JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity.
The Firmwide Risk Appetite (FRA) team within Corporate Risk is responsible for developing the firmwide Risk Appetite framework, which includes establishing parameters and setting tolerances across risk types and line of businesses. Additionally, the FRA team leads the analysis and presentation of Risk Appetite results to senior management and the Board of Directors. The FRA team evaluates these results against tolerances in the context of the Firm’s desired risk profile, capital adequacy, liquidity management, business strategy, earnings and return targets.
Analyze and synthesize Risk Appetite results to quantify the impact of changes in the macroeconomic environment, exposure levels and methodology / modeling assumptions
Partner with Corporate and Line of Business Finance and Risk (market, credit, operational, liquidity, structural interest rate risk) teams to understand key business drivers of Risk Appetite results
Support ongoing enhancements to the firmwide Risk Appetite framework, including:
Development of new and refinement of existing Risk Appetite parameters
Assessment of the calibration of stress assumptions and diversification across risk types
Further integration of Risk Appetite into strategic business planning at the Firm and Line of Business levels
Minimum Bachelor's degree in a quantitative field
2-5 years work experience in the financial industry, preferably in risk management
Familiarity with stress testing and capital planning strongly preferred
Strong quantitative and analytical background, preferably with an understanding of risk management concepts (e.g., VaR and market risk stress; liquidity risk, structural interest rate risk, credit risk and operational risk management metrics) and statistical measures
Self-starter who proactively seeks ways to improve processes
High attention to detail and ability to work independently to produce executive-level materials / presentations
Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.
The firm invites all interested and qualified candidates to apply for employment opportunities.
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