Corporate Risk - Wholesale Credit Analytics & Solutions - Portfolio Solutions - Intern - NY

JPMorgan

J.P. Morgan is a leading

global financial services firm with assets of $2.1 trillion and operations in

more than 60 countries. The firm is a leader in investment banking ,

financial services for consumers, small business and commercial banking,

financial transaction processing, asset management and private equity.

Information about J.P. Morgan is available at www.jpmorganchase.com .

Description:

The Wholesale Credit Analytics and Solutions team (WCAS) is

responsible for implementing key credit risk practices across Wholesale

businesses, and ensuring consistency in methodologies within Wholesale Credit

Risk. WCAS' areas of responsibility include Traditional Credit Product stress

testing, developing the firm's authoritative wholesale credit risk parameter

data set, reserve/allowance management, development and implementation of an

economic credit capital model, the construction and integration of credit and

capital limits, risk grading methodology, and the provision of strategic advice

and solutions to the originating businesses.

The Portfolio Analytics and Solutions team

within WCAS is responsible for conducting analytics on the Wholesale Portfolio

in order to perform a comprehensive review and analysis of our internal default

data

across all Wholesale businesses. This analysis will involve conducting

detailed studies on subsets of the portfolio in order to better align the

Firm's capital with the underlying credit risk.

The team also is involved in structuring solutions designed to reduce

the risk of the Firm's Wholesale portfolio.

The team is looking to hire an intern that

will be responsible for assisting in data gathering, portfolio analytics, trade

structuring, and project management functions on the Portfolio Analytics and

Solutions team.

Responsibilities:

*

Preparing,

analyzing, and validating results through analysis and discussion with the lines

of business

*

Participating in

ad-hoc projects involving various Wholesale lines of business and portfolio

categories

*

Working with the

technology, LOB Controllers, and other partners to implement changes to

methodology and enhance processes and data quality

*

Assisting in the preparation of progress reports and data analysis updates

*

Potential to

rotate into one of the other WCAS teams depending on need and fit at some point

Qualifications:

*

Bachelors degree;

concentrations in engineering/statistics/accounting and/or finance are pluses

as is an MBA or CFA

*

Strong analytical

skills in forecasting and interpreting results and comfortable working with

large quantities of data

*

Knowledge of traditional

credit products and our internal primary onboarding and credit risk systems

*

Knowledge of

corporate finance and cash flow based valuation methodologies

*

Strong technical

skills in using Excel, Powerpoint and Access; VBA and SQL skills are pluses

*

Strong project

management skills, and ability to collaborate with multiple points of contact

in order to achieve results

*

Detail oriented and

strong organizational skills

*

Excellent

communication abilities, both written and oral; comfortable with conveying

specific data requests to data providers and presenting information to Senior

Management

*

Results-oriented

/ delivery focused; ability to deliver high-quality results under tight

deadlines

*

Ability to solve

problems creatively while working in a dynamic and challenging environment

JPMorgan Chase & Co . offers an exceptional benefits program and a highly

competitive compensation package.

JPMorgan Chase & Co . is an Equal Opportunity and Affirmative Action

Employer, M/F/Disabled/Veterans