Looking for a role where you can further develop your knowledge of Markets businesses, use your analytical and quantitative skills and work with stakeholders across the Firm to drive a challenging agenda? This position offers exposure to senior management, regulatory engagement, and the chance to work on high-profile projects. Join us and be part of a diverse, inclusive team that values innovation and collaboration.
As an Associate in the Resolution Stress Testing team, you will be at the forefront of developing our strategy to wind down markets businesses during a recovery or resolution event. You will work closely with various lines of business to develop strategies for packaging and selling our markets business. Your role will involve developing approaches to and quantifying exit costs, estimating liquidity impacts, and assessing Risk-Weighted Assets (RWA) as a result of the strategy. Play a crucial role in shaping the firm's strategic response to regulatory challenges and gain exposure across the organization to develop your expertise in stress testing in deep market and idiosyncratic scenarios considered in Recovery and Resolution Planning.
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Job Responsibilities:
- Act as a subject matter expert on packaging and selling markets businesses in a resolution event.
- Liaise between CIB Treasury and Business Finance teams to ideate strategies for winding down Markets businesses.
- Provide key analytics to answer questions on exit costs and impacts on liquidity and RWA profiles.
- Confidently explain results and keep senior stakeholders informed through regular presentations.
- Challenge processes with curiosity and analysis, continuously improving model methodologies.
- Seek the right answers, especially when they challenge assumptions.
Required Qualifications, Capabilities, and Skills:
- At least 4 years of experience in financial analysis or a related field
- Strong interpersonal skills and ability to strengthen intercompany relationships.
- Excellent analytical, problem-solving, and decision-making skills.
- Initiative-taking and self-organized with the ability to solve problems independently.
- Proficient in Excel and PowerPoint, with excellent communication skills for explaining technical concepts.
- Comfortable with detailed independent analysis and coordinating input from others.
Preferred Qualifications, Capabilities, and Skills :
- Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk, or valuations.
- Familiarity with automated solutions like Alteryx
NOTE: This position is not eligible for sponsorship
ABOUT US
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
ABOUT THE TEAM
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.