Job Location: New York, NY
The Market Risk Basel Group is seeking an analyst or associate to support the MRBG Firmwide and Line-of-Business (LOB) teams on Market Risk Management VaR across asset classes including Equities, Credit, Securitized Products and Macro (Rates, FX, EM and Commodities). The individual will be aligned to an LOB covering NY EOD VaR as well as have Firmwide responsibilities and help support the Strategic infrastructure and Data Science initiatives to modernize E2E VaR. The successful candidate will need to effectively partner across Market Risk Management, Market Risk Technology, Quantitative Research, Data Science partner groups, and other functional teams to manage and implement strategic and tactical initiatives
Job Responsibilities
As a vital member of the Market Risk Organization, responsibilities & opportunities will include:
- Working in a cutting edge Risk Organization, utilizing a wide variety of trading analysis tools to monitor risk exposures and understand the factors that drive the profits and loss affecting the trading portfolio.
- Oversight of Risk Management VaR and regulatory Market Risk Capital measures including VaR, Stressed VaR, Stress based capital and other modeled and standardized capital measures, including FRTB
- You will be following the global financial markets, focusing on price movements and events affecting the trading portfolio, with the goal of highlighting top risks with the trading business and the Market Risk management team.
- You will develop a deep understanding of the wide-ranging suite of financial products traded by JP Morgan and the key risks associated with them.
Skill set/Experience Required
- Strong quantitative and analytical skills;
- Excellent written and verbal communication skills;
- Team player and future leader with exceptional drive, creativity and interpersonal skills
- Lateral thinker, tenacious, commitment to getting things done and detail focused.
- Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines;
- Good project management skills; ability to gain consensus among staff and drive initiatives to completion effectively;
- Strong data science background a plus;
- Experience with coding in Python/R is a plus
- Strong process and control mindset a plus;
- Experience in one or more asset classes in a Market Risk or similar capacity a plus.
- Bachelor’s degree, Masters/MBA a plus.
- Strong interest in an intellectually stimulating career within the Finance Industry
- Fluency in English is a prerequisite along with excellent written and spoken communication skills.
JPMorgan Chase & Co., 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 transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the WELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
Equal Opportunity Employer/Disability/Veterans
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