Senior Associate - Resolution Stress Testing for Markets

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

Testing Site - JPMC in New York seeks an Associate for the Resolution Stress Testing team to advance our wind-down modeling strategies, working with multiple lines of business and senior leaders to quantify exit costs and liquidity impacts.

You will help develop methodologies, validate models, and communicate results to Model Risk and senior management, contributing to Recovery and Resolution planning across the firm.

Qualifications

• 4+ years of experience in model development, review or testing.
• Strong modeling best practices, including documentation and implementation.
• Strong prioritization skills, with the ability to manage a book of work on several models.
• 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 input from others.

Responsibilities

• Assist with model development and maintenance for the Commercial and Investment Banking Recovery & Resolution suite.
• Partner with finance teams to develop packaging and unwinding methodologies.
• Create accurate and sustainable modeling frameworks; developing strong implementation structures is key.
• Confidently explain results and keep senior stakeholders informed through regular presentations.
• Challenge pre-existing modeling assumptions to improve the process.
• Serve as the counterweight and primary contact for Model Risk.

Skills

4+ years experience

Modeling best practices

Prioritization

Initiative/self-organization

Clear information distillation

Independent analysis

Tools

Python

Alteryx

Job description

Testing Site - JPMC in New York seeks an Associate for the Resolution Stress Testing team to advance our wind-down modeling strategies, working with multiple lines of business and senior leaders to quantify exit costs and liquidity impacts.

You will help develop methodologies, validate models, and communicate results to Model Risk and senior management, contributing to Recovery and Resolution planning across the firm.