Associate - Capital Risk Policy

Location: Mumbai, Maharashtra, India

Job Family: Balance Sheet Risk Management

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Associate - Capital Risk Policy role within our Balance Sheet Risk Management team plays a critical part in safeguarding the firm's financial stability. Based in our Mumbai office, this position focuses on independently assessing and ensuring JPMC’s compliance with US Basel capital regulations. You will contribute to a dynamic environment where innovation meets rigorous regulatory adherence, helping to manage capital resources effectively across our global operations. In this role, you will dive deep into the complexities of capital risk frameworks, analyzing how regulatory changes impact JPMC's balance sheet and overall risk profile. Responsibilities include developing robust policies, conducting compliance reviews, and collaborating with teams in New York and other hubs to align strategies. You'll leverage your expertise in Basel III/IV standards to perform gap analyses, stress tests, and reporting that support senior decision-making and regulatory submissions like CCAR. This is an opportunity to influence policy at a firm that sets industry benchmarks, while working on high-stakes projects that directly affect billions in capital allocation. We seek a proactive professional with a passion for financial regulation and risk management. Joining JP Morgan Chase means access to world-class resources, mentorship from industry leaders, and a culture that values diversity and inclusion. In Mumbai, you'll benefit from our state-of-the-art campus, fostering collaboration in a vibrant financial hub. If you thrive in a challenging, intellectually stimulating setting and are committed to upholding the highest standards of integrity, this role offers a platform to advance your career in one of the world's most respected institutions.

Key Responsibilities

• Independently assess JPMC’s compliance with US Basel capital regulations, including ongoing monitoring and gap analysis
• Develop and maintain capital risk policies to ensure alignment with evolving regulatory requirements
• Collaborate with cross-functional teams in Balance Sheet Risk Management to integrate policy into business operations
• Conduct impact assessments of regulatory changes on JPMC's capital framework and recommend adjustments
• Prepare detailed reports and presentations for senior management and regulatory bodies on capital risk metrics
• Support internal audits and external examinations by providing policy documentation and rationale
• Analyze balance sheet exposures and stress testing scenarios to validate capital adequacy
• Stay abreast of global regulatory trends and advise on their implications for JPMC's US operations
• Facilitate training sessions for teams on capital risk policy updates and best practices
• Contribute to the enhancement of risk management tools and methodologies specific to capital planning

Required Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field
• Minimum of 3-5 years of experience in risk management, regulatory compliance, or capital markets within the financial services industry
• Strong understanding of US Basel III capital regulations and related frameworks such as CCAR and Dodd-Frank
• Proficiency in financial modeling and analysis using tools like Excel, VBA, or Python
• Ability to interpret complex regulatory texts and translate them into actionable policies
• Experience with balance sheet management or capital adequacy reporting in a banking environment
• CFA, FRM, or similar professional certification

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Prior experience at a major financial institution like JP Morgan Chase or similar
• Knowledge of international capital standards (e.g., Basel IV developments) and their impact on US banks
• Familiarity with JP Morgan's internal risk management systems and processes
• Proven track record in regulatory policy development or audit support

Required Skills

• Expertise in US Basel capital regulations and regulatory reporting
• Financial modeling and quantitative analysis
• Regulatory compliance and policy development
• Risk assessment and stress testing methodologies
• Proficiency in Microsoft Excel, VBA, and SQL
• Strong analytical and problem-solving abilities
• Excellent written and verbal communication skills
• Attention to detail and accuracy in data handling
• Project management and cross-functional collaboration
• Knowledge of banking products and balance sheet management
• Adaptability to regulatory changes and fast-paced environments
• Interpersonal skills for stakeholder engagement
• Time management and prioritization under deadlines
• Ethical judgment in handling sensitive financial data
• Basic programming skills in Python or R for data analysis

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for certifications
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Global mobility opportunities within JP Morgan Chase's network

JP Morgan Chase is an equal opportunity employer.