Risk Management - Capital Risk Management - Vice President

About the role

As part of Risk Management and Compliance at JPMorgan Chase, you will provide independent oversight of capital risk across the firm. Capital Risk Management (CRM) responsibilities include:

• Defining, monitoring, and reporting capital risk metrics
• Establishing, calibrating, and monitoring capital risk limits and indicators, including capital risk appetite
• Developing processes to classify, monitor, and report capital limit breaches
• Performing assessments of the firm's capital management activities, including changes to the Contingency Capital Plan
• Conducting independent reviews of the firm's interpretation of and compliance with applicable regulatory capital requirements

Responsibilities

• Monitor regulatory capital metrics against capital risk limits and indicators; ensure accuracy of capital metrics being reported; analyze and escalate breaches as needed
• Guide process improvements and automations and develop new analytical capacities leveraging AI, LLM, etc.
• Analyze variances in capital metrics (such as Risk Weighted Assets, Leverage Exposure, CET1, Tier 1, Total Capital, TLAC, and LTD capital)
• Independently assess, review, and challenge the firm's capital management activities such as capital forecasts, capital actions, RWA / SCB / GSIB optimizations, internal targets, allocations, stress-test (CCAR) scenarios, and results
• Conduct deep dives impacting the firm's capital, such as changes in regulatory requirements, firm risk and/or balance sheet, market dynamics, and present findings to senior management
• Prepare board-level analysis and supporting presentations for senior/executive management forums
• Monitor current and emerging risks across asset classes under coverage; stay up-to-date with market news, regulations, and peer bank activity
• Frequent interactions with key members of capital management, capital P&A, line of businesses, controllers, and various support functions
• Lead the independent review of credit risk transfer or synthetic risk transfer transactions

Requirements

• 5+ years of experience in capital, liquidity, market risk, and/or other risk areas; Treasury/Finance background
• Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline; certification or enrollment in CFA
• Demonstrated proficiency in one or more of the following: LLM, Python, Tableau, Snowflake, Databricks, SQL, dashboard building
• Ability to quickly grasp new/unfamiliar concepts and assess potential risks to the firm's capital position
• Strong knowledge of financial markets and various asset classes (retail and wholesale loans, repos, margin loans, OTC derivatives, trading securities, etc.), especially securitization and market risk
• Understanding of balance sheet and income statement fundamentals, superior attention to detail, and process management
• Experienced in data-driven and fluent storytelling via PowerPoint and adept at using Excel
• Excellent oral and written communication skills with the ability to explain technical concepts in practical terms
• Strong analytical skills with the ability to develop a thesis, clearly present ideas, and draw appropriate conclusions
• Demonstrate high ownership, self-starter attitude, ability to work independently, and prioritize key tasks effectively

Preferred Qualifications

• Advanced degree in Finance, Mathematics, Financial Engineering, or a related quantitative discipline; certification or enrollment in CFA/FRM programs

Benefits

• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching

Additional details about total compensation and benefits will be provided during the hiring process.