Credit Risk Associate - Treasury and Chief Investment Office

Join JPMorgan Chase in Risk Management and Compliance, where you'll play a crucial role in maintaining the firm's strength and resilience. Use your expertise to anticipate risks and solve challenges that affect our company and communities. Our culture encourages innovative thinking and excellence. As part of the Treasury and Chief Investment Office, you'll manage credit risk for the firm's diverse investment portfolio, including fixed income products like asset-backed securities and government bonds.

As an Associate in Credit Risk Management - Treasury and Chief Investment Office (TCIO), you will play a critical role in identifying and managing evolving risks. You'll conduct credit risk due diligence on both new and existing investments across various fixed income products like CMBS, RMBS, ABS, CLO, and Municipal Bonds. You'll stay on top of market developments, assessing their impact on our portfolio and engaging in discussions with senior management and portfolio managers.

Additionally, you'll contribute to the team's innovation agenda by developing creative solutions and strategies that enhance our risk management processes and drive forward-thinking investment decisions.

Job responsibilities:

• Perform in-depth credit analysis for various TCIO investments. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment decisions
• Work alongside senior team members on product-specific analyses required to support risk discussions and thematic deep dives. This includes preparation and delivery of analytical presentations for various senior risk forums
• Participate in projecting portfolio credit impairment or estimating credit reserves as part of various firmwide exercises like CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses)
• Contribute to development and maintenance of regulatory stress testing and reserve provisioning models
• Collaborate with Portfolio Managers, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology, and Middle Office for ongoing projects, contributing to continued development of the TCIO Credit Risk franchise

Required Qualification, capabilities, and skills

• Strong analytical background with a sound understanding of, or deep interest in, various fixed income products, securitization, and financial statement analysis
• Strong risk and control mindset, with the ability to ask incisive questions, work collaboratively with cross-functional teams across geographic time-zones, assess risk and mitigants, and escalate appropriately
• Self-motivated and willing to take initiative, ability to multitask effectively
• Excellent verbal and written communication skills, with the ability to summarize complex information and deliver it at business executive level
• 3+ years of relevant work experience in credit risk management within a financial organization or a credit rating agency
• An excellent academic record with a bachelor’s degree in finance, economics, business administration, engineering, mathematics, or a related discipline

Preferred qualifications, capabilities, and skills

• Proficiency in advanced analytical languages such as Python, R
• Knowledge of regulatory stress testing and reserve provisioning frameworks, such as CCAR and CECL, and the resultant requirements for fixed income investment portfolios