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JOB TITLE: CIB Wholesale Credit Risk - North America [Multiple Positions Available]LOCATION: 383 Madison Avenue, New York, NY 10179.DUTIES: Perform portfolio level activities including analysis (variance, trend, concentration etc.). Develop LE Reports including design, monitoring and technology requirements. Present and explain materials for Board and Committee level updates (risk profiles, trends, strategy, commentary) to ensure internal and external deliverables are met. Collaborate with Credit Risk SMEs and partners and ensure thorough assessments and compliance by adhering to policies and procedures including Credit Risk Management, Credit Risk Management Wholesale, Credit Analysis, Credit Responsibility, Risk Grading, OTC and F&O Clearing Risk and also specific legal entity documents like JPMS LLC Credit Risk Management. Act as the focal point for LE Credit matters and escalations, applying Risk Grading and OTC/F&O Clearing Risk procedures to manage and resolve issues effectively. Maintain and update documentation and perform annual reviews for LE Credit Policy and Procedure, serving as the liaison to ensure all policies, including specific legal entity documents like JPMS LLC Credit Risk Management, are current and accessible to relevant stakeholders. Coordinate and implement Regulatory Requirements (existing, proposed, amended). Participate as subject matter expert on Regulatory updates and exams as well as Internal and External audits. Provision, analysis, and explanation of stress testing, leveraging available firmwide estimations and model suites to meet regulatory stress requirements. Perform deep dives and impact assessment, as needed. Portfolio limit and threshold setting and calibration in line with regulatory and firmwide expectations. Provision, analysis, and explanation of limit and thresholds utilization and variances period over period. Provide credit oversight of regulatory in-scope activities between internal Bank Chain LEs. Oversight includes facility creation, approvals, and exposure monitoring. Point of contact for legal entity credit risk on regulatory interactions, external and internal audits.REQUIREMENTS: Bachelor's degree in Business Administration, Finance, Economics, Administration, Data Analytics or related field of study plus 5 years of experience in the job offered or as CIB Wholesale Credit Risk - North America, TCIO Recovery and Resolution, Corporate and Investment Banking Credit Business Analyst, Risk Management Consulting - Consultant Capital Markets, Risk Management Consulting - Consultant Capital Market, Risk Management Consulting - Analyst, or related occupation. This position requires experience with the following: data analysis using descriptive and inferential statistics, variance, trend and correlation coefficients, as well as analytical excel tools including lookup, index match, data analysis add-ons, pivots; translating complex numerical findings into clear, high-level power point presentations with executive summary, tables, charts and graphs including pie charts, bar charts, time series, and histograms tailored for diverse audience including senior management, regulators, clients and external stakeholders; advanced risk management methodologies including the assessment and management of derivative exposures to options, futures, swaps, and other OTC derivatives, as well as experience with risk assessment metrics including strategic stress exposure (SSE), peak, MtM exposure and losses as well as non-parametric models and techniques; quantitative risk modeling; working within US regulatory requirements release from CFTC, SEC, FINRA rules; analyzing market and credit risk factors; Managing and analyzing credit products and exposure generation including stress tests, evaluating collateral, and understanding the impact of loan and derivative documentation including the following policies and procedures: Credit Analysis, Credit Responsibility, Risk Grading, OTC and F&O Clearing Risk; assessing the following credit risk metrics: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD); simulate adverse market conditions and their impact on credit portfolios through stress testing; collateral management practices, including the valuation and monitoring of collateral assets; loan agreements, ISDA documentation, and derivative contracts; analyzing, mapping, interpreting, and addressing specific documents and actions through the regulatory requirements and rules released by CFTC, SEC, FINRA for North America Legal Entities, especially those acting as Future Commission Merchant and Swap Dealer in order to assess impact to Credit Risk; ensuring compliance with CFTC regulations, including those governing the registration, reporting, and risk management practices of Swap Dealers and Futures Commission Merchants (FCMs), with a particular focus on intraday and overnight risk limits and stress metrics; ensuring adherence to SEC rules related to credit risk disclosures, capital-driven limit, reporting requirements, and the management of securities-based swaps; ensuring compliance with FINRA rules, related to the supervision and risk management of credit exposures in broker-dealer operations; ensuring compliance with Title VII of the Dodd-Frank Act, including the regulation of swaps and security- based swaps, including clearing, trading, and reporting requirements. Full-time. Salary: $150,000 - $150,000 per year. To apply for this position, please email your resume to [email protected] with following job ID clearly indicated: [MR-CWCR-RI-045331.006022]. JPMorgan Chase & Co. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.
Minimum Salary: 150,000 Maximum Salary: 150,000 Salary Unit: Yearly
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