Resolution & Recovery Model Development - Senior Associate Job at JPMorgan Chase & Co., Brooklyn, NY

TVpBNldNMTE5VWdqZk9Kclc3Tm0xRzJXdUE9PQ==
  • JPMorgan Chase & Co.
  • Brooklyn, NY

Job Description

Job Description

Join JP Morgan Chase’s Commercial & Investment Bank (CIB) Resolution & Recovery team and help shape how a leading global markets franchise prepares for and responds to recovery and resolution scenarios.

 

As a Senior Associate, on the Resolution & Recovery team within Treasury, you will  responsible for building and enhancing models that inform wind-down and business packaging strategies across major asset classes (Rates, Equities, Fixed Income and FX). You’ll partner closely with finance, model risk, front office and corporate stakeholders to quantify liquidation costs, estimate liquidity impacts and assess Risk-Weighted Assets (RWA) implications. You’ll help deliver insights that inform senior leadership decisions while ensuring alignment with regulatory expectations at JP Morgan Chase, a leading investment Global Systemically Important Bank (G-SIB). The primary office is Brooklyn; expected to work from Manhattan periodically.

 

Job responsibilities

  • Develop and enhance models within the CIB Recovery & Resolution model suite
  • Design packaging and unwind methodologies in partnership with stakeholders across markets and risk
  • Quantify key impacts including liquidation costs, liquidity effects, and RWA outcomes under stress scenarios
  • Produce high-quality model documentation with strong attention to detail and control standards
  • Communicate clearly and confidently explain methodologies, limitations, findings, and solutions to Model Risk and senior management through regular updates and presentations
  • Challenge assumptions and improve the framework through sensitivity testing, benchmarking, and structured problem-solving
  • Serve as a primary point of contact for Model Risk, supporting effective model oversight and governance
  • Collaborate with technology and change partners to implement and sustain model enhancements in production

 

Required qualifications, capabilities, and skills

  • 4+ years of experience in model development, review or analytics
  • Advanced degree in Economics, Finance, Science, Accounting or a related field. 
  • Hands-on experience with aspects of the model lifecycle, including model selection criteria, assumption justification, sensitivity testing, implementation support, documentation and control discipline
  • Strong prioritization skills and ability to manage work across multiple models and deliverables
  • Initiative-taking and self-organized with the ability to solve problems independently
  • Ability to distill information clearly, which ranges from discussing detailed modeling methodologies with Model Risk to summarizing approaches and key information with senior management
  • Comfortable with detailed independent analysis and coordinating inputs from others

Preferred qualifications, capabilities, and skills

  • Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk or valuations
  • Technical skills including Python, SQL and/or Snowflake

 

Additional Information 

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our  FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Job Tags

Work at office, Visa sponsorship

Similar Jobs

Confidential

Director, Product Management (CBS Sports) Job at Confidential

 ...locations in addition to Nashville Overview: Own the product direction for one of the largest sports apps in the country. The CBS Sports App is home to some of the biggest sporting events in the world: The Masters, NFL, March Madness, Champions League, and more.... 

Cosmo Cabinets

Construction Manager - Florida Job at Cosmo Cabinets

 ...the loading dock. # QC drawings . Review and quality-check all submittals and shop drawings before they go to the client. # Coordinate trades. Work directly with general contractors, superintendents, and other trades onsite so our installs land clean the first time... 

Red Horse Trucking

Class A CDL drivers Local or OTR Job Job at Red Horse Trucking

Class A CDL drivers Local or OTR JobAll drivers drawn to drive we have lanes on the lower 48 states. If you are one of those drivers who like to be home with your family, we also have short runs that allow you to be home every weekend with your family. Se habla espa... 

LV Luxury Jewelers

Model Sales Assistant Job at LV Luxury Jewelers

 ...We are seeking a motivated and detail-oriented Model Sales Assistant to support our Sales Associates in delivering exceptional customer...  ...and welcoming experience. - Maintain a detailed knowledge of Brand timepieces, features, and brand history to assist in answering customer... 

Walmart

(USA) Prepared Food Lead Job at Walmart

 ...and production specifications prioritizing time between areas Collaborates with associates...  ...ethics and compliance models the Walmart values to support and foster our culture holds...  ...education benefit program for full-time and part-time associates in Walmart and Sam's Club...