responsible growth and innovation.

Job responsibilities:

• Support the firm's capital governance framework through independent challenge and policy interpretation
• Provide timely, well-supported challenge to internal capital policy guidance and exposure categorization
• Review market risk pricing models, analytical tools, and calculators for alignment with Market Risk Capital Rules
• Partner with model development and model risk/validation teams to track findings and support remediation
• Review proof of implementation testing of regulatory capital calculators
• Contribute to monitoring market and macroeconomic drivers to assess impacts on Risk-Weighted Assets and capital requirements
• Assist with scenario analysis to support capital planning and stress testing
• Work with Capital Risk Coverage, Analytics, and Technology teams to enhance dashboards and analytical tools
• Drive process improvement and automation in capital-related analysis and reporting
• Support ad hoc analysis and management/regulatory-ready materials for senior stakeholders

Required qualifications, capabilities, and skills:

• 2 years of relevant experience in Market Risk, Capital Risk, Capital Risk Policy, or related risk function
• Advanced degree in Finance, Mathematics, Financial Engineering, or related quantitative discipline
• Deep understanding of regulatory capital regulations, calculation methodologies, and governance for market risk / FRTB
• Working knowledge of regulatory capital frameworks and concepts relevant to market risk
• Good understanding of fixed income and equity market risk, including derivatives and hedging concepts
• Strong interpersonal skills and collaborative approach
• Organized and detail-oriented, able to manage multiple deliverables
• Proficiency in Excel and working experience with Python (or similar) for analysis and reporting

Preferred qualifications, capabilities, and skills:

• Experience supporting work tied to FRTB regulatory cycle in a GSIB
• Familiarity with Basel 2.5 and/or FRTB, GSIB, SLR, and TLAC
• Experience with process improvement and automation in capital-related analysis
• Ability to engage with model developers and review model documentation
• Experience working with cross-functional teams
• Strong communication skills
• Experience in a large financial institution