Credit Risk Project & Execution, AssociateDelaware Staffing • Newark, DE, US

Credit Risk Project & Execution, Associate

Delaware Staffing • Newark, DE, US

2 days ago

Job type

Full-time

Job description

Associate Wholesale Capital Projects And Data Development

As an Associate in the Wholesale Capital Projects and Data Development team, you will coordinate Credit Risk initiatives across all stakeholders, develop execution strategies, and propose innovative solutions for new regulations. You will oversee capital implementation projects, collaborate with functional and technology teams, and manage change control to ensure project integrity and direction. The Basel Measurement and Analytics group within the Chief Investment Office Treasury function partners with functions across JPMorgan Chase-including Capital Management, Risk Management, Model Development and Review, Risk Reporting, and Lines of Business-to establish controls, best practices, and accountability for the regulatory capital process. The group produces firm-wide credit risk regulatory capital results each month, oversees enhancements to the implementation and reporting infrastructure for Basel Three and other capital requirements, and manages stress testing for Comprehensive Capital Analysis and Review, risk appetite, quantitative impact studies for regulators, and ad-hoc requests from senior management. The team works closely with the Investment Bank's Quantitative Research Team to understand risk parameter methodology and capital policy interpretation.

Job responsibilities :

Coordinate Credit Risk initiatives across all stakeholders.
Develop execution strategies and propose innovative solutions for new regulations, capital interpretations, and model changes.
Oversee capital implementation projects from planning to execution.
Collaborate with functional and technology teams to gather requirements and deliver high-quality project outcomes.
Supervise production and submission of quantitative impact studies (QIS) for regulatory agencies.
Document and deliver comprehensive Business Requirements and Functional Specifications.
Prepare detailed test cases and conduct Functional and User Acceptance Testing.
Identify project benefits, define success criteria, and track key milestones.
Manage change control, configuration management, and highlight risks, issues, and dependencies.
Maintain regular communication with Program Sponsors, Senior Stakeholders, and project contacts to ensure project integrity and direction.

Required qualifications, capabilities, and skills :

3+ years of treasury, financial or regulatory reporting experience at a large financial institution.

Working knowledge of Wholesale and / or Counterparty and / or Retail Basel regulatory capital rules, including general understanding of model development concepts.

Experience driving large and complex initiatives across multiple functional groups in a high demand environment.

Self-starter with ability to independently manage own work across initiatives and demonstrated ability to multi-task and respond quickly to changing priorities or issues.

Experience with data structures, systems, and large and complex datasets.

Excellent oral and written communication skills, including experience presenting to senior management and large groups.

Proficiency in MS Office product suite (Excel, Word, Access, and PowerPoint) required.

Strong problem solving and analytical skills.

Preferred qualifications, capabilities, and skills :

Knowledge of Basel III Finalization rules and analysis against U.S. and EMEA Basel III regulation a plus.

Ability to query large datasets using SQL, Data bricks, Alteryx etc.

JPMorgan Chase & Co. is one of the oldest financial institutions, offering innovative financial solutions to millions of consumers, small businesses, and many of the worlds 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. Those in eligible roles 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. 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.

Base Pay / Salary Jersey City, NJ $71,250.00 - $105,000.00 / year

Create a job alert for this search

Credit Risk Associate • Newark, DE, US