This is an opportunity to gain a good understanding of different aspects of Market Risk ranging from risk analysis, stress testing, market risk controls, to the different European regulatory deliverables such as ICAAP, EBA Stress Testing and climate risk agenda. As JPMSE is the main European trading entity for J.P. Morgan and trades a wide-ranging suite of financial products across fixed income, equity and credit, the candidate will also be exposed to cross-asset market risk knowledge and gain a good understanding of the associated key risks.
As a Risk Analyst within the JPMorgan SE Market Risk team, you will support the team on European regulatory deliverables, and to provide market risk oversight of the main risks in the entity across multiple asset classes in partnership with the asset class aligned Market Risk coverage teams. In this role you will have a chance to demonstrate your with inquisitive nature and attention to details. You will be partnering effectively with teams across the organization including multiple Market Risk functions, other Risk Stripes, Finance, and relevant functional teams.
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Job responsibilities
- Monitor and control market risk exposure in the entity, investigate changes in risk sensitivities, VaR & stress testing. Provide risk explanations to senior management
- Monitor and maintain market risk limits including limits review
- Contribute to the preparation of high quality meeting materials for senior management committees and external regulatory meetings
- Contribute to the timely response to inquiries from regulators, internal and external bank auditors
- Conduct risk analysis on topical events and new trades to assess impact to exposures in JPMorgan SE
- Develop tactical and strategic tools, leveraging the firm's technology and data science infrastructure. Work on solutions to ensure the market risk infrastructure remains best-in-class
- Develop Market Risk framework, ranging from enhancing key risk reports to keeping policy/procedures documentation up to date
- Interact with various teams including asset class aligned Market Risk Coverage, Legal Entity Risk, Risk Reporting, Middle Office, Treasury, Finance, Technology and Market Risk Quantitative Research on all aspects
Required qualifications, capabilities, and skills
- Enthusiasm to learn about financial markets and risk management
- Solid problem solving abilities with exceptional analytical skills and attention to detail
- Ability to aggregate and analyse large sets of data for presentations to senior management
- Proficiency in Excel is required.
- Independent self-starter with a desire to proactively drive the team's agenda
- Lateral thinker, tenacious, with a commitment to getting things done and to improving the way we do things
- Team player with exceptional drive, creativity and interpersonal skills, and ability to form constructive professional relationships with a wide variety of teams in the firm
- Fluency in English is a prerequisite along with excellent written and spoken communication skills
Preferred qualifications, capabilities, and skills
- Prior knowledge of Market Risk practices such as stress testing, scenario analysis, VaR, risk sensitivities is an advantage
- Good programming experience to innovate processes and data analysis is a plus
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 FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
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. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.