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Corporate Risk - Risk Reporting & Finance, Principal Risk Reporting – Associate

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. 


JPMorgan Chase may incur principal risk when it makes equity or equity-like investments.  Principal Investments are made using JPMC’s capital, typically representing an ownership or junior capital position (mainly private equity, tax equity and junior debt capital such as mezzanine loans).  Principal Investments have unique risk (Principal Risks) due to their illiquidity, lack of market transparency, and their “first loss” or junior capital status.  Principal Investments are typically made with a tenor consistent with a longer-term investment objective and the associated Risks are governed under the Principal Risk Policy.

 

Principal Risk Reporting (PRR) produces weekly / monthly reports used by Principal Risk Management to monitor and manage the Firms risk profile of Principal Investments.  The team provides support for limit utilization management, client / product on-boarding into risk infrastructure, exposure / stress variance analysis, and process / system improvement projects related to Principal Investing.

 

Roles and Responsibilities:

 

  • Preform regular and ad-hoc reporting / presentations, including but not limited to data quality monitoring, exposure, limits, and stress analysis.
  • Effectively collaborate with business partners (including Risk business management, reference data teams, client on-boarding, product controllers/finance, credit executives and technology) to investigate variances and resolve data quality exception.
  • Collaborate with technology and other stakeholders on systems, process improvements, and planned releases.

The ideal candidate possesses the following skills:

  •  Candidate with 5 to 7 years prior experience with risk, whether in a management, reporting, or control capacity.
  • Some managerial experience is a plus
  • Knowledge of risk principles, credit or market risk products is a plus.
  • Strong analytical and investigative problem solving abilities.
  • A self-starter who is organized and consistently meets deliverables.
  • Detail oriented with good understanding of financial terminology/principles.
  • Excellent relationship building skills to work with colleagues across multiple groups’ Firmwide to obtain. relevant information for understanding breaks and managing exceptions appropriately.
  • Ability to work under pressure, prioritize multiple tasks, and bring tasks to complete closure.
  • Strong knowledge of MS Office.

Req #: 180052285
Location: Brooklyn, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 3000 US Dollar (USD)

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