How To Apply
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Job Description
Come work with our industry experts to identify, assess and manage risk for our global
businesses. You will work with people of all levels across the firm, develop a broad
understanding of products and their risks, build your professional network, and develop
your expertise in a diverse team environment.
Working here means joining a collaborative, supportive team. We want your diverse
perspective to help us innovate the next wave of products and solutions for our clients.
You’ll have what you need to succeed – from training and mentorship from senior leaders
to projects that engage all your skills.
What to expect
Understanding, mitigating and managing risk is at the forefront of how we do business,
and critical to our current and future success. Risk managers help manage our financial
reputations and regulatory performance, while working across the business to shape
decisions, influence models and interface with regulators.
The nine-week summer program starts with a five day orientation and training session
in New York. Expert instructors and J.P. Morgan professionals will teach you about
our history, our products and the intellectual property that serve our clients. During
training, you will learn skills that include valuation analysis, accounting, corporate
finance, economics, equity capital markets, debt capital markets and risk analysis.
You'll build your technical and practical knowledge on-the-job with opportunities
in one of the groups listed below:
- The Chief Investment Office, Treasury and Corporate (CTC) Risk Team is an independent risk function that manages the risk of the retained portfolio generated from the CTC businesses and includes Market Risk, Credit Risk, Reputational Risk, Country Risk, Principal Risk, and Model Risk. CTC Risk is also responsible for the independent risk management of Firmwide Liquidity Risk, Interest Rate Risk, and Capital Risk
- The Credit Risk Team works in partnership with areas of the Corporate and Investment Bank and is responsible for assessing client credit strength and approving and managing the firm's retained credit risk. This risk can relate to underwriting, lending and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange and other products.
- The Market Risk Team works in partnership with the Corporate and Investment Bank trading businesses to track market events, perform portfolio analysis and provide risk advisory for multiple asset classes, including FX, Rates, Equities, Credit, Securitized Products and Commodities retained by the firm.
Once on the desk, depending on your group, your responsibilities as a Summer Analyst
may include: performing analysis/due diligence on a counterparty/product, monitoring
risk sensitivities across individual counterparties and the portfolio as a whole,
building financial models, contributing to analytical exercises in response to global
events, preparing reports to outline recommendations to senior management and assisting
in evaluating market moves that could cause losses to the firm.
You’ll have the chance to:
- Learn about risk at a premier global investment bank
- Understand the role of integrity and transparency in dealing with regulators, clients and business partners
- Work collaboratively across the entire organization to find and solve problems before they grow
- Come up with innovative ways to solve challenges and answer queries
- Work on complex problems that require creative solutions
- Manage relationships with clients, regulators and stakeholders to minimize risks and follow laws in various locations
About you
If you’re highly-motivated and enjoy working in teams to come up with smart solutions,
this is the role for you. Key skills include:
- Exceptional quantitative, analytical and communication skills
- Excellent project management skills
- Strong initiative, energy and confidence
- The ability to thrive in a fast-paced, collaborative environment
- Knowledge of Excel and Word
- Fluency in English
- Coursework in finance or economics a plus
- Authorization to work permanently in the U.S.
- Attend college/university in the U.S.
- Expected graduation date of December 2021 – Spring 2022
- Minimum preferred cumulative GPA of 3.2 on a 4.0 scale
