Market Risk is an independent risk group within Risk Management, reporting to the Firm’s Chief Risk Officer, which identifies, measures, monitors and controls market risk. Market risk management seeks to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the firm's market risk profile is transparent to senior management, the Board of Directors and regulators. The Market Risk Value at Risk and Capital Group is responsible for developing and delivering the operating model and framework for Basel market risk rule implementation in partnership with key stakeholder groups. In this role, you will support implementation, calculation, analysis, and reporting of market risk risk-weighted assets while partnering across Market Risk and Capital Management.
As a Market Risk Analyst within the Market Risk Value at Risk and Capital team, you will support the implementation, calculation, analysis, and reporting of market risk risk-weighted assets. You will help ensure the existing Basel regulatory framework and future regulatory requirements are properly implemented and maintained at the firm and legal entity levels. You will develop an understanding of the methodologies and inputs used for key market risk capital measures, and partner with Capital Management and other stakeholders on rule interpretation and controls. You will help manage controls and explain the risk-weighted asset measures by working with Market Risk management, middle office teams, business partners, quantitative research, and other groups.
Job responsibilities- Verify inputs and outputs of risk-weighted asset calculations across multiple measures, and analyze and explain results
- Provide risk-weighted assets for quarterly regulatory reporting, the firm’s internal stress testing process, and resolution and recovery reporting
- Perform scenario analysis and impact quantification on methodology and rule changes
- Implement and oversee end-to-end controls of capital measures by partnering with key stakeholders
- Identify operational risks and streamline processes to improve efficiency, explain capabilities, and strengthen controls
- Support the wider Market Risk organization on ad-hoc initiatives as needed
- Degree in Finance, Economics, Statistics, Engineering, Computer Science, or a related field
- 2+ years of experience in Finance, Risk Management, or a related field
- Strong working knowledge of derivative products across one or more asset classes
- Strong analytical, critical thinking, and problem-solving skills with a mindset on process enhancement and improvements
- Comfortable handling large datasets with strong Excel skills
- Self-motivated team player with the ability to research and resolve issues independently while working across teams to acquire needed information
- Ability to multi-task, work well under pressure, and deliver under tight deadlines
- Excellent written and verbal communication skills
- Advanced degree
- Financial Risk Manager certification
- Knowledge of Basel market risk rules
- Experience with Tableau and Alteryx
- Working knowledge of Python and willingness to learn new toolsets
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 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.
