JPMorgan Credit Risk Measurement Analytics - Associate 

China, Hong Kong, Hong Kong Island 

108606245

As an Associate in the Credit Risk Measurement and Analytics (CRMA) team, you will be part of the team managing credit risk oversight of marketable-securities-backed lending programs, capital markets activities, derivative programs, and principal market risk for the Global Private Bank (GPB) and Wealth Management (WM). We also manage associated risk measurement and stress testing frameworks, which include (a) methods to establish collateral requirements to secure credit exposure; and (b) stress testing for sufficient collateral, establishing reserves; and measuring risk appetite. Our key stakeholders include the Risk organization, Lending & Trading Solutions providers, Lenders, Investors and Finance. You will be expected to develop expert knowledge of global financial markets, market and credit risk management frameworks, risk analytics, and WM’s lending solutions and derivatives businesses. If you possess an entrepreneurial mindset, are comfortable working at the fast pace of markets, see ambiguity as an opportunity, and go the extra step to find the best solution, this opportunity may be a right fit for you.

Job responsibilities

• Provide Lending Value (Margin Requirement) Coverage; Support front-office investment and lending decision makers in understanding CRMA’s methodologies; Cover designated regions and product desks as methodologies expert; Support deal process through construction of lending values for new or complex asset classes, deal structures, and strategies; Partner with Quantitative Research (“QR”) to review, assess, and recommend monthly Lending Value Changes and communicate to Chief Risk Officers, Global & Regional Lending leads and heads of business
• Become an expert on global market dynamics, risk scenario construction, and interpretation; Analyze impact of events to lending values, margin requirements, and clients; Produce oversight analytics & reporting, as needed; Support senior CRMA members in event driven risk reviews; Present analyses and recommendations to CRMA leadership, and risk management & front-office decision-making forums
• Support product coverage of loans secured by marketable securities; Analyze market risk and liquidity profiles of collateral; Review credit profiles of clients; Understand client strategies
• Partner with business and support teams to evaluate results of established stress testing; Produce stress testing deliverables as required; Support and produce ad-hoc (event-driven) stress testing; Partner with global front-office, risk management, and support teams in periodic production of global regulatory deliverables (e.g., Comprehensive Capital Analysis and Review); Support senior CRMA team members with periodic evaluations of risk appetite; Support CRMA leadership with market risk oversight, limit monitoring, and limit construction for new initiatives
• Partner with QR, credit risk, and front-office teams to develop and review models, methodologies, and assumptions for Lending Value / Initial Margin for clients’ securities / derivatives activity; Partner with firmwide QR and front-office teams to review and challenge existing models, assumptions, and analytics associated with stress test production; Partner with firmwide QR, credit risk, and front-office teams to enhance existing and new analytic tools; Support CRMA leadership with designing control frameworks, document related guidelines & execute implementation with business partners
• Support CRMA leadership in operational uplifts; Lead data research projects to design new architectures to unlock new information; Lead reporting and metric design to create new information capabilities

Required qualifications, capabilities, and skills

• Minimum of a Bachelor’s degree in Finance, Risk Management or a related discipline
• At least 2 years of experience in a credit analysis, technical, trading, or research-oriented role
• Broad financial product knowledge
• Practical knowledge of Python and associated data analytics packages preferably in a professional environment
• Practical knowledge of Tableau, or other Business Intelligence (BI) / Data Visualization Tools, and Microsoft office suite (Excel/PowerPoint/Word)
• Excellent communication and interpersonal skills
• Good team player, and high sense of ownership

Preferred qualifications, capabilities, and skills

• Graduate degree a plus
• Academic background/concentrations in, or professional experience with, financial mathematics, quantitative risk methodologies, financial engineering, and/or data science
• Demonstrated experience with Lending Value, CRSS, Gauss, Athena, and MaRRS systems & analytics
• Professional experience in credit risk management, market risk management, derivatives, or hedging strategies a plus