Resolution Stress Testing Markets - Vice President

Location: Brooklyn, NY, United States

Job Family: Treasury

About the Role

At JP Morgan Chase, we are at the forefront of redefining the future of financial services, and our Treasury division plays a pivotal role in ensuring the firm's stability and resilience. As a Vice President in Resolution Stress Testing Markets, you will be instrumental in developing robust strategies to wind down our Markets businesses during hypothetical resolution scenarios. This role, based in our state-of-the-art Brooklyn, NY office, involves quantifying exit costs from complex trading portfolios, assessing liquidity strains, and evaluating impacts on Risk-Weighted Assets (RWA). You will work closely with elite teams across Risk, Markets, and Regulatory Affairs to safeguard JP Morgan's position as a global leader while complying with stringent regulations like the Dodd-Frank Act and Basel III. This is an opportunity to contribute to enterprise-wide preparedness against systemic risks, leveraging cutting-edge analytics to model worst-case scenarios in derivatives, fixed income, and equities markets. Your core responsibilities will include leading the creation of wind-down playbooks for Markets operations, simulating stress events to measure funding gaps and collateral demands, and optimizing RWA usage under resolution pressures. You will collaborate with quants, traders, and compliance experts to integrate these insights into JP Morgan's annual Resolution Plan, submitted to regulators such as the Federal Reserve and FDIC. Expect to engage in dynamic scenario testing, from market crashes to operational disruptions, ensuring our Markets franchise can exit positions orderly without broader financial contagion. This position demands a blend of strategic foresight and technical precision, directly influencing how JP Morgan navigates regulatory expectations in an interconnected global economy. Joining JP Morgan Chase means becoming part of a culture that values innovation, integrity, and impact. We offer unparalleled resources for professional growth, including exposure to senior leadership and involvement in high-profile regulatory dialogues. If you thrive in a challenging environment where your expertise shapes the firm's resilience, this role will allow you to drive meaningful change in the financial services industry. Apply your passion for quantitative risk management to help protect one of the world's most admired banks.

Key Responsibilities

• Develop and refine strategies for the orderly wind-down of JP Morgan's Markets businesses during resolution scenarios, ensuring minimal market disruption
• Quantify exit costs associated with terminating derivatives positions, unwinding trades, and liquidating inventory in stressed conditions
• Assess and model liquidity impacts, including funding requirements and collateral needs, under various resolution stress tests
• Evaluate Risk-Weighted Assets (RWA) implications of resolution actions, incorporating market volatility and counterparty risks
• Collaborate with cross-functional teams in Treasury, Risk, and Markets to integrate resolution planning into broader enterprise risk frameworks
• Conduct scenario analysis and simulations to test the resilience of Markets operations in resolution, reporting findings to senior management and regulators
• Monitor regulatory developments in resolution and stress testing, updating models and strategies accordingly
• Prepare documentation and presentations for internal committees and external regulatory submissions, such as the annual Resolution Plan
• Identify opportunities to optimize capital and liquidity usage in Markets activities while maintaining compliance with resolution standards
• Support ad-hoc analyses on emerging risks, such as geopolitical events or market shocks, affecting resolution preparedness

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; advanced degree (Master's or PhD) preferred
• Minimum of 7-10 years of experience in financial services, with a focus on risk management, stress testing, or regulatory compliance in a major bank
• Deep knowledge of banking resolution frameworks, including Dodd-Frank Act, Single Point of Entry (SPOE), and Basel III requirements
• Proven experience in modeling liquidity, capital, and risk-weighted assets (RWA) under stress scenarios
• Strong understanding of Markets businesses, including derivatives, fixed income, equities, and commodities trading
• Familiarity with regulatory reporting and interaction with bodies like the Federal Reserve, FDIC, and OCC
• Ability to handle confidential information and work in a high-stakes, deadline-driven environment

Preferred Qualifications

• Experience at a Global Systemically Important Bank (G-SIB) like JP Morgan Chase, with direct involvement in resolution planning
• Certification in financial risk management (e.g., FRM) or quantitative finance
• Background in developing wind-down strategies for trading desks or market-making operations
• Prior work on liquidity stress testing models or RWA optimization in volatile market conditions
• Knowledge of JP Morgan's internal risk management systems and Treasury operations

Required Skills

• Advanced financial modeling and quantitative analysis using tools like Excel, VBA, Python, or R
• Expertise in stress testing methodologies and scenario-based risk assessment
• In-depth knowledge of derivatives pricing, valuation, and hedging strategies
• Proficiency in regulatory capital calculations, including RWA under Basel frameworks
• Strong analytical skills for liquidity forecasting and cash flow modeling
• Excellent communication and presentation abilities for stakeholder and regulatory interactions
• Project management skills to lead cross-functional initiatives in a matrix organization
• Attention to detail in data validation and model governance
• Adaptability to fast-paced, evolving regulatory environments
• Team collaboration and leadership in high-pressure settings
• Familiarity with data visualization tools like Tableau or Power BI for reporting
• Understanding of market microstructure and trading dynamics
• Risk identification and mitigation techniques specific to financial markets
• Proficiency in SQL for querying large financial datasets

Benefits

• Competitive base salary and performance-based annual bonus, aligned with JP Morgan's total rewards philosophy
• Comprehensive health, dental, and vision insurance plans with multiple coverage options
• 401(k) retirement savings plan with generous company matching contributions up to 6% of eligible pay
• Paid time off including vacation, sick days, and parental leave, plus firm-wide holidays
• Professional development programs, including tuition reimbursement and access to internal training at the JP Morgan Corporate University
• Wellness initiatives such as gym memberships, mental health resources, and employee assistance programs
• Flexible work arrangements, including hybrid options for eligible roles in Brooklyn, NY
• Stock purchase plan allowing employees to buy JP Morgan Chase shares at a discount

JP Morgan Chase is an equal opportunity employer.