Stress Test Associate
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Role details
Tech stack
Job description
The Commercial & Investment Bank (CIB) Capital Stress Testing team resides within the CIB Planning and Analysis (P&A) team. This team partners with the Corporate Capital Stress Testing team (CCST) preparing JPMC’s Capital Plan to demonstrate capital strength under stress conditions as part of the regulatory Comprehensive Capital Analysis & Review (CCAR) framework., As an Associate in Planning and Analysis, you will be responsible for supporting ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. You will be a member of the CIB Capital Stress Testing team. The primary focus areas for this position will be to support ongoing stress testing activities, including the annual CCAR submission as well as quarterly capital stress test exercises. The individual will partner with colleagues in Corporate Capital Stress Testing, Risk functions, and line of business areas., * Preparation of executive presentation materials for CFO, CRO, and/or CEO
- Review roles matrix within the Automated Strategic Attestation Platform (ASAP) for accuracy and completeness
- Contribute key insights in the development and implementation of standards for capital stress testing
- Maintain regulatory supporting documentation, methodology narratives, and standard operating procedures as needed
- Perform ad-hoc analytical requests from senior management, other functions, and regulatory agencies
Requirements
- Bachelor’s degree in Accounting, Finance, Economics, or related field
- 4+ years of corporate finance experience in banking
- Advanced proficiency in Microsoft Office applications (Excel & PowerPoint in particular)
- Working knowledge of Income Statement and Balance Sheet with familiarity of associated banking products or willingness to learn
- The candidate must be a creative self-starter who is able to meet deadlines under pressure in a fast paced and results driven environment
- A detail-oriented problem solver with proven ability to evaluate processes, controls, and issues to determine and assess risks
Preferred Qualifications, Capabilities and Skills:
- Experience with Databricks, Tableau, Alteryx, Essbase, Anaplan XL, or SQL a plus
Additional Information
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
Benefits & conditions
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
About the company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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