Bring your expertise to JPMorgan Chase. 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.
JPMorgan Asset & Wealth Management (AWM) is hiring a Market Risk professional to join the AWM Risk Analytics team. Risk Analytics is a team of experienced quantitative, market, and counterparty risk-oriented professionals responsible for Newton, the Asset Management Independent Risk platform. Newton calculates risk across the Global Equity, Global Fixed Income, and Multi-Asset Line of Business (LOBs) within Asset Management and is used by the AWM Investment and Counterparty Risk Managers, and the front office professionals.
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Job Summary
As a Market Risk Coverage, Associate in the Risk Management - Asset & Wealth Management (AWM) group, you'll be responsible for contributing to AWM Risk Analytics initiatives responsible for Newton, the AM Independent Risk platform. The role involves analyzing securities and portfolios to assess qualitative and quantitative factors affecting risks and exposures, while developing expertise in methodologies to provide risk analysis to AWM Risk management and business teams in Hong Kong, London, and New York. Additionally, it includes reviewing and validating risk analytics produced by Newton, covering various risk aspects, and assisting in the production of risk reports for AWM Risk Managers and senior management.
Join a collaborative and innovative team and play a crucial role in safeguarding the firm's assets and ensuring robust risk management practices. The individual will work with the AWM Risk Analytics teams in New York, Columbus, and Bangalore.
Job Responsibilities
- Analyze securities and portfolios and assess the qualitative and quantitative factors driving changes in risks and exposures.
- Develop subject matter expertise and a solid understanding of methodologies to provide risk analysis to AWM Risk management and business teams in Hong Kong, London, and New York.
- Review and validate the risk analytics produced by Newton. This will include sensitivity, stress, exposure, liquidity, value at risk (VaR), and factor modeling, for both investment (market) and counterparty (credit) risk.
- Assist in the production of risk reporting for both AWM Risk Managers and senior management.
Required qualifications, capabilities, and skills
- Bachelor's degree or equivalent, ideally in Finance, Economics, Engineering, or a related field
- 3+ years of experience in a Risk Management, Finance, or a related role
- Knowledge of the Equity and Fixed Income (rates and credit) products and markets
- Knowledge of portfolio and risk measurement concepts, including sensitivity, stress testing, and Value at Risk analysis
- Strong technical skills. Advanced proficiency with Microsoft Excel
- Strong analytical and problem-solving skills, with the ability to communicate complex concepts effectively to diverse audience
Preferred qualifications, capabilities, and skills
- Knowledge of derivatives, foreign exchange, commodity, and structured/securitized products
- Working knowledge of SQL and Python
ABOUT US
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.