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Corporate - Firmwide Risk Appetite Associate

JP Morgan Chase Company

Corporate - Firmwide Risk Appetite Associate

New York, NY
Full Time
Paid
  • Responsibilities

    Corporate - Firmwide Risk Appetite Associate JP Morgan Chase 19,987 reviews - New York, NY 10179 JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity. The Firmwide Risk Appetite (FRA) team within Corporate Risk is responsible for developing the firmwide Risk Appetite framework, which includes establishing parameters and setting tolerances across risk types and line of businesses. Additionally, the FRA team leads the analysis and presentation of Risk Appetite results to senior management and the Board of Directors. The FRA team evaluates these results against tolerances in the context of the Firms desired risk profile, capital adequacy, liquidity management, business strategy, earnings and return targets. Key Responsibilities * Analyze and synthesize Risk Appetite results to quantify the impact of changes in the macroeconomic environment, exposure levels and methodology / modeling assumptions * Partner with Corporate and Line of Business Finance and Risk (market, credit, operational, liquidity, structural interest rate risk) teams to understand key business drivers of Risk Appetite results * Support ongoing enhancements to the firmwide Risk Appetite framework, including:

    • Development of new and refinement of existing Risk Appetite parameters
    • Assessment of the calibration of stress assumptions and diversification across risk types * Further integration of Risk Appetite into strategic business planning at the Firm and Line of Business levels Qualifications * Minimum Bachelor's degree in a quantitative field * 2-5 years work experience in the financial industry, preferably in risk management * Strong quantitative and analytical background, preferably with an understanding of risk management concepts (e.g., VaR and market risk stress; liquidity risk, structural interest rate risk, credit risk and operational risk management metrics) and statistical measures * High attention to detail and ability to work independently to produce executive-level materials, analysis, presentations * Strong communication skills and ability to clearly articulate complex concepts
    • Strong analytical skills and ability to distill high-level themes from granular data * Ability to work well under pressure and deliver under tight deadlines * Self-starter who proactively seeks ways to improve processes * Familiarity with stress testing and capital planning strongly preferred * Ability to develop partnerships across multiple business and functional areas * LI-POST JPMorgan Chase - 8 hours ago - save job - original job Apply On Company Site * Corporate jobs in New York, NY * Jobs at JP Morgan Chase in New York, NY * Corporate salaries in New York, NY JP Morgan Chase JP Morgan Chase 19,987 reviews At JPMorgan Chase, the work we do matters. All of us are committed to putting our resources and our voices to work every day for our... Let employers find you Thousands of employers search for candidates on Indeed Upload Your Resume
  • Industry
    Financial Services