Credit Risk Project & Execution, Associate

Location: Newark, DE, United States

Job Family: Business Analysis & Reporting

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Credit Risk Project & Execution team plays a pivotal role in ensuring robust capital management and accurate firmwide reporting. As a Credit Risk Project & Execution Associate in Newark, DE, you will join a dynamic group within the Corporate & Investment Bank, focusing on high-impact projects that enhance our risk frameworks and data capabilities. This role offers the opportunity to work on cutting-edge initiatives that directly influence strategic decision-making, leveraging JP Morgan's vast resources to drive efficiency and compliance in a complex regulatory environment. You will contribute to projects that span global operations, collaborating with experts in risk, technology, and finance to deliver solutions that protect and grow our institution's assets. In this position, you will execute end-to-end project lifecycles for credit risk initiatives, from scoping and planning to implementation and evaluation. Key responsibilities include developing data pipelines for firmwide reporting, analyzing credit portfolios to optimize capital usage, and ensuring alignment with evolving regulations like Basel III. You will partner with senior leaders to identify risks and opportunities, using advanced analytics to provide actionable insights that support JP Morgan Chase's commitment to sound risk management. This role demands a blend of technical expertise and business acumen, as you navigate challenges in a fast-paced setting where precision and innovation are paramount. We value associates who thrive in collaborative environments and are passionate about the financial services industry. Joining JP Morgan Chase means access to world-class tools, mentorship, and career growth opportunities within one of the largest banks globally. If you are ready to make a tangible impact on credit risk strategies that safeguard our clients and the firm, this Associate-level role in Newark, DE, is an exciting step forward in your career.

Key Responsibilities

• Lead the execution of credit risk projects focused on capital allocation and optimization across JP Morgan Chase's global operations
• Collaborate with stakeholders to develop and implement data strategies for enhancing firmwide risk reporting accuracy and efficiency
• Analyze complex credit risk datasets to identify trends, gaps, and opportunities for process improvements
• Coordinate cross-functional teams to ensure timely delivery of project milestones while adhering to regulatory standards
• Monitor and report on project progress, risks, and outcomes to senior leadership within the Credit Risk Management division
• Support the integration of advanced analytics and automation tools into credit risk workflows
• Contribute to the development of policies and procedures for capital projects and data quality assurance
• Participate in audits and regulatory reviews related to credit risk reporting and compliance
• Foster innovation in data development initiatives to drive better decision-making in risk management

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• 3-5 years of experience in credit risk management, financial reporting, or project execution within the financial services industry
• Strong understanding of regulatory requirements for capital projects and firmwide reporting, such as Basel III and Dodd-Frank
• Proficiency in data analysis and visualization tools relevant to risk assessment
• Demonstrated ability to manage multiple projects with tight deadlines in a high-stakes environment
• Excellent communication skills for collaborating with cross-functional teams including risk, finance, and technology groups

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications like FRM or CFA
• Experience working at a major financial institution like JP Morgan Chase on capital optimization initiatives
• Knowledge of JP Morgan's internal risk management frameworks and data governance policies
• Prior involvement in data development projects for firmwide reporting systems

Required Skills

• Credit risk modeling and assessment
• Project management methodologies (e.g., Agile, Waterfall)
• Data analysis using SQL, Python, or R
• Financial reporting and regulatory compliance
• Stakeholder management and communication
• Problem-solving and analytical thinking
• Attention to detail in data validation
• Proficiency in Microsoft Excel and PowerPoint
• Knowledge of risk management software (e.g., SAS, Tableau)
• Team collaboration and leadership
• Time management in fast-paced environments
• Understanding of capital markets and banking operations
• Adaptability to evolving regulatory landscapes
• Quantitative analysis skills

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 opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers and wellness programs at select locations
• Flexible work arrangements and hybrid work options in Newark, DE

JP Morgan Chase is an equal opportunity employer.