Risk Management - Capital Risk Management Associate

JPMorgan Chase & Co.; New York (NY); On-site; USD 110,000 - 170,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Risk Management - Capital Risk Management Associate within the Capital Risk Management function to provide independent oversight of capital risk across the firm.

CRM’s responsibilities include defining, monitoring and reporting capital risk metrics and calibrating risk limits. You will monitor, review and challenge capital management activities, prepare board-level analyses for senior management, and drive improvements with advanced analytics and storytelling in

Qualifications

• 2+ years experience in capital, liquidity, market risk and/or other risk areas.
• Advanced degree in Finance, Mathematics, Financial Engineering, or related quantitative discipline.
• Demonstrated proficiency in one or more of: LLM, Python, Tableau, Snowflake, Databricks, SQL, dashboard building.

Responsibilities

• Monitor regulatory capital metrics against limits; ensure accuracy and escalate breaches as needed.
• Guide process improvements and automations; develop new analytical capacities using AI/LLM.
• Analyze variances in capital metrics (RWA, TLAC, CET1, Tier 1, Total Capital).
• Assess and challenge capital management activities (forecasts, actions, stress tests).
• Conduct deep dives into regulatory changes and balance sheet dynamics; present findings to senior management.

Skills

Capital risk

Python

Tableau

Snowflake

Databricks

SQL

PowerPoint

Excel

Financial markets

Communication skills

Education

Advanced degree in Finance

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 Risk Management - Capital Risk Management Associate within the Capital Risk Management function, you will provide independent oversight of capital risk across the firm. CRM’s responsibilities include: defining, monitoring and reporting capital risk metrics; establishing, calibrating and monitoring capital risk limits and indicators, including capital risk appetite; developing processes to classify, monitor and report capital limit breaches; performing assessments of the firm’s capital management activities, including changes made to the Contingency Capital Plan; and conducing independent review of the firm’s interpretation of and compliance with the applicable regulatory capital

Job Responsibilities:

• Monitor regulatory capital metrics against capital risk limits and indicators; ensure accuracy of capital metrics being reported; analyze and escalation breaches as needed
• Guide process improvements and automations and develop new analytical capacities leveraging AI, LLM, etc.
• Analyze variances in capital metrics (such as Risk Weighted Assets, Leverage Exposure, CET1, Tier 1, Total Capital, TLAC and LTD capital)
• Assess, review, and challenge the firm’s capital management activities such as capital forecasts, capital actions, RWA / SCB / GSIB optimizations, internal targets, allocations, stress-test (CCAR) scenarios and results
• Conduct deep dives impacting firm’s capital such as changes in regulatory requirements, firms risk and/or balance sheet, market dynamics and present findings to senior management
• Prepare board-level analysis and supporting presentations for senior / executive management forums
• Monitor current and emerging risks across asset classes under coverage; stay up-to-date with market news, regulations and peer bank activity
• Frequent interactions with the key members of capital management, capital P&A, line of businesses, controllers and various support functions

Required qualifications, skills and capabilities

• 2 plus years experience in capital, liquidity, market risk and / or other risk areas
• Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline
• Demonstrated proficiency in one or more of the following areas: LLM, Python, Tableau, Snowflake, Databricks, SQL, dashboard building
• Ability to quickly grasp new / unfamiliar concepts and assess potential risks to the firm’s capital position
• Strong knowledge of financial markets and various asset classes (retail and wholesale loans, repos, margin loans, OTC derivatives, trading securities etc.)
• Understanding of balance sheet and income statement fundamentals
• Experienced in data-driven and fluent storytelling via PowerPoint and adept at using Excel
• Excellent oral and written communication skills with ability to explain technical concepts in practical terms
• Strong analytical skills with the ability to develop thesis, clearly present ideas and draw appropriate conclusions
• Demonstrate high ownership, self-starter attitude, ability to work independently and prioritize key tasks effectively
• Superior attention to detail and process management

Preferred qualifications, skills and capabilities

• Certification or enrollment in CFA / FRM programs would be a plus
• Treasury / Finance background will be considered