Risk Management - Risk Reporting Associate

Location: Newark, DE, United States

Job Family: Risk Reporting

About the Role

At JPMorgan 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. Our Risk Management division plays a critical role in safeguarding the firm by identifying, assessing, and mitigating risks across our diverse business lines. As a Risk Reporting Associate in our Newark, DE office, you will join a dynamic team dedicated to delivering actionable insights that drive informed decision-making for senior executives and regulators. This role is pivotal in the financial services industry, where precision in risk reporting can influence billions in assets and ensure compliance with stringent global standards. In this position, you will prepare and analyze a wide array of risk reports, leveraging cutting-edge tools to synthesize data from multiple sources. Your work will involve monitoring key risk indicators, performing scenario analyses, and collaborating with traders and compliance teams to highlight potential vulnerabilities in credit, market, and operational risks. At JPMorgan Chase, we emphasize innovation in risk management, so you will contribute to automating reporting processes using SQL, Python, and visualization platforms like Tableau, ensuring our reports are not only accurate but also timely and user-friendly for stakeholders. We seek candidates who thrive in a fast-paced environment and are passionate about the intersection of finance and technology. This role offers exposure to high-impact projects within one of the world's largest banks, with opportunities for career growth through our robust development programs. If you have a strong foundation in financial analysis and a commitment to ethical risk practices, join us in Newark, DE, to help shape the future of risk management at JPMorgan Chase.

Key Responsibilities

• Develop and maintain comprehensive risk reports for various asset classes, including credit, market, and liquidity risks
• Analyze risk data to identify trends, anomalies, and potential exposures impacting JPMorgan Chase's portfolio
• Collaborate with cross-functional teams including traders, compliance, and senior management to ensure accurate risk insights
• Utilize advanced analytics tools to automate reporting processes and enhance efficiency
• Ensure all reports comply with internal policies and external regulations such as SEC and Federal Reserve requirements
• Support ad-hoc risk assessments and scenario analyses for strategic decision-making
• Monitor key risk indicators (KRIs) and escalate issues to risk leadership as needed
• Contribute to the continuous improvement of risk reporting methodologies and tools
• Prepare presentations and dashboards for executive-level risk reviews
• Maintain data integrity and perform quality checks on all generated reports

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 2-4 years of experience in risk management, reporting, or financial analysis within the banking or financial services industry
• Proficiency in data analysis tools such as SQL, Excel, and Python for report generation
• Strong understanding of financial risk metrics including credit risk, market risk, and operational risk
• Ability to handle sensitive financial data with strict adherence to regulatory standards like Basel III and Dodd-Frank
• Excellent communication skills to present complex risk data to senior stakeholders
• U.S. work authorization and ability to work in Newark, DE

Preferred Qualifications

• Master's degree in Finance, Risk Management, or a quantitative field
• Experience with risk management systems such as Murex, Moody's Analytics, or SAS Risk Dimensions
• Knowledge of JPMorgan Chase's internal risk frameworks and reporting protocols
• CFA, FRM, or similar professional certification
• Prior internship or role at a major financial institution

Required Skills

• Proficiency in SQL for querying large financial datasets
• Advanced Excel skills including pivot tables, VBA, and data visualization
• Python or R programming for statistical analysis and automation
• Knowledge of risk modeling techniques such as VaR, stress testing, and Monte Carlo simulations
• Strong analytical and problem-solving abilities
• Excellent attention to detail for accurate data handling
• Effective written and verbal communication for stakeholder reporting
• Time management skills to meet tight reporting deadlines
• Familiarity with Tableau or Power BI for dashboard creation
• Understanding of financial instruments like derivatives, bonds, and equities
• Regulatory compliance awareness in banking
• Team collaboration and interpersonal skills
• Adaptability to evolving risk landscapes
• Quantitative aptitude for complex calculations
• Project management basics for report delivery

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 JPMorgan Chase's internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at select locations
• Flexible work arrangements and hybrid options where applicable

JP Morgan Chase is an equal opportunity employer.