This is the role for you, if you are excited to support a new function being expanded to monitor trading risk and supporting regulatory compliance. Facing off to the front office and liaising with many business stakeholders in an environment which is fast paced, dynamic and continuing to evolve. Join us and be a part of derivative business, in a role that supports trading desk, manages risk across multiple products, controls and compliance.
As a XVA Controls & Trade Support - Analyst in the Global Collateral Middle Office - Credit Portfolio Group (CPG) team, you will be supporting the trading desk & liaising with business stakeholders. You will be also responsible for monitoring trading risk controls and will be managing risk across multiple products and business initiatives, project managing enhancement of controls and regulatory compliance. Additionally, in this role you will support multiple initiatives to improve and expand current control architecture and lead business updates and reporting on current controls.
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CPG is responsible for the strategic risk management on behalf of the Commercial & Investment Bank Markets businesses. This sits within the Derivatives business and is responsible for managing the counterparty credit risk (CVA) and funding risks (FVA) associated from bilateral OTC derivatives trades, by executing hedging transactions to offset movements in XVA balance sheets reserves.
Job responsibilities
- Navigate a complex global operations function within a large-scale financial services institution, whilst balancing the needs of key partners in the business, operations, and technology to achieve the right outcomes.
- Support XVA Trading desk in performing key risk management & oversight controls for executed trades.
- Build and support an effective control environment, set minimum standards, and develop new processes where required.
- Engage multiple teams to remediate and close issues and actions.
- Collate weekly key business metrics that feed into multiple business control forums.
- Create traceability of all data and related controls for regulatory reviews.
Required qualifications, capabilities and skills
- Strategic Mindset ability to investigate data and identify solutions, control focused.
- Excellent analytical, strategic, and problem-solving skills.
- Confidence in communicating internally at all levels; you will be dealing with front office, middle office and technology teams on a daily basis who are both business and technically sophisticated.
- Independent, proactive, self-motivated, and flexible with a positive attitude
- Ability to work in a fast-paced dynamic environment.
- Strong time management skills, efficient at multi-tasking and able to work under pressure to deliver multiple business demands on-time, to a high standard.
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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.