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.
As a Capital Markets Associate within the Home Lending Risk team at JPMorgan Chase, you will play a pivotal role in best execution strategies at various points in the mortgage life cycle. Your responsibilities will span across origination, core servicing and default servicing. You will be part of a team that is responsible for developing and executing a risk management discipline where risk and return considerations are appropriately factored into decision making. Your role will support key risk management decisions including Mortgage Servicing Rights (MSR), Held for Investment (HFI) Portfolio origination credit box, HFI Bulk Whole Loan Purchases, Mark to Market (MTM) and Jumbo Private Label Securitization (PLS) initiatives, and ongoing risk oversight and performance monitoring of key credit and portfolio risk management strategies.
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Job responsibilities
- Collect and analyze complex data to support the oversight of capital market activities, including the assessment of bulk Mortgage Servicing Rights (MSR) and loan acquisitions, sales, and securitizations
- Conduct analyses to evaluate initiatives related to portfolio credit parameters, due diligence defect analysis, and MSR acquisition risk tolerance
- Review risk assessments, waterfall structures, and stratifications for various bulk and securitization transactions
- Facilitate the flow of information across different functional groups to ensure seamless coordination
- Synthesize data and information into key messages for senior management discussions, including the preparation of transaction risk memos
- Perform ad hoc analyses and contribute to various projects as a representative of the Risk Management team
- Lead efforts to enhance and automate reports and streamline repetitive processes
Required qualifications, capabilities and skills
- Bachelor's degree
- Minimum 3 years of experience in risk management, capital markets or relevant field
- Strong understanding of various capital market structures and credit risk
- Exposure to lending products with the ability to identify and analyze risk segments
- Familiarity with company accounting statements, including balance sheets and income statements
- General knowledge of transactions such as originations, bulk MSR purchases and sales, whole loan sales and purchases, securitizations and other related functions within the capital markets space
- Experience with SAS/Alteryx
- Proficiency in Microsoft Excel, Word, and PowerPoint
Preferred qualifications, capabilities and skills
- Previous experience with securitized products, such as mortgage-backed securities (MBS) or other derivatives
- Experience working within a consumer bank, particularly in risk or compliance functions, or within transaction management, deal management or capital markets analytical roles
- Familiarity with company accounting statements, including balance sheets and income statements
- Strong communication skills
- Proven experience in stakeholder engagement, with the ability to build trust through diligent work and honest project assessments
- Ability to prioritize tasks and manage multiple assignments effectively, demonstrating proactivity in a fast-paced environment while maintaining composure under pressure
- Capacity to quickly and effectively respond to rapidly changing business needs and urgent requests
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
ABOUT US
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
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.
Equal Opportunity Employer/Disability/Veterans
ABOUT THE TEAM
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.