Global Commodities – Market Risk – Associate

Posted 51 Minutes Ago
Be an Early Applicant
New York, NY, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Monitor and analyze market risk across global commodities trading portfolios, explain market movements and P&L drivers, perform stress testing and scenario analysis, and develop risk management strategies. The role leads risk coverage for systematic trading and investor products, prepares reports for senior management, partners with Trading, Finance, and Operations, and improves risk tools, analytics, and automation, including artificial intelligence applications.
Summary Generated by Built In

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.

Job summary

As a Market Risk Coverage professional in the Global Commodities Market Risk team, you help us monitor and manage risk across a global trading portfolio. You use market analysis and risk analytics to help the business make responsible decisions as its systematic trading and investor products strategies grow. You also have the opportunity to shape risk coverage and improve analytics and automation.

Job responsibilities

  • Monitor and analyze market risk exposures across the Global Commodities trading portfolio, identifying the drivers of profit and loss.
  • Track global commodity markets and explain key price movements and events to Trading and Market Risk management.
  • Lead the market risk coverage agenda for systematic trading and investor products, including quantitative investment (QIS), systematic and central risk book strategies.
  • Identify threats, weaknesses and opportunities in the risk profile, and raise concerns promptly.
  • Conduct scenario analysis, stress testing and regular or ad hoc reviews of key risk themes.
  • Develop risk management strategies that support the growth of systematic trading and investor products.
  • Prepare and present risk reports, insights and recommendations to senior management.
  • Partner with Trading, Finance and Operations to assess and manage risks.
  • Improve risk management tools and systems, and advance the use of artificial intelligence in analytics and automation.

Required qualifications, capabilities, and skills

  • Bachelor’s degree in a quantitative discipline.
  • Strong analytical and quantitative skills, including the ability to interpret complex data.
  • Interest in commodity markets and derivative products.
  • Ability to collaborate effectively and build strong working relationships.
  • Ability to take initiative, think creatively and follow work through to completion.
  • Attention to detail.
  • Demonstrated ability to lead projects and drive growth initiatives.

Preferred qualifications, capabilities, and skills

  • Experience with market risk practices, such as stress testing, scenario analysis, value at risk, risk sensitivities or limits.
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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Skills Required

  • Bachelor's degree in a quantitative discipline
  • Strong analytical and quantitative skills, including the ability to interpret complex data
  • Interest in commodity markets and derivative products
  • Ability to collaborate effectively and build strong working relationships
  • Ability to take initiative, think creatively, and follow work through to completion
  • Attention to detail
  • Demonstrated ability to lead projects and drive growth initiatives
  • Experience with market risk practices, including stress testing, scenario analysis, value at risk, risk sensitivities, or limits

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Medical coverage and wellness resources, including mental-health support and wellness incentives, are described as comprehensive and accessible; feedback suggests income-based contributions help keep care affordable.
  • Retirement Support — A dollar-for-dollar 401(k) match up to 5% of eligible pay, plus additional employer contributions in some cases, is highlighted as a strong pillar of financial security. Feedback suggests this structure is a notable advantage of the total rewards package.
  • Parental & Family Support — Up to 16 weeks of paid parental leave for all parents, along with fertility, adoption, surrogacy, childcare, and family-support resources, signals a family-forward approach. Feedback suggests these programs are a standout feature of the package.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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