Risk Management - Stress Testing - Senior Associate

J.P. Morgan; New York (NY); On-site; USD 130,000 - 170,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

On-site wellness

Job summary

JPMorgan Chase & Co. in New York seeks a Stress Testing Senior Officer – Senior Associate to help develop risk estimation methodologies and execute Operational Risk Scenario Analysis.

You will work with senior executives and cross-functional teams to structure scenarios, estimate risk drivers, and enhance analytical tools. The role emphasizes quantitative expertise, data-driven work, and collaboration across Risk Identification, Model Risk, and Legal partners to support stress testing and

Qualifications

• Bachelor’s degree in a quantitative, analytical, technical, financial, or related discipline.
• 3 years plus of experience in data analytics, quantitative analysis, model development, risk analytics, operational risk, stress testing, or a related field; or advanced degree with 2 years of relevant experience.
• Strong analytical, quantitative, and problem-solving skills, with intellectual curiosity and sound business judgment.

Responsibilities

• Support development and enhancement of Operational Risk Scenario Analysis quantification methodologies.
• Structure operational risk scenarios and estimate key risk drivers, including exposure, impact, and occurrence.
• Conduct data-driven and subject matter expert-based analysis to assess scenario outcomes.
• Partner with Lines of Business, Risk Identification teams, Operational Risk Officers, Model Risk, Legal, and other stakeholders to gather inputs and challenge assumptions.
• Support model risk activities, including documentation, validation reviews, issue remediation, and governance.
• Develop and enhance analytical tools, estimation approaches, and models for Scenario Analysis, CCAR, DFAST, and ICAAP stress testing.
• Perform data analysis, sensitivity analysis, benchmarking, back-testing, and output reasonableness assessments.
• Explore machine learning and GenAI-enabled approaches for scenario analysis, risk taxonomy, and unstructured data use cases.
• Identify opportunities to automate workflows, improve scalability, strengthen controls, and enhance transparency.
• Translate complex quantitative, technical, and risk concepts into clear insights for senior stakeholders.

Skills

Data analytics

Quantitative analysis

Risk analytics

Stress testing

Education

Bachelor's degree

Job description

Join JPMorgan Chase and help strengthen how the firm identifies, measures, and manages operational risk. As part of the Operational Risk team, you’ll apply quantitative expertise, analytical judgment, and innovative thinking to support scenario analysis activities that inform risk management, stress testing, and senior-level decision-making.

As a Stress Testing Senior Officer – Senior Associate in the Firmwide Risk and Compliance team, you will support the development of risk estimation methodologies and the execution of Operational Risk Scenario Analysis activities. You will work closely with senior executives, subject matter experts, Risk Identification leads across Lines of Business, Operational Risk Officers, Model Risk, and Legal partners to structure scenarios, estimate risk drivers, assess potential outcomes, and enhance analytical tools and models.

Job responsibilities:

• Support development and enhancement of Operational Risk Scenario Analysis quantification methodologies.
• Structure operational risk scenarios and estimate key risk drivers, including exposure, impact, and occurrence.
• Conduct data-driven and subject matter expert-based analysis to assess scenario outcomes.
• Partner with Lines of Business, Risk Identification teams, Operational Risk Officers, Model Risk, Legal, and other stakeholders to gather inputs and challenge assumptions.
• Support model risk activities, including documentation, validation reviews, issue remediation, and governance.
• Develop and enhance analytical tools, estimation approaches, and models for Scenario Analysis, CCAR, DFAST, and ICAAP stress testing.
• Perform data analysis, sensitivity analysis, benchmarking, back-testing, and output reasonableness assessments.
• Explore machine learning and GenAI-enabled approaches for scenario analysis, risk taxonomy, and unstructured data use cases.
• Identify opportunities to automate workflows, improve scalability, strengthen controls, and enhance transparency.

• Translate complex quantitative, technical, and risk concepts into clear insights for senior stakeholders.

Required qualifications, capabilities, and skills:

• Bachelor’s degree in a quantitative, analytical, technical, financial, or related discipline.
• 3 years plus of experience in data analytics, quantitative analysis, model development, risk analytics, operational risk, stress testing, or a related field; or advanced degree with 2 years of relevant experience.
• Strong analytical, quantitative, and problem-solving skills, with intellectual curiosity and sound business judgment.

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

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.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Help evolve operational risk estimation through quantitative methodology, model development, automation, and data-driven insights.