Risk Management- Counterparty Credit Risk- Associate

Bring your expertise to JPMorganChase.

As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient.

You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.

Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

CCR is seeking an Associate to join the Counterparty Risk team in Plano, Texas.

The successful candidate will conduct in-depth portfolio analysis, stress testing, and scenario analysis to assess counterparty portfolio exposures under various market conditions.

Responsibilities include collaborating with stakeholders such as Credit Officers, Technology, Quantitative Research (QR), Product, and Risk Reporting teams to enhance existing processes and develop tools for efficiency and automation.

The candidate will work with team members and stakeholders across various locations to augment counterparty risk metrics, develop strategic capabilities, establish synergies & best practices, and ensure accurate & timely delivery of team's objectives.

Job Responsibilities

• Monitor portfolio risk metrics, including Strategic Stress Exposure (SSE), Gross Market Concentrations (GMC), Wrong Way (WW) Risks, and Stress Expected Losses (Stress EL), to ensure compliance with prescribed thresholds and tolerances.

• Conduct ad-hoc deep-dives on market themes, concentrated risks, exposure trends, and client positioning to evaluate potential emerging risks and identify risk management strategies.

• Identify, recommend, and assist in developing methodology, frameworks (e.g.

risk appetite, limit, etc) and solutions to optimize portfolio risk management and enhance decision-making processes.

• Execute and analyze regulatory stress submissions (e.g CCAR, EAD/MPE, RWA capital etc.), for counterparty credit risk.

•Prepare accurate and timely analysis for regulatory and management requests on counterparty risks and stress.

•Stay informed about the regulatory landscape, stress testing requirements, and methodologies to ensure compliance and best practices.

•Collaborate with cross-functional teams, including risk officers, technology, and risk reporting, to ensure comprehensive analysis and reporting of counterparty exposures.

•Contribute to firm-wide projects focused on key counterparty credit exposure metrics and technical enhancements.

Required Qualifications, Capabilities, and Skills

• Bachelor's degree in quantitative disciplines such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, or Economics.

• Over 3 years of experience in risk management, stress testing, or portfolio analytics within a financial institution.

• Strong understanding of the sensitivity (e.g.

delta, vega) of a derivative pricing, and th...