Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

The Home Lending Market Risk team within CTC Risk seeks to hire a risk professional to join its Market Risk Management function. The position will involve overseeing the Market Risk management of the Home Lending businesses, to include Pipeline/Warehouse, Mortgage Servicing Rights, and Held for Investment desks and based in the office in Jersey City or New York.

Job responsibilities

• Participate in the assessment, governance and control of the Market Risk for the business
• Involvement in computation and attestation of Value at Risk (VaR), Stress testing, scenario analysis, CCAR and Volcker reporting; Perform attribution analysis of risk positions and market analytics
• Provide technical analysis on models and assumptions related to the business
• Conduct deep dive and ad-hoc analyses related to the Mortgage business
• Participate as a risk stakeholder in various projects with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Technology and Product control
• Tightening of the control environment by identifying shortcomings and remediating open issues
• Partner with other risk teams on developing best practices and consistencies with models and risk methodologies

Required qualifications, capabilities, and skills

• Minimum Bachelor\'s degree in Finance/Math based discipline.
• Strong analytical & quantitative skills with a focus on risk management and models
• Existing knowledge of financial markets and Market Risks concepts such as VaR, Stress, and other non-statistical Market Risk measures
• Excellent written and verbal communications skills. Must be able to communicate with a wide variety of functional groups
• Ability to work independently with high attention to detail
• Working knowledge of Microsoft Word, Excel and PowerPoint
• Strong in controls, project management, time management

Preferred qualifications, capabilities, and skills

• Mortgage experience or market risk equivalent a plus.
• Experience with Mortgage products and preferably experience of the Pipeline/Warehouse business a plus

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 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. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment. As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm\'s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm\'s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be 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. Equal Opportunity Employer/Disability/Veterans Base Pay/Salary
NY $109,250.00 - $140,000.00 / year; NJ $109,250.00 - $140,000.00 / year