JPMorgan Chase & Co.

As a Risk Management - Capital Risk Management Team - vice President, you will support the Chief Risk Officer for Balance Sheet Risk Management in identifying, measuring, monitoring, and controlling risks related to the firm’s balance sheet and capital..

Job Responsibilities

• You will be part of a team that is responsible for the independent assessment, measuring, monitoring, and control of capital risk across the Firm, ensuring the Firm has the sufficient level or composition of capital to support business activities and associated risks during normal economic environments and under stressed conditions. 
• Your role will also involve the ongoing monitoring of the Firm’s Basel regulatory framework to ensure compliance with the applicable Basel rules and associated relevant regulatory guidance
• The role has a mandate to perform assessments of the firm’s implementation of the Basel capital rules, and deep dives where the rule is complex or application of the rule would materially affect calculation of risk-weighted assets

Required qualifications, capabilities, and skills

• Strong analytical and problem-solving abilities, and experience in quantitative modeling or model review in one or more of the core regulatory capital frameworks: Market Risk, Counterparty Credit Risk, CVA
• Experience in technology and operations, on the development/implementation side and/or the process control side
• Strong ability to trace through complex financial systems and processes
• Experience reviewing technical business documentation and interviewing subject matter experts to draw conclusions
• Ability to distil regulatory rules and technical guidance into key requirements for use in assessments of regulatory rule compliance and producing reports for senior management and supervisors
• Ability to liaise with businesses, model developers, risk management, finance, technology, and operations to perform assessments
• Leverage control management, as required, to secure commitment to the timely and complete resolution of the root causes of control issues
• Draft and present reports to senior management detailing the findings from periodic assessments
• Detail oriented and ability to work independently while remaining current with emerging regulatory requirements and expectations

Preferred qualifications, capabilities, and skills

• Experience as an economist/financial economist in risk analysis division of OCC, supervision division of FRB (Bank or Board)
• Experience in quantitative modeling or model review/validation in one or more of the core regulatory capital frameworks: Market Risk, Wholesale Credit Risk, Retail Credit Risk, Counterparty Credit Risk
• Experience as a consultant implementing Basel rule requirements
• Excellent communication skills, both written and oral

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.