Risk Management [Multiple Positions Available]

JPMorganChase; Plano (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health care coverage

Retirement plan

Tuition reimbursement

Mental health support

Job summary

JPMorgan Chase & Co. is seeking a counterparty risk professional in Plano, TX to collaborate with technology, data, and business teams on risk platforms, implement strategic designs, and perform stress testing.

The role involves developing data analytic modules for counterparty exposures and coordinating with modeling teams on implementations. The position emphasizes documenting production gaps and implementing remediation actions to address technology and data gaps, supporting risk management

Qualifications

• Master's degree plus 3 years of experience in risk management, finance, or related field; or a Bachelor's with 5 years experience in risk management, finance, or related field.

Responsibilities

• Collaborate with technology, data, and business teams on counterparty risk platforms and system enhancements.
• Perform counterparty stress testing.
• Develop data analytic modules for counterparty credit exposures.
• Coordinate with modeling teams on model implementations and updates.
• Document gaps identified in monthly and quarterly production processes.
• Implement remediation actions to address technology and data gaps.

Skills

Risk analytics

Data analysis

Cross-functional collaboration

Education

Master's degree in Financial Risk Management, Finance, Economics, or related field

Bachelor's degree in Financial Risk Management, Finance, Economics, or related field

Tools

Python

SQL

Tableau

Job description

Duties

Collaborate with technology, data, and business teams on counterparty risk platforms, system enhancements, and implementation of strategic designs. Perform counterparty stress testing. Develop data analytic modules for counterparty credit exposures. Coordinate with modeling teams on model implementations and updates. Document gaps identified in monthly and quarterly production processes. Implement remediation actions to address technology and data gaps.

Description

JOB DESCRIPTION

Duties: Collaborate with technology, data, and business teams on counterparty risk platforms, system enhancements, and implementation of strategic designs. Perform counterparty stress testing. Develop data analytic modules for counterparty credit exposures. Coordinate with modeling teams on model implementations and updates. Document gaps identified in monthly and quarterly production processes. Implement remediation actions to address technology and data gaps.

Qualifications

• Minimum education and experience required: Master\'s degree in Financial Risk Management, Finance, Economics, or related field of study plus 3 years of experience in the job offered or as Risk Management, Financial Analyst, Data Scientist, or related occupation. The employer will alternatively accept a Bachelor\'s degree in Financial Risk Management, Finance, Economics, or related field of study plus 5 years of experience in the job offered or as Risk Management, Financial Analyst, Data Scientist, or related occupation.
• Skills Required: This position requires three (3) years of experience with the following: Analyzing large-scale financial datasets and identifying risk patterns using Python and SQL; Trading products across major asset classes, including interest rates, equities, credit derivatives, commodities, and FX derivatives; Conducting exposure variance analysis across time periods using Python and Tableau to identify key risk drivers of EAD and MPE change, including market movements, trade activity, and counterparty credit changes; Analyzing regulatory stress testing processes, including scenario-based exposure analysis, capital impact assessment, and documentation of assumptions and results; Manipulating large datasets, creating data frames, and conducting statistical calculations for exposure analysis and reporting using Tableau, Python, and SQL.

Job Location: 8181 Communications Parkway, Plano, TX 75024.

Full-Time.

About Us

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.

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

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we\'re setting our businesses, clients, customers and employees up for success.