Corporate - CTC - Home Lending Market Risk Associate

JPMorgan Chase &Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4trillion and operations worldwide. The Firm is a leader in investment banking,financial services for consumers and small businesses, commercial banking,financial transaction processing, and asset management. A component of the DowJones Industrial Average, JPMorgan Chase & Co. serves millions of consumersin the United States and many of the world's most prominent corporate,institutional and government clients under its J.P. Morgan and Chase brands.
The Firm's CorporateTreasury function and the Chief Investment Office (together referred to as"Treasury/CIO") manage the Firm's balance sheet. This includes activitiessuch as:

• Deploying the Firm's excess liquidity
• Managing the Firm's funding and liabilities
• Managing the Firm's structural interest rate and foreign exchange risk
• Managing the Firm's liquidity risk and its regulatory compliance

CTC Riskmanages the risk of the retained portfolio generated from the Chief InvestmentOffice, Global Treasury, and "other" Corporate businesses (Firm-wide PensionPlan, Insurance programs, and Mortgage Servicing Rights). The CTC Chief RiskOfficer (CRO) reports to the Firm-wide CRO and is responsible for the end toend risk framework within the CTC LOBs; including, but not limited to, MarketRisk, Credit Risk, Liquidity Risk, Reputation Risk, Country Risk, PrincipalRisk, and Model Risk.

CTC - Home LendingMarket Risk Associate
The Home LendingPipeline/Warehouse Market Risk team within CTC Risk seeks to hire a seasonedrisk professional to join its Market Risk Management function. Theposition will involve overseeing the Market Risk management of the Pipeline/Warehousedesk and based in Jersey City.
Responsibilities

• Participate in the assessment, governance and control of the Market Risk for the business
• Involvement in computation and attestation of Value at Risk (VaR), Stress testing, scenario analysis, CCAR and Volcker reporting; Perform attribution analysis of risk positions and market analytics
• Provide technical analysis on models and assumptions related to the business
• Conduct deep dive and ad-hoc analyses related to the Mortgage business
• Participate as a risk stakeholder in various projects with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Technology and Product control
• Tightening of the control environment by identifying shortcomings and remediating open issues
• Partner with other risk teams on developing best practices and consistencies with models and risk methodologies

• Minimum Bachelor's degree in Finance/Math based discipline; 2-3 year's mortgage experience or market risk equivalent a plus
• Strong analytical & quantitative skills with a focus on risk management and models
• Existing knowledge of financial markets and Market Risks concepts such as VaR, Stress and other non-statistical Market Risk measures
• Experience with Mortgage products and preferably experience of the Pipeline/Warehouse business
• Excellent written and verbal communications skills. Must be able to communicate with a wide variety of functional groups
• Ability to work independently with high attention to detail
• Working knowledge of Microsoft Word, Excel and PowerPoint
• Strong in controls, project management, time management