Credit Risk Middle Office Analyst

Location: Newark, DE, United States

Job Family: Risk Reporting

About the Role

At JPMorgan Chase, the Risk Management and Compliance division plays a pivotal role in safeguarding the firm's resilience by providing robust credit risk support across its global operations. As a Credit Risk Middle Office Analyst in the Risk Reporting category, you will join a dynamic team in Newark, DE, focused on monitoring and mitigating credit exposures in our wholesale banking and investment portfolios. This position offers the opportunity to contribute to the stability of one of the world's leading financial institutions, ensuring that credit decisions align with both business objectives and stringent regulatory standards. Your work will directly influence risk strategies that protect JPMorgan Chase's clients and shareholders in a complex, interconnected financial landscape. In this role, you will be responsible for conducting in-depth analysis of credit portfolios, generating insightful risk reports, and collaborating with cross-functional teams to identify potential vulnerabilities. Daily tasks include stress testing under various economic scenarios, validating credit limits, and supporting regulatory submissions like CCAR. You will leverage advanced analytical tools to interpret data trends, escalate emerging risks, and recommend enhancements to credit policies. This middle office function bridges front-line business activities with back-end compliance, requiring a keen eye for detail and a proactive approach to risk management within JPMorgan's sophisticated framework. JPMorgan Chase values innovation and integrity, providing a supportive environment where analysts can grow through hands-on experience and access to industry-leading resources. This position is ideal for professionals passionate about financial risk and eager to make an impact in a high-stakes setting. By joining our team, you will contribute to the firm's commitment to ethical banking practices and long-term sustainability in the financial services industry.

Key Responsibilities

• Conduct daily monitoring and analysis of credit exposures across JPMorgan Chase's wholesale and investment banking portfolios
• Prepare and deliver comprehensive credit risk reports to senior management and risk committees
• Collaborate with front office, middle office, and compliance teams to ensure adherence to credit policies and regulatory standards
• Perform stress testing and scenario analysis to assess potential credit risk impacts under various economic conditions
• Identify and escalate emerging credit risks, including early warning signals for portfolio deterioration
• Support the development and maintenance of risk models and methodologies specific to JPMorgan's credit risk framework
• Assist in regulatory reporting requirements, such as CCAR and Dodd-Frank stress testing submissions
• Review and validate credit approvals, limits, and collateral arrangements to mitigate risk
• Contribute to process improvements in risk reporting tools and data integrity within the Risk Management division
• Participate in cross-functional projects aimed at enhancing overall credit risk resilience at JPMorgan Chase

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• 2-5 years of experience in credit risk management, middle office operations, or financial services risk analysis
• Strong understanding of credit risk principles, including credit assessment, portfolio monitoring, and regulatory requirements
• Proficiency in financial modeling and data analysis tools relevant to risk reporting
• Knowledge of banking regulations such as Basel III, Dodd-Frank, and CCAR
• Excellent analytical skills with the ability to interpret complex financial data
• Ability to work in a fast-paced, high-stakes environment within a global financial institution

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Experience in the middle office of a major investment bank or financial institution
• Familiarity with JPMorgan Chase's internal risk management systems and processes
• Certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst)
• Prior exposure to wholesale credit risk or corporate lending portfolios

Required Skills

• Credit risk analysis and financial modeling
• Data analytics using Excel, SQL, and Python
• Regulatory knowledge (Basel, CCAR, Dodd-Frank)
• Report writing and presentation skills
• Attention to detail and accuracy in high-volume data environments
• Problem-solving and critical thinking
• Team collaboration and communication
• Time management in deadline-driven settings
• Understanding of financial instruments and derivatives
• Risk assessment and scenario planning
• Proficiency in risk management software (e.g., Moody's, S&P tools)
• Analytical mindset for interpreting market trends
• Adaptability to evolving regulatory landscapes
• Strong ethical judgment in compliance matters
• Interpersonal skills for stakeholder engagement

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs, including tuition reimbursement and access to JPMorgan's internal training
• Employee stock purchase plan and other financial wellness benefits
• Wellness programs, including gym memberships and mental health support
• Flexible work arrangements and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.