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JPMorganChase · 5 months ago

Resolution Stress Testing Markets - Vice President

4 Chase Metrotech Ctr, Brooklyn, NY, 11245, US

Full-time

Onsite

Mid, Senior Level

$128K/yr - $190K/yr

7+ years exp

JPMorganChase is seeking a Vice President in the Resolution Stress Testing team to develop modeling strategies for winding down markets businesses during recovery or resolution events. The role involves collaborating with various lines of business, quantifying exit costs, estimating liquidity impacts, and assessing Risk-Weighted Assets while shaping the firm’s strategic response to regulatory challenges.

Asset ManagementBankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Act as the modeling lead across the Commercial and Investment Banking Recovery & Resolution model suite

Partner with finance teams to develop packaging and unwinding methodologies

Create accurate and sustainable modeling frameworks; developing strong implementation structures is key

Confidently explain results and keep senior stakeholders informed through regular presentations

Challenge pre-existing modeling assumptions to improve the process

Serve as the counterweight and primary contact for Model Risk

Qualification

Model developmentModeling best practicesDerivatives pricingPythonAlteryxPrioritization skillsProblem-solvingClear communication

Required

At least 7 years of experience in model development, review or testing

Strong sense of modeling best practices, including model success criteria, documentation and implementation

Strong prioritization skills, with the ability to manage a book of work on several models

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 input from others

Preferred

Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk, or valuations

Technical skills including Python or Alteryx

Company

JPMorganChase

Glassdoor4.0

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10001+ employees