Sorry, this listing is no longer accepting applications. Don’t worry, we have more awesome opportunities and internships for you.

2023 Corporate & Investment Bank Risk Management Summer Analyst Program

JPMorgan Chase

JPMorgan Chase

2023 Corporate & Investment Bank Risk Management Summer Analyst Program

Plano, TX
Internship
Paid
  • Responsibilities

    JOB DESCRIPTION

    Working here means joining a collaborative, supportive team. We want your diverse perspective to help us innovate the next wave of products and solutions for our clients. You’ll have what you need to succeed - from training and mentorship from senior leaders to projects that engage all your skills.

    WHAT TO EXPECT

    Understanding, mitigating, and managing risk is at the forefront of how we do business, and critical to our current and future success. Risk managers help manage our financial reputations and regulatory performance, while working across the business to shape decisions, influence models and interface with regulators.

    The nine-week summer program starts with a five-day orientation and training session in New York. Expert instructors and J.P. Morgan professionals will teach you about our history, our products and the intellectual property that serve our clients. During training, you will learn skills that include valuation analysis, accounting, corporate finance, economics, equity capital markets, debt capital markets and risk analysis.

    You'll build your technical and practical knowledge on-the-job with opportunities in one of the groups listed below:

    • THE CHIEF INVESTMENT OFFICE, TREASURY AND CORPORATE (CTC) RISK TEAM is an independent risk function that manages the risk of the retained portfolio generated from the CTC businesses and includes Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also responsible for the independent risk management of Firmwide Liquidity Risk, Interest Rate Risk, and Capital Risk

    • THE CREDIT RISK TEAM works in partnership with areas of the Corporate and Investment Bank and is responsible for assessing client credit strength and approving and managing the firm's retained credit risk. This risk can relate to underwriting, lending, and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange, and other products.

    • THE MARKET RISK TEAM works in partnership with the Corporate and Investment Bank trading businesses to track market events, perform portfolio analysis and provide risk advisory for multiple asset classes, including FX, Rates, Equities, Credit, Securitized Products and Commodities retained by the firm.

    Once on the desk, depending on your group, your responsibilities as a Summer Analyst may include: performing analysis/due diligence on a counterparty/product, monitoring risk sensitivities across individual counterparties and the portfolio as a whole, building financial models, contributing to analytical exercises in response to global events, preparing reports to outline recommendations to senior management and assisting in evaluating market moves that could cause losses to the firm.

    You’ll have the chance to:

    • Learn about risk at a premier global investment bank

    • Understand the role of integrity and transparency in dealing with regulators, clients, and business partners

    • Work collaboratively across the entire organization to find and solve problems before they grow

    • Come up with innovative ways to solve challenges and answer queries

    • Work on complex problems that require creative solutions

    • Manage relationships with clients, regulators, and stakeholders to minimize risks and follow laws in various locations

    ABOUT YOU

    If you’re highly motivated and enjoy working in teams to come up with smart solutions, this is the role for you. Key skills include:

    • Exceptional quantitative, analytical and communication skills

    • Excellent project management skills

    • Strong initiative, energy, and confidence

    • The ability to thrive in a fast-paced, collaborative environment

    • Knowledge of Excel and Word

    • Fluency in English

    • Coursework in finance or economics a plus

    • Attend college/university in the U.S.

    • Minimum preferred cumulative GPA of 3.2 on a 4.0 scale.

    • Expected graduation date of December 2023 - June 2024 from Bachelors or Masters program (If you are pursuing a Master’s Degree, it must be completed within 2 years of your Bachelor’s Degree)

    • Authorization to work permanently in the U.S.

    To be eligible for this program, you must be authorized to work in the U.S. on a permanent basis. We do not offer any type of employment-based immigration sponsorship for this program. 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).

    JOIN US

    At JPMorgan Chase, we’re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you’re passionate, curious, and ready to make an impact, we’re looking for you.

    WHAT’S NEXT?

    Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible. After you confirm your application, we will review it to determine whether you meet certain required qualifications.

    If your application meets the required qualifications, you’ll receive another email invitation to complete a video interview, powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers.

    HireVue is required, and your application will not be considered for further review until you have completed your HireVue. We strongly encourage that you apply and complete this required element as soon as possible, since programs will close as positions are filled.

    JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds, and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities. Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more.

    About Us

    JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

    The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

    As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

    Equal Opportunity Employer/Disability/Veterans

    About the Team

    The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

    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.

  • Industry
    Financial Services
  • About Us

    JPMorgan Chase is one of the world's oldest, largest and best-known financial institutions. With a history that traces our roots to 1799 in New York City, we carry forth the innovative spirit of our heritage firms in our global operations in over 60 countries.