VP, Capital & Model Risk Governance

JPMorgan Chase & Co.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Capital Risk Vice President or Senior Associate to interpret regulatory capital requirements and challenge capital-related methodologies. You will ensure governance of market risk capital and contribute to capital planning and reporting.

The role involves collaborating with model teams, monitoring macro drivers, and delivering senior stakeholder materials in a dynamic risk environment. Based in New York, on-site duties apply.

Qualifications

• 2 years of relevant experience in Market Risk, Capital Risk, Capital Risk Policy, or related risk function.
• Advanced degree in Finance, Mathematics, Financial Engineering, or related quantitative discipline.
• Deep understanding of regulatory capital regulations, calculation methodologies, and governance for market risk / FRTB.
• Working knowledge of regulatory capital frameworks and concepts relevant to market risk.
• Good understanding of fixed income and equity market risk, including derivatives and hedging concepts.
• Strong interpersonal skills and collaborative approach.
• Organized and detail-oriented, able to manage multiple deliverables.
• Proficiency in Excel and working experience with Python (or similar) for analysis and reporting.

Responsibilities

• Support the firm's capital governance framework through independent challenge and policy interpretation.
• Provide timely, well-supported challenge to internal capital policy guidance and exposure categorization.
• Review market risk pricing models, analytical tools, and calculators for alignment with Market Risk Capital Rules.
• Partner with model development and model risk/validation teams to track findings and support remediation.
• Review proof of implementation testing of regulatory capital calculators.
• Contribute to monitoring market and macroeconomic drivers to assess impacts on Risk-Weighted Assets and capital requirements.
• Assist with scenario analysis to support capital planning and stress testing.
• Work with Capital Risk Coverage, Analytics, and Technology teams to enhance dashboards and analytical tools.
• Drive process improvement and automation in capital-related analysis and reporting.
• Support ad hoc analysis and management/regulatory-ready materials for senior stakeholders.

Skills

Market Risk

Capital Risk Policy

Regulatory capital

Python

Excel

Interpersonal skills

Attention to detail

Communication

Education

Advanced degree in Finance/Math/Financial Engineering

Tools

Excel

Python

Job description

JPMorgan Chase & Co. is seeking a Capital Risk Vice President or Senior Associate to interpret regulatory capital requirements and challenge capital-related methodologies. You will ensure governance of market risk capital and contribute to capital planning and reporting.

The role involves collaborating with model teams, monitoring macro drivers, and delivering senior stakeholder materials in a dynamic risk environment. Based in New York, on-site duties apply.