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Chase · 4 months ago

Risk Management - Credit Risk Management - Senior Associate – Chief Investment Office and Treasury

277 Park Ave, New York, NY, 10172, US

Full-time

Onsite

Mid Level

$135K/yr - $150K/yr

3+ years exp

Chase is a leading financial institution seeking a Senior Associate in Credit Risk Management within their Treasury and Chief Investment Office. The role involves conducting credit risk due diligence on various fixed income products, managing evolving risks, and contributing to the firm's innovative risk management processes.

BankingFinancial Services

Responsibilities

Perform in-depth credit analysis for various TCIO investments. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment decisions

Work alongside senior team members on product-specific analyses required to support risk discussions and thematic deep dives. This includes preparation and delivery of analytical presentations for various senior risk forums

Participate in projecting portfolio credit impairment or estimating credit reserves as part of various firmwide exercises like CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses)

Contribute to development and maintenance of regulatory stress testing and reserve provisioning models

Collaborate with Portfolio Managers, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology, and Middle Office for ongoing projects, contributing to continued development of the TCIO Credit Risk franchise

Qualification

Credit risk managementFixed income productsRegulatory stress testingAnalytical languagesFinancial statement analysisMultitaskingVerbal communicationWritten communicationSelf-motivated

Required

Strong analytical background with a sound understanding of, or deep interest in, various fixed income products, securitization, and financial statement analysis

Strong risk and control mindset, with the ability to ask incisive questions, work collaboratively with cross-functional teams across geographic time-zones, assess risk and mitigants, and escalate appropriately

Self-motivated and willing to take initiative, ability to multitask effectively

Excellent verbal and written communication skills, with the ability to summarize complex information and deliver it at business executive level

3+ years of relevant work experience in credit risk management within a financial organization or a credit rating agency

An excellent academic record with a bachelor's degree in finance, economics, business administration, engineering, mathematics, or a related discipline

Preferred

Proficiency in advanced analytical languages such as Python, R

Knowledge of regulatory stress testing and reserve provisioning frameworks, such as CCAR and CECL, and the resultant requirements for fixed income investment portfolios