Risk Management - Home Lending Capital Markets Risk - Associate

About the position

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Capital Markets Analyst within the Home Lending (HL) Risk team at JPMorgan Chase, you will play a pivotal role in best execution strategies at various points in the mortgage life cycle. Your responsibilities will span across origination, core servicing, and default servicing. You will be part of a team that is responsible for developing and executing a risk management discipline where risk and return considerations are appropriately factored into decision making. Your role will support key risk management decisions including Mortgage Servicing Rights (MSR), Held for Investment (HFI) Portfolio origination credit box, HFI Bulk Whole Loan Purchases, Mark to Market (MTM) and Jumbo Private Label Securitization (PLS) initiatives, and ongoing risk oversight and performance monitoring of key credit and portfolio risk management strategies.

Responsibilities

• Collect and analyze complex data to support the oversight of capital market activities, including the assessment of bulk Mortgage Servicing Rights (MSR) and loan acquisitions, sales, and securitizations.
• Conduct analyses to evaluate initiatives related to portfolio credit parameters, due diligence defect analysis, and MSR acquisition risk tolerance.
• Review risk assessments, waterfall structures, and stratifications for various bulk and securitization transactions.
• Facilitate the flow of information across different functional groups to ensure seamless coordination.
• Synthesize data and information into key messages for senior management discussions, including the preparation of transaction risk memos.
• Perform ad hoc analyses and contribute to various projects as a representative of the Risk Management team.
• Lead efforts to enhance and automate reports and streamline repetitive processes.

Requirements

• Strong understanding of various capital market structures and credit risk.
• General knowledge of transactions such as originations, bulk MSR purchases and sales, whole loan sales and purchases, securitizations, and other related functions within the capital markets space.
• Proficiency in Microsoft Excel, Word, and PowerPoint, as well as experience with SAS/Alteryx.
• Familiarity with company accounting statements, including balance sheets and income statements.
• Exposure to lending products with the ability to identify and analyze risk segments.
• Undergraduate and/or graduate degree in Business, Mathematics, Economics, Risk Management, Analytics, Finance, or Accounting.
• Bachelor's degree and a minimum of 3 years of experience in risk management or other quantitative fields required.

Nice-to-haves

• Proven experience in stakeholder engagement, with the ability to build trust through diligent work and honest project assessments, coupled with strong communication skills and high emotional intelligence.
• Previous experience with securitized products, such as mortgage-backed securities (MBS) or other derivatives, is a plus.
• Ability to prioritize tasks and manage multiple assignments effectively, demonstrating proactivity in a fast-paced environment while maintaining composure under pressure.
• Capacity to quickly and effectively respond to rapidly changing business needs and urgent requests.
• Familiarity with company accounting statements, including balance sheets and income statements.
• Experience working within a consumer bank, particularly in risk or compliance functions, or within transaction management, deal management, or capital markets analytical roles.
• Minimum 1 year of experience in risk management or other quantitative fields are preferred.