Resolution & Recovery Model Development - Senior Associate

JPMorgan Chase & Co.; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Senior Associate on the Commercial & Investment Bank (CIB) Resolution & Recovery team to build models that inform wind-down and packaging strategies across major asset classes.

You will partner with finance, risk and front office to quantify liquidation costs, liquidity impacts and RWA under stress, delivering insights for senior leadership while meeting regulatory expectations. The primary office is Brooklyn; expected to work from Manhattan periodically.

Qualifications

• 4+ years of experience in model development, review or analytics.
• Advanced degree in Economics, Finance, Science, Accounting or a related field.
• Hands-on experience with the model lifecycle, including selection criteria, assumptions, testing, documentation and control.

Responsibilities

• Develop and enhance models within the CIB Recovery & Resolution model suite.
• Design packaging and unwind methodologies with stakeholders across markets and risk.
• Quantify liquidation costs, liquidity effects, and RWA outcomes under stress scenarios.
• Produce high-quality model documentation with strong attention to detail and control standards.
• Communicate methodologies, findings and solutions to Model Risk and senior management.

Skills

Model development

Model risk awareness

Python/SQL

Communication

Independent analysis

Project management

Education

Master's/PhD in Economics/Finance

Tools

Python

SQL

Snowflake

Job description

Join JP Morgan Chase’s Commercial & Investment Bank (CIB) Resolution & Recovery team and help shape how a leading global markets franchise prepares for and responds to recovery and resolution scenarios.

As a Senior Associate, on the Resolution & Recovery team within Treasury, you will responsible for building and enhancing models that inform wind-down and business packaging strategies across major asset classes (Rates, Equities, Fixed Income and FX). You’ll partner closely with finance, model risk, front office and corporate stakeholders to quantify liquidation costs, estimate liquidity impacts and assess Risk-Weighted Assets (RWA) implications. You’ll help deliver insights that inform senior leadership decisions while ensuring alignment with regulatory expectations at JP Morgan Chase, a leading investment Global Systemically Important Bank (G-SIB). The primary office is Brooklyn; expected to work from Manhattan periodically.

Job responsibilities

• Develop and enhance modelswithin the CIB Recovery & Resolution model suite
• Design packaging and unwind methodologiesin partnership with stakeholders across markets and risk
• Quantify key impactsincluding liquidation costs, liquidity effects, and RWA outcomes under stress scenarios
• Produce high-quality model documentationwith strong attention to detail and control standards
• Communicate clearly and confidently explain methodologies, limitations, findings, and solutions to Model Risk and senior management through regular updates and presentations
• Challenge assumptions and improve the frameworkthrough sensitivity testing, benchmarking, and structured problem-solving
• Serve as a primary point of contact for Model Risk, supporting effective model oversight and governance
• Collaborate with technology and change partnersto implement and sustain model enhancements in production

Required qualifications, capabilities, and skills

• 4+ years of experience in model development, review or analytics
• Advanced degree in Economics, Finance, Science, Accounting or a related field.
• Hands-on experience with aspects of the model lifecycle, including model selection criteria, assumption justification, sensitivity testing, implementation support, documentation and control discipline
• Strong prioritization skills and ability to manage work across multiple models and deliverables
• Initiative-taking and self-organized with the ability to solve problems independently
• Ability to distill information clearly, which ranges from discussing detailed modeling methodologies with Model Risk to summarizing approaches and key information with senior management
• Comfortable with detailed independent analysis and coordinating inputs from others

Preferred qualifications, capabilities, and skills

• Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk or valuations
• Technical skills including Python, SQL and/or Snowflake

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).