In today’s rapidly changing global financial markets, how to find a balance between risk and return has become a shared challenge facing major financial institutions and regulatory authorities. In a recent in-depth interview, the reporter spoke with Ms. Chen Yutong, a Capital Management Credit Risk – Derivative Analyst at JPMorgan Chase & Co. A graduate of the Master’s program in Enterprise Risk Management at Columbia University, she leverages her solid professional background and sharp industry insight to work at the core of capital management and derivatives risk analysis. Her work not only profoundly shapes the institution’s capital allocation and risk measurement, but also drives cutting-edge practices in financial regulation in the United States and around the world.

(Photo – Ms. Chen Yutong)

Academic Foundations and Career Starting Point

Chen Yutong’s career path began with deep reflection on the notion of “risk.” During her studies at Columbia University, she systematically studied frameworks in risk quantification, financial modeling, and enterprise management. For her, risk is not an abstract threat, but a discipline that can be scientifically decomposed, managed, and optimized. This rational mindset laid a solid foundation for her subsequent entry into top-tier Wall Street financial institutions.

Challenges and Opportunities at JPMorgan

Since April 2023, Ms. Chen Yutong has been with JPMorgan, taking on key responsibilities within the Capital Management Credit Risk team. Her daily work covers derivatives risk modeling, capital adequacy stress testing, RWA (risk-weighted assets) calculation, and implementation of regulatory frameworks such as CCAR and ICAAP. Unlike repetitive tasks in many traditional financial roles, her position demands a composite skill set: she must not only master quantitative analysis and SQL-based data modeling in depth, but also understand complex regulatory provisions and the logic behind building technical platforms.

“I enjoy this kind of challenge,” she said in the interview. “It requires us to constantly find the balance between financial logic and technological implementation so that the system can be both compliant and efficient.”

Implementing the Basel III Endgame

In the course of implementing the Basel III Endgame framework, which has drawn close attention across the global banking industry, Chen Yutong has played a critical role. She led the build-out of the Capital Web platform and the optimization of SQL data flows, and by introducing automation tools such as Alteryx, she significantly improved the efficiency of the bank’s capital risk assessment system.

This project is not only about internal process transformation at JPMorgan; it is also closely tied to core issues in global financial regulation. Basel III emphasizes capital adequacy and single-counterparty credit limits (SCCL) and is widely viewed within the industry as a cornerstone for ensuring systemic financial stability. Through Chen Yutong’s work, complex regulatory requirements have been translated into executable technical workflows—one of her most representative contributions to the industry.

A Technology-Driven Risk Management Philosophy

When speaking about her personal philosophy, Chen Yutong emphasizes the values of “data-driven decision-making and technology-driven compliance.” By using algorithms and tools to enhance the accuracy and speed of risk measurement, she enables the bank to assess capital exposure and stress scenarios more rapidly in the face of market volatility.

She notes that traditional risk management systems often rely heavily on human judgment, whereas the new generation of risk management must depend on model automation and process reengineering. She herself is both an analyst and a system builder, and this cross-disciplinary capability gives her a distinct advantage within the team.

Industry Vision and Global Value

The reporter notes that in recent years, the U.S. financial industry has been at a critical juncture of regulatory upgrade and technological transformation. Requirements such as Basel III, SCCL, and CCAR have made talent who can integrate financial modeling, technology platforms, and regulatory interpretation exceedingly scarce. Chen Yutong’s role sits precisely at the heart of this wave.

“We are not just solving the problems of a single bank,” she explains. “We are also exploring the future direction of the entire industry. Only when risk management technology continues to evolve can the financial system truly be robust.”

Her words reflect not only a strong sense of personal responsibility, but also deep reflection on elevating her professional work to a level of broader social significance.

Ms. Chen Yutong combines the composure of a scientist with the pragmatism of a practitioner and the foresight of a thinker. Every project she undertakes is not only about building JPMorgan’s risk management framework; it also mirrors the profound transformation of the financial industry under the forces of globalization and digitalization.

Through concrete actions, she is demonstrating that at the frontier of global financial risk management, the wisdom and commitment of Chinese scholars and professionals are equally indispensable.