Credit Risk Project

2 weeks ago

Newark, Delaware, United States JPMC Candidate Experience page Full time $104,000 - $156,000 per year

As an Associate in the Wholesale Capital Projects and Data Development team, you will coordinate Credit Risk initiatives across all stakeholders, develop execution strategies, and propose innovative solutions for new regulations. You will oversee capital implementation projects, collaborate with functional and technology teams, and manage change control to ensure project integrity and direction.

The Basel Measurement and Analytics group within the Chief Investment Office Treasury function partners with functions across JPMorgan Chase—including Capital Management, Risk Management, Model Development and Review, Risk Reporting, and Lines of Business—to establish controls, best practices, and accountability for the regulatory capital process. The group produces firm-wide credit risk regulatory capital results each month, oversees enhancements to the implementation and reporting infrastructure for Basel Three and other capital requirements, and manages stress testing for Comprehensive Capital Analysis and Review, risk appetite, quantitative impact studies for regulators, and ad-hoc requests from senior management. The team works closely with the Investment Bank's Quantitative Research Team to understand risk parameter methodology and capital policy interpretation.

Job responsibilities:

  • Coordinate Credit Risk initiatives across all stakeholders.
  • Develop execution strategies and propose innovative solutions for new regulations, capital interpretations, and model changes.
  • Oversee capital implementation projects from planning to execution.
  • Collaborate with functional and technology teams to gather requirements and deliver high-quality project outcomes.
  • Supervise production and submission of quantitative impact studies (QIS) for regulatory agencies.
  • Document and deliver comprehensive Business Requirements and Functional Specifications.
  • Prepare detailed test cases and conduct Functional and User Acceptance Testing.
  • Identify project benefits, define success criteria, and track key milestones.
  • Manage change control, configuration management, and highlight risks, issues, and dependencies.
  • Maintain regular communication with Program Sponsors, Senior Stakeholders, and project contacts to ensure project integrity and direction.

Required qualifications, capabilities and skills:

  • 3+ years of treasury, financial or regulatory reporting experience at a large financial institution
  • Working knowledge of Wholesale and/or Counterparty and/or Retail Basel regulatory capital rules, including general understanding of model development concepts
  • Experience driving large and complex initiatives across multiple functional groups in a high demand environment
  • Self-starter with ability to independently manage own work across initiatives and demonstrated ability to multi-task and respond quickly to changing priorities or issues
  • Experience with data structures, systems, and large and complex datasets
  • Excellent oral and written communication skills, including experience presenting to senior management and large groups
  • Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint) required
  • Strong problem solving and analytical skills

Preferred qualifications, capabilities and skills:

  • Knowledge of Basel III Finalization rules and analysis against U.S. and EMEA Basel III regulation a plus
  • Ability to query large datasets using SQL, Data bricks, Alteryx etc.

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