Counterparty Credit Risk - Associate - Stress Testing - NY

Next Frontier Capital; New York (NY); On-site; USD 110,000 - 160,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Associate in Counterparty Credit Risk to conduct portfolio, stress, and scenario analyses across derivatives, futures, options, and securities financing. You will partner with Credit Risk, Technology, Quantitative Research, Product, and Risk Reporting to enhance metrics, automation, and data quality.

You will deliver accurate, timely analyses that support management decisions and regulatory needs, while contributing to risk frameworks and reporting enhancements.

Qualifications

• 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.

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

Skills

Portfolio analysis

Stress testing

Scenario analysis

Counterparty risk concepts

Quantitative analytics

Communication skills

Collaboration across teams

Prioritization under pressure

Tools

Data analytics tools

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

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

• comprehensive health care coverage
• on-site health and wellness centers
• retirement savings plan
• backup childcare
• tuition reimbursement
• mental health support
• financial coaching

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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. Analyze counterparty exposures and stress results to shape risk actions across derivatives, futures, options, and financing.