Job Description
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 judgment 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.
As a Market Risk E-Trading Risk Management - Associate in the Corporate and Investment Bank (CIB), you will be part of a global team focusing on Macro Markets (Rates, Commodities, and FX asset classes). Based in London, you will review the implementation of controls over e-trading activities, assess the usage of valuation and E-Trading models, and contribute to the development of data analytics tools on market liquidity. The Macro team is part of the wider global ETRM team, spread across London, Mumbai, New York, and Hong Kong.
Job responsibilities
- Define, identify, and set controls required for trading models and E-Trading activities.
- Collaborate with Market Risk Coverage teams, and partner closely with Trading, Business Control Management, Technology, Model Risk Governance & Review (MRGR), and Quantitative Research (QR) on risk appetite review and find effective solutions to business problems.
- Review model risk for valuation models and provide a model view of the risk, including for regulatory purposes; working with Trading, QR, and MRGR.
- Focus on liquidity analysis within analytics work, with additional project opportunities depending on proficiency in coding languages and interest in this area.
Required qualifications, capabilities, and skills
- Strong academic background with a Bachelor's or Master's degree, ideally in a quantitative and/or financial field.
- Relevant or related experience
- Good understanding of financial products, including modeling techniques.
- Excellent communication skills to manage a wide range of stakeholders.
- Ability to multi-task, balance multiple priorities, work under pressure, and manage tight deadlines.
- Strong sense of accountability and ownership, work independently, and diligently follow up on time-sensitive issues while balancing multiple projects with tight time constraints.
Preferred qualifications, capabilities, and skills
- Familiarity with several asset classes.
- Good understanding of computer programming languages and coding techniques, such as Python or R.
- Good understanding of Market Risk approaches, namely stress testing, scenario analysis, VaR, risk sensitivities, and limits.
- Experience with intra-day controls aimed at monitoring electronic trading.
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.
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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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