Treasury/CIO Risk - Credit Risk Management Analyst

Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-classTreasury/Chief Investment Office (TCIO) oversees a $500Bn global fixed income investment portfolio used to manage the Firm s interest rate and currency exposure. The portfolio comprises a wide range of fixed income products, including asset-and-mortgage-backed securities, municipal bonds, and government securities. TCIO Credit Risk manages the credit risk emanating from this investment portfolio as well as other Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights).TCIO Credit Risk seeks to hire an analyst to join its Mumbai-based team. The individual will work alongside a team of analysts/associates that deliver detailed and high-quality credit analysis of CIOs existing and new investments in various credit assets (municipal bonds, corporate bonds, sovereign bonds, CLOs, other various securitized assets). As part of the teams investment portfolio risk management responsibilities, TCIO Credit Risk maintains a large portfolio of quantitative and qualitative credit risk models used for stress testing and credit reserve determination purposes. As part of the role, the selected individual will be provided opportunities to partner with senior team members in credit analytics and present conclusions in senior risk forums. Specific responsibilities for this role include:
• Perform in-depth credit analysis for various potential and existing TCIO investments across the fixed income spectrum. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment approvals on live transactions
• Participate in portfolio credit impairment projections as part of various Firmwide exercises including the industry-wide annual CCAR (Comprehensive Capital Analysis and Review) process and quarterly CECL (Current Expected Credit Losses) reserving process
• Work alongside senior team members around product specific deep dives required to support risk discussions, including preparation and delivery of analytical presentations for various senior Risk forums
• Participate in the development and maintenance of various credit loss models related to CCAR stress testing as well as CECL reserve projections. Liaise with independent Model Review teams to prepare model documentation, pass credible challenge and obtain usage approvals
• Partner with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology and Middle Office for other ongoing projects, thus leading to the continued build-out of the TCIO Credit Risk franchise
Minimum Skills, Experience and Qualifications We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role .
• Min 1-3 years of relevant work experience in credit risk management or in a credit rating agency
• Masters degree in business or professional qualification in Accountancy; excellent academic record
• Strong analytical background with sound understanding of financial statements, including ratio analysis, cash flow analysis, and fundamental knowledge around key accounting standards
• Excellent oral and written communication skills, with an ability to deliver effective presentations to senior management
• Demonstrated ability to partner effectively across different businesses and functional areas
• Ability to work under pressure
• Strong critical thinking skills, with thorough attention to detail
• Resourceful, and ability to multitask effectively
Additional Skills, Experience and Qualifications The following additional items will be considered but are not required for this role.
• Candidates having proficiency with Python or other analytical tools such as Alteryx & Tableau will be preferred
• Knowledge around regulatory requirements as relates to a credit fixed income portfolio, including CCAR stress testing and CECL loss reserving would be ideal
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Keyskills :
accountscash flow analysisfixed income derivativessavings accountscash flowsellingcredit cards