2027 Commercial & Investment Banking - Risk Management Program - Summer Internship - London

Commercial & Investment Banking Risk Management Program — Intern (London)

As an intern in the Commercial & Investment Banking Risk Management Program in London, you will work with industry experts to identify, assess, and manage risk for our global businesses. You’ll collaborate with colleagues at all levels, gain broad product knowledge, build your network, and develop expertise in a diverse, supportive environment. We value your unique perspective to help us innovate for our clients, and we will provide tools to succeed through training and mentorship, along with the chance to work on engaging projects.

Risk Management plays a critical role in helping the firm grow responsibly by identifying, assessing, and managing risks across global markets and businesses. Join a collaborative environment where you’ll gain valuable industry exposure, build meaningful relationships, and contribute to work that has real impact.

What You Can Expect

Understanding, mitigating, and managing risk is central to the current and future success of our business. Our Risk managers shape decisions, influence models, and interface with regulators to protect our financial reputation.

Program overview: Nine weeks, with a five-day induction and training led by expert instructors and JPMorganChase professionals. You’ll build your technical and practical knowledge on the job with opportunities in one of the chosen risk teams listed below:

Credit Risk Team

The Credit Risk Team is responsible for reviewing client credit strength and approving and managing retained credit risk (risk of default) within the Commercial and Investment Bank (CIB). Credit risk arises through underwriting, lending, and trading activities, including investment and non-investment grade syndicated loans, acquisition finance, derivatives, foreign exchange, and other products.

Market Risk Team

The Market Risk Team partners closely with the CIB trading businesses to independently identify, measure, monitor, and report market risk across multiple asset classes (FX, Rates, Equities, Credit, Securitized Products, and Commodities). The team tracks market events, performs portfolio risk analytics, runs scenario analysis, sets risk limits, and provides timely risk escalation as exposures evolve. Market Risk’s insights regularly inform senior management’s decisions on the firm’s risk appetite—particularly ahead of and during periods of elevated market volatility.

Chief Investment Office, Treasury and Corporate (CTC) Risk Team

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.

This internship offers hands-on experience, targeted training, and valuable networking opportunities to advance your career. The program is based at JPMorganChase’s EMEA headquarters in London. Successful interns may receive full-time graduate program offers for the following year at their chosen location.

Job Responsibilities

• Learn risk management at a leading global bank
• Collaborate to solve complex problems
• Develop innovative solutions
• Manage relationships with clients, regulators, and stakeholders
• Understand the importance of integrity and transparency

Required Qualifications, Skills, and Capabilities

• Analytical, quantitative, and project management skills
• Excellent written and verbal English communication
• Interest in global financial markets
• Energetic, confident, and adaptable in a fast-paced environment
• Ability to multitask and work under pressure
• Proficient in Microsoft Excel, Word, and PowerPoint
• Open to all degree disciplines
• Experience with Python or similar coding languages
• Demonstrable interest and achievements beyond academia showcasing the unique contribution you could bring to the team
• Some teams may require language skills; please list your fluency on your application

Expected graduation: January 2028 and September 2028

What’s Next?

• Applications are reviewed on a rolling basis—apply early.
• Submit a complete application with your resume—populate all questions thoroughly.
• Use a long-term email address (not .edu or .ac.uk).
• If selected, you’ll complete a video interview (HireVue) with questions about your interest and motivation in the role.
• If successful, you’ll progress to a Superday; further information will be provided.

JPMorganChase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds, and experiences. We strive to hire qualified, diverse candidates, and we will provide accommodations for known disabilities.

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.