Full-Time
Wholesale Credit Risk Management
Counterparty Risk, Vice President
Confirmed live in the last 24 hours
JP Morgan Chase
10,001+ employees
Global financial services and investment banking
No salary listed
Senior
New York, NY, USA
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- Minimum of Masters degree in a quantitative discipline
- 5 years of experience in Wholesale Credit Risk, Counterparty Risk, Quantitative Research, Quantitative Strategy or similar area
- Substantial experience with Python or C++
- Solid understanding of cleared products, risk management methodologies (VAR and stress testing) across all asset classes
- Strong communication/partnership skills and attention to detail - ability to clearly and logically articulate information, both verbally and in writing
- Strong risk and control mindset
- Ability to deliver on multiple time sensitive timelines
- Serve as a subject matter expert for CCP quantitative related issues.
- Create and maintain models and tools in Athenas/Python to assess adequacy of CCP margin requirements of cleared derivatives.
- Develop models and tools to support the evaluation of the efficacy of risk frameworks.
- Develop statistical models and tools for the assessment and management of counterparty credit risk.
- Design and implement software framework for counterparty credit risk in Python, delivering results through dashboards.
- Partner with control teams for ongoing model and risk governance.
- Engage tech partners to deploy the models to Credit Officer’s desktops.
- Prior experience with technical writing
JPMorgan Chase & Co. offers a variety of financial services, including investment banking, asset management, and consumer banking, to a diverse clientele that ranges from individuals to large corporations and governments. The company leverages its expertise and proprietary data to provide high-quality financial products, generating revenue through interest, fees, and commissions. Unlike its competitors, JPMorgan Chase emphasizes integrity, service, and community development, with initiatives aimed at supporting veterans and local communities. Its goal is to deliver comprehensive financial solutions while contributing positively to society and the economy.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1959
Simplify's Take
What believers are saying
- Expansion into Nigeria offers growth opportunities in a new market.
- Focus on digital banking enhances customer experience and operational efficiency.
- Sustainable finance and ESG investing attract environmentally conscious investors.
What critics are saying
- Increased competition from FinTech firms could erode market share in consumer payments.
- U.S. tariffs and potential retaliatory measures may impact international operations.
- Recession fears could lead to increased loan loss reserves, affecting financial performance.
What makes JP Morgan Chase unique
- JPMorgan Chase leverages over 200 years of financial expertise and global market presence.
- The firm offers a diverse range of services, from investment banking to consumer banking.
- JPMorgan Chase is committed to social responsibility, supporting veterans and community development.
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Benefits
Health Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
Company News
This week, America’s biggest banks are set to report their quarterly earnings. But as Reuters reported Tuesday (April 8), investors are less likely to be focused on profits than on the banks’ view of the economy amid steep U.S. tariffs. Wells Fargo analyst Mike Mayo said the biggest impact of the tariffs in the quarters to come “will be higher reserves for loan losses as the odds of recession rise.”
Neogen ® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the successful refinancing of the remaining $550 million
Consumer payments have become a “new battleground” for banks, JPMorgan Chase Chairman and CEO Jamie Dimon said Monday (April 7) in his annual letter to shareholders. Dimon highlighted the evolving competition from FinTech firms as a key concern for the financial industry. He did so in a shareholder letter covering a broad range of topics, including the recent tariffs, geopolitical tensions and economic uncertainties. The competitive pressures from FinTech companies featured prominently in Dimon’s remarks. He said the emergence of consumer payments as a new battleground is driven by third parties vying for access to banks’ customer data
JPMorgan’s CEO says America’s latest tariffs could dampen an economy that was “already weakening.”. In his annual letter to shareholders, published Monday (April 7), Jamie Dimon argues that there are several uncertainties tied to the tariff policy: the effect on confidence, investments, corporate profits and the U.S. dollar, as well as retaliation by other countries. “The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse,” Dimon wrote. “In the short run, I see this as one large additional straw on the camel’s back.”
JPMorgan Chase & Co. has $61.97 million holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC).