Resolution & Recovery Model Development - Senior Associatenew
JPMorgan Chase (JPMC) · Other
- Brooklyn, NY, United States
- Grade Associate
- Professional · Full time
Join JP Morgan Chase’s Commercial & Investment Bank (CIB) Resolution & Recovery team and help shape how a leading global markets franchise prepares for and responds to recovery and resolution scenarios.
As a Senior Associate, on the Resolution & Recovery team within Treasury, you will responsible for building and enhancing models that inform wind-down and business packaging strategies across major asset classes (Rates, Equities, Fixed Income and FX). You’ll partner closely with finance, model risk, front office and corporate stakeholders to quantify liquidation costs, estimate liquidity impacts and assess Risk-Weighted Assets (RWA) implications. You’ll help deliver insights that inform senior leadership decisions while ensuring alignment with regulatory expectations at JP Morgan Chase, a leading investment Global Systemically Important Bank (G-SIB). The primary office is Brooklyn; expected to work from Manhattan periodically.
Job responsibilities
- Develop and enhance models within the CIB Recovery & Resolution model suite
- Design packaging and unwind methodologies in partnership with stakeholders across markets and risk
- Quantify key impacts including liquidation costs, liquidity effects, and RWA outcomes under stress scenarios
- Produce high-quality model documentation with strong attention to detail and control standards
- Communicate clearly and confidently explain methodologies, limitations, findings, and solutions to Model Risk and senior management through regular updates and presentations
- Challenge assumptions and improve the framework through sensitivity testing, benchmarking, and structured problem-solving
- Serve as a primary point of contact for Model Risk, supporting effective model oversight and governance
- Collaborate with technology and change partners to implement and sustain model enhancements in production
Required qualifications, capabilities, and skills
- 4+ years of experience in model development, review or analytics
- Advanced degree in Economics, Finance, Science, Accounting or a related field.
- Hands-on experience with aspects of the model lifecycle, including model selection criteria, assumption justification, sensitivity testing, implementation support, documentation and control discipline
- Strong prioritization skills and ability to manage work across multiple models and deliverables
- 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 inputs from others
Preferred qualifications, capabilities, and skills
- Preferred experience in derivatives pricing, securities, secured funding, market/counterparty risk or valuations
- Technical skills including Python, SQL and/or Snowflake
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).
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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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