About the Role
Join JP Morgan Chase’s Commercial & Investment Bank (CIB) Resolution & Recovery team and help shape how a leading global markets franchise prepares for and responds to recovery and resolution scenarios. As a Senior Associate, on the Resolution & Recovery team within Treasury, you will be responsible for building and enhancing models that inform wind-down and business packaging strategies across major asset classes (Rates, Equities, Fixed Income and FX). You’ll partner closely with finance, model risk, front office and corporate stakeholders to quantify liquidation costs, estimate liquidity impacts and assess Risk-Weighted Assets (RWA) implications. You’ll help deliver insights that inform senior leadership decisions while ensuring alignment with regulatory expectations at JP Morgan Chase, a leading investment Global Systemically Important Bank (G-SIB).
Responsibilities
- Develop and enhance models within the CIB Recovery & Resolution model suite
- Design packaging and unwind methodologies in partnership with stakeholders across markets and risk
- Quantify key impacts including liquidation costs, liquidity effects, and RWA outcomes under stress scenarios
- Produce high-quality model documentation with strong attention to detail and control standards
- Communicate clearly and confidently explain methodologies, limitations, findings, and solutions to Model Risk and senior management through regular updates and presentations
- Challenge assumptions and improve the framework through sensitivity testing, benchmarking, and structured problem-solving
- Serve as a primary point of contact for Model Risk, supporting effective model oversight and governance
- Collaborate with technology and change partners to implement and sustain model enhancements in production
Requirements
- 4+ years of experience in model development, review or analytics
- Hands-on experience with aspects of the model lifecycle, including model selection criteria, assumption justification, sensitivity testing, implementation support, documentation and control discipline
- Strong prioritization skills and ability to manage work across multiple models and deliverables
- Initiative-taking and self-organized with the ability to solve problems independently
- Ability to distill information clearly, which ranges from discussing detailed modeling methodologies with Model Risk to summarizing approaches and key information with senior management
- Comfortable with detailed independent analysis and coordinating inputs from others
- Must be authorized to work in the United States. No employment-based immigration sponsorship offered.
- JPMorgan Chase & Co. will not provide assistance or sign documentation for any other form of immigration sponsorship or benefit, including OPT or CPT.
Skills
- Python
- SQL
- Snowflake
Location
- Brooklyn
- Manhattan
Work Type
- Full-time
Experience Level
- Senior Associate
- 4+ years of experience
Education Level
- Advanced degree in Economics, Finance, Science, Accounting or a related field.
Salary/Compensations
- Competitive total rewards package including base salary determined based on the role, experience, skill set and location.
- May receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
Benefits
- Comprehensive health care coverage
- On-site health and wellness centers
- Retirement savings plan
- Backup childcare
- Tuition reimbursement
- Mental health support
- Financial coaching
About the Company
- JPMorganChase, 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.
- J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries.
- The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Equal Opportunity
- 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.
- JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
