Stress Test Associate

Next Frontier Capital; Chicago (IL); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorgan Chase & Co.'s Commercial & Investment Bank is seeking an Associate in Planning and Analysis to support ongoing stress testing activities, including the annual CCAR submission and quarterly capital stress tests. You will collaborate with Corporate Capital Stress Testing, Risk, and business partners to strengthen capital resilience.

The role focuses on preparing executive materials, refining ASAP processes, and ensuring robust documentation and standards for capital stress testing in a

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• 4+ years of corporate finance experience in banking.
• Advanced proficiency in Excel and PowerPoint.
• Working knowledge of income statement and balance sheet with banking product familiarity or willingness to learn.
• Creative self-starter able to meet deadlines in a fast-paced, results-driven environment.
• Detail-oriented problem solver with ability to evaluate processes, controls, and risks.

Responsibilities

• Preparation of executive presentation materials for CFO, CRO, and/or CEO.
• Review roles matrix within ASAP for accuracy and completeness.
• Contribute insights in development and implementation of capital stress testing standards.
• Maintain regulatory documentation, narratives, and SOPs as needed.
• Perform ad-hoc analytical requests from senior management, other functions, and regulators.

Skills

Advanced Excel

PowerPoint

Regulatory reporting

Analytical thinking

Education

Bachelor's degree in Accounting, Finance, Economics, or related field

Tools

Databricks

Tableau

Alteryx

Essbase

Anaplan XL

SQL

Job description

The Commercial & Investment Bank (CIB) Capital Stress Testing team resides within the CIB Planning and Analysis (P&A) team. This team partners with the Corporate Capital Stress Testing team (CCST) preparing JPMC’s Capital Plan to demonstrate capital strength under stress conditions as part of the regulatory Comprehensive Capital Analysis & Review (CCAR) framework.

As an Associate in Planning and Analysis, you will be responsible for supporting ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. You will be a member of the CIB Capital Stress Testing team. The primary focus areas for this position will be to support ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. The individual will partner with colleagues in Corporate Capital Stress Testing, Risk functions, and line of business areas.

Job Responsibilities

• Preparation of executive presentation materials for CFO, CRO, and/or CEO
• Review roles matrix within the Automated Strategic Attestation Platform (ASAP) for accuracy and completeness
• Contribute key insights in the development and implementation of standards for capital stress testing
• Maintain regulatory supporting documentation, methodology narratives, and standard operating procedures as needed
• Perform ad-hoc analytical requests from senior management, other functions, and regulatory agencies

Required Qualifications, Capabilities and Skills

• Bachelor’s degree in Accounting, Finance, Economics, or related field
• 4+ years of corporate finance experience in banking
• Advanced proficiency in Microsoft Office applications (Excel & PowerPoint in particular)
• Working knowledge of Income Statement and Balance Sheet with familiarity of associated banking products or willingness to learn
• The candidate must be a creative self-starter who is able to meet deadlines under pressure in a fast paced and results driven environment
• A detail-oriented problem solver with proven ability to evaluate processes, controls, and issues to determine and assess risks

Preferred Qualifications, Capabilities and Skills

• Experience with Databricks, Tableau, Alteryx, Essbase, Anaplan XL, or SQL a plus

Additional Information

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Support ongoing stress testing activities, including the annual CCAR submission