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 -
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