Basel Measurement Analytics - Counterparty Credit Risk, Analyst

Location: Newark, DE, United States

Job Family: Business Analysis & Reporting

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, we are seeking a talented Analyst for our Basel Measurement Analytics - Counterparty Credit Risk team in Newark, DE. This exciting role positions you at the forefront of capital counterparty credit risk for derivatives and firmwide reporting, playing a critical part in ensuring our institution's compliance with global regulatory standards like Basel III/IV. As part of the Corporate & Investment Bank (CIB) division, you will contribute to sophisticated analytics that safeguard our balance sheet while supporting strategic decision-making in a dynamic, high-stakes environment. This position offers the opportunity to work with cutting-edge technologies and collaborate with elite professionals across risk, finance, and technology teams. In this role, you will develop and refine measurement models for counterparty exposures, analyze regulatory capital requirements, and produce insightful reports that inform executive leadership and regulatory bodies. Responsibilities include data extraction from vast financial datasets, validation of risk calculations, and the automation of reporting processes to enhance efficiency. You will partner closely with cross-functional groups to address evolving regulatory demands, such as those from the Federal Reserve's CCAR exercises, while identifying opportunities to optimize our risk frameworks. This is an ideal position for a detail-oriented professional passionate about quantitative finance and regulatory compliance. JPMorgan Chase is committed to fostering an inclusive culture where diverse perspectives drive innovation. We offer robust professional growth opportunities, including access to our world-class training programs and mentorship from industry leaders. Join us to advance your career in financial risk management while contributing to the stability and success of a global powerhouse. This hybrid role in Newark, DE, provides a balance of collaboration and flexibility, with competitive compensation and comprehensive benefits tailored to support your well-being and long-term goals.

Key Responsibilities

• Develop and maintain analytics models for measuring counterparty credit risk under Basel regulations
• Analyze and report on firmwide capital requirements for derivatives and other exposures
• Collaborate with risk management, finance, and regulatory teams to ensure accurate reporting
• Perform data validation and reconciliation for Basel measurement processes
• Support ad-hoc analyses for internal stakeholders and regulatory audits
• Enhance reporting frameworks to improve efficiency and compliance with evolving regulations
• Monitor key risk metrics and provide insights on potential impacts to capital adequacy
• Contribute to the automation of reporting workflows using advanced analytics tools
• Assist in the preparation of materials for senior management and regulatory submissions

Required Qualifications

• Bachelor's degree in Finance, Mathematics, Statistics, Computer Science, or a related quantitative field
• 2-4 years of experience in financial services, particularly in risk management, counterparty credit risk, or regulatory reporting
• Strong understanding of Basel III/IV frameworks and capital requirements for counterparty credit risk
• Proficiency in SQL, Python, or R for data analysis and manipulation
• Experience with financial derivatives and their risk measurement
• Knowledge of regulatory reporting standards such as CCAR, FR Y-14, or similar
• Ability to work in a fast-paced, collaborative environment with cross-functional teams

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline
• Prior experience at a major financial institution like JP Morgan Chase in risk analytics
• Familiarity with JPMorgan's internal risk systems or similar enterprise platforms
• Certification in financial risk management (e.g., FRM)
• Experience with big data tools like Hadoop or Spark in a financial context

Required Skills

• Proficiency in SQL for querying large financial datasets
• Programming in Python or R for risk modeling and analytics
• Strong analytical and quantitative skills for complex data interpretation
• Knowledge of derivatives pricing and valuation techniques
• Understanding of counterparty credit risk metrics (e.g., EAD, RWA)
• Excel and VBA for financial reporting and automation
• Excellent communication skills for presenting findings to stakeholders
• Attention to detail in regulatory compliance and data accuracy
• Problem-solving abilities in dynamic risk environments
• Team collaboration and project management skills
• Familiarity with data visualization tools like Tableau or Power BI
• Adaptability to regulatory changes in the financial services industry
• Time management for meeting tight reporting deadlines
• Basic understanding of machine learning applications in risk analytics

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and internal training programs
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers, wellness programs, and mental health support
• Flexible work arrangements and hybrid work options in Newark, DE

JP Morgan Chase is an equal opportunity employer.