Senior Associate, Resolution & Recovery Modeling

JPMorganChase; New York (NY); On-site; USD 130,000 - 190,000; Full time

Job summary

JPMorganChase in New York is seeking a Senior Associate to build and enhance models for wind-down and business packaging across major asset classes including Rates, Equities, Fixed Income and FX. You will collaborate with finance, model risk, front office and corporate stakeholders to quantify costs, liquidity impacts and RWA implications.

The role requires 4+ years in model development or analytics and an advanced degree in economics, finance, science or accounting.

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 model lifecycle—selection criteria, justification, sensitivity testing, implementation, 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 for Model Risk and senior management.

Responsibilities

• Develop and enhance models within the CIB Recovery & Resolution model suite.
• Design packaging and unwind methodologies in partnership with stakeholders across markets and risk.
• Quantify key impacts including 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, limitations, findings, and solutions to Model Risk and senior management through updates and presentations.
• Collaborate with technology and change partners to implement model enhancements in production.

Skills

Model development

Analytical thinking

Communication

Project management

Education

Advanced degree in Economics/Finance/Science/Accounting

Tools

Python

SQL

Snowflake

Job description

JPMorganChase in New York is seeking a Senior Associate to build and enhance models for wind-down and business packaging across major asset classes including Rates, Equities, Fixed Income and FX. You will collaborate with finance, model risk, front office and corporate stakeholders to quantify costs, liquidity impacts and RWA implications.

The role requires 4+ years in model development or analytics and an advanced degree in economics, finance, science or accounting.