Risk Management- Principal Risk - Analyst

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.

 

As an Analyst in Principal Risk, you will employ critical thinking and expert judgment as you engage in risk management oversight of JPMorgan’s industry leading portfolio of “tax equity” investments across two sectors: renewable energy (i.e., wind and solar farms) and affordable multi-family housing (i.e., low-income housing tax credits). As part of the Principal Risk team, which oversees client-driven tax credit investing activity, you will help the firm grow its dynamic investment portfolio in a responsible way by anticipating new and emerging risks and using your expertise to solve real-world challenges that impact our company, customers and communities.

You will partner closely with the tax-oriented investment (“TOI”) team to advise on the structuring and underwriting of new investment activity, analyze, risk-grade, and approve new investments, and assess the quality and performance of the portfolio.  Over time, you will develop a broad and deep understanding of the tax-equity business in order to be effective in identifying, measuring, monitoring and controlling risk ensuring internal and regulatory oversight standards are met.

Job Responsibilities:

• Identify, document, and articulate key risk factors associated with renewable energy investments as you complete forward-looking annual risk grade and performance assessments.
• Participate in the new investment review and approval process and facilitate the risk grading and booking of new investments to ensure accurate capture, processing, and reporting of investment metrics. 
• Apply critical risk judgment to challenge investment underwriting assumptions developing an independent view of conclusions, due diligence sufficiency, and technical considerations related to engineering assessments in renewable energy.
• Join project site visits and diligence sessions to independently assess developer capabilities, project viability/attributes, and underwriting assumptions used to forecast investment performance. 
• Take ownership of periodic projects including: 1) economic stress evaluation and documentation, 2) quarterly risk dashboard format/content, and 3) preparation of Risk material for various senior management presentations.
• Interact with TOI Portfolio Management/Asset Management deal teams to remain abreast of portfolio trends, watch list assets, and upcoming challenges.
• Work to identify and escalate ideas and methods for improving efficiency in the portfolio oversight and processing activities through the use of AI or other software tools.
• Work with middle office, controllers, and front office to ensure the accuracy of various reports including: portfolio limits, stress measurement, and other data feeds integral to regulatory or internal reporting.

Required qualifications, skills and capabilities

• Bachelor’s degree Finance, Accounting, or Economics
• Solid understanding of financial products, corporate finance and market dynamics
• Knowledge of and familiarity with financial statements and accounting
• Excellent communication skills, both verbal and written
• Effective time management skills and ability to manage multiple tasks at the same time
• Proficiency in Excel, Word, and PowerPoint.

Preferred qualifications, skills and capabilities

• Prior experience in commercial/investment banking, especially within a credit, structuring and/or marketing focus
• Ability to effectively present analysis and interact with key stakeholders
• Capability to perform due diligence and effectively summarize findings
• Ability to perform well under pressure in a demanding environment 
• Familiarity with Alteryx, Tableau or Python

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transa