JPMorgan Chase
Job title:
2025 Corporate & Investment Banking – Credit Risk – Summer Internship – London
Company
JPMorgan Chase
Job description
Job Description:JPMorgan Chase has operated in Europe for nearly 200 years and has a sophisticated local market presence across Europe, the Middle East and Africa (EMEA). Within the region, JPMorgan Chase has an unparalleled client base and leadership across the spectrum of financial services products. The regional head office in London is complemented by a strong regional footprint, with offices in all major financial centres.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 ExpectUnderstanding, 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. Expert instructors and JPMorgan Chase 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 valuations, 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 the below group:
- 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 (i.e. the risk of default) can relate to underwriting, lending and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange and other products.
Job Responsibilities
- Performing analysis/due diligence on a counterparty/product
- Monitoring risk sensitivities across team member counterparties and the portfolio as a whole
- Building financial models
- Contributing to diagnostic exercises in response to global events
- Preparing reports to outline recommendations to senior management
- Assisting in evaluating market moves that could impact our clients and their credit profile.
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
Required qualifications, capabilities and skills
Key skills include:
- A keen interest in global financial markets, as well as exceptional investigative and quantitative skills, flexibility and attention to detail.
- Capability to multi-task and work under pressure
- Exceptional quantitative, analytical, project management, and communication skills
- Flexibility with an energetic and confident approach, and the ability to thrive in a fast-paced, collaborative environment
- Excellent written and oral communication skills in English, with the ability to prepare and deliver clear and concise reports and opinions.
- We accept applications from all degree disciplines as we respect and admire diversity of thought, but it is useful to enjoy numerical and quantitative work and have working knowledge of Microsoft packages (Excel, Word and PowerPoint)
- Graduation date of April 2025 – December 2026
Preferred Qualifications
- Demonstrable personal qualities, outside interests and achievements beyond academia that showcase the kind of person you are and the difference you could bring to the team.
What’s next?Application Deadline: 3rd November 2024We will be filling our classes on a rolling basis. We strongly encourage you to submit your application as early as possible before job postings close.Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible.To start the application, you will be prompted to enter your email address. Your email address will be used to create and maintain your profile so make sure it is one you will have long term access to. Do not use an email address with “.edu or .ac.uk” extension as doing so could result in delays receiving updates regarding your candidacy. After you confirm your application, we will review it to establish suitability for the role you have applied for.If you are advanced to the next step of the process, you’ll receive an email invitation to complete a video interview, powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers. These questions will focus primarily on your interest in the financial services industry and present you with an opportunity to showcase your motivations to join JPMorgan Chase and the Credit Risk department.The HireVue process is required, and your application will not be considered for further review until you have completed these three questions. We strongly encourage that you apply and complete these required elements as soon as possible, since programs will close as positions are filled.The Assessment Centre process contains interviews and a case study, instructions of which will be sent to you before the Assessment Centre. You can expect a lead time of about four weeks between completing your HireVue and finding out if you have been invited to an Assessment Centre.Join usAt JPMorgan Chase, we’re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you’re passionate, curious, and ready to make an impact, we’re looking for you.JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds, and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.Visit for upcoming events, career advice, our locations and more.About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.
Expected salary
Location
London
Job date
Mon, 02 Sep 2024 04:37:28 GMT
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