Corporate - Risk - Firmwide Market Risk Analysis – Associate
Req #: 170115526
Job Category: Accounting/Finance/Audit/Risk
Work Location : 25 Bank Street, Canary Wharf, London, E14 5JP, United Kingdom
JP Morgan is a leading global financial services firm with assets of $2.4 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Information about J.P. Morgan is available at www.jpmorganchase.com.
Market Risk is an independent risk group within Risk Management, reporting to the Firm’s CRO, 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.
Firmwide Market Risk works closely with the Market Risk teams aligned to each Line of Business and other partner teams including Risk Reporting, Risk Policy, Regulatory Risk, Market Risk Middle Office, Business Middle Offices, Control & Oversight and Model Review to perform market risk analysis, to set market risk policy and a consistent framework for Market Risk across the firm, and to share best practices across LOB Market Risk teams.
Firmwide Market Risk Analysis is part of the Firmwide Market Risk organization and is responsible for analysing and providing quantitative and qualitative analysis around the firms consolidated risk profile to Senior Management in the organisation. Additionally the team’s mandate is to develop tools and analytical capabilities to support the Market Risk organisation in understanding and explaining key statistical and non-statistical risk measures.
Performing relevant market risk analyses across the risk profile of the business of the firm.
Partnering with Market Risk coverage groups across businesses to develop new tools and metrics to make the important risks and P&L drivers more transparent to senior management.
Using knowledge and understanding of risk profiles to provide explanations to senior management on significant risk drivers across portfolios.
Interacting daily with Market Risk teams to understand Value-at-Risk, Stress and risk sensitivity drivers.
Participating in a wide range of on-going and new projects with Risk Management, Finance, Technology, Valuation, Quantitative Research, Model Review Group, Basel Groups.
Constantly focusing on operating efficiently and improving processes while maintaining a strong control environment.
Understanding of risk, financial regulatory and policy requirements.
Ability to run and lead projects from design, implementation and delivery. Ability to work independently in highly demanding environments and to make clear recommendations to senior risk managers.
MSc or equivalent degree in mathematics or finance.
Application skills: advanced Excel, Python, Matlab, VBA, R and C++ required.
Strong analytical and problem-solving skills with good attention to detail.
Inquisitive nature with an eagerness to investigate and fully understand products, processes and issues.
Clear oral and written communication, and strong interpersonal skills.
Ability to challenge efficiency and drive forward on change and innovation of processes.
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.