Risk Management - Market Risk Coverage Lead -Vice President

Reposted 5 Days Ago
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New York, NY, USA
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Partner with portfolio managers to manage fixed-income market risk: deliver analytics for pre-trade reviews and limits, monitor exposures, synthesize macro research, present risk findings to senior stakeholders, coordinate model reviews, improve risk processes and reporting, and respond to urgent requests.
Summary Generated by Built In

Bring your Expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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.

As a Market Risk Vice President in the Chief Investment Office, Treasury and Corporate Risk team, you will partner with portfolio managers to support risk and return decision-making and ensure the market risk profile is understood by senior management, the board, and regulators. You develop deep fixed income expertise and deliver analytics and insights that inform pre-trade reviews, limit setting, and risk transparency. You help us monitor exposures, reduce volatility in operating performance, and strengthen governance through clear reporting and disciplined escalation.

Job responsibilities:

  • Develop fixed income market and portfolio expertise and deliver analytics that inform pre-trade reviews and limit updates
  • Monitor market risk positions daily to identify material exposures and concentrations and escalate key findings
  • Synthesize macroeconomic research and market themes into reports that inform portfolio strategy and financial projections
  • Present risk changes, top risks, and deep-dive analyses to senior risk management stakeholders
  • Evaluate and coordinate updates to market risk models, including methodology review and impact assessment
  • Partner with quantitative research and model review teams to improve transparency, methodologies, and reporting outputs
  • Drive process and technology improvements that enhance efficiency and scalability across risk workflows
  • Partner with other risk groups to strengthen standards and best practices and represent the team in cross-functional initiatives
  • Respond to urgent ad-hoc requests from senior risk management with accuracy and timeliness

Required qualifications, capabilities, and skills: 

  • Formal training or certification in risk management concepts and 5 years plus of applied experience
  • Experience in risk management and fixed income or securitized products
  • Understanding of fixed income markets with focus on rates and foreign exchange
  • Knowledge of risk monitoring governance and controls, including value at risk, stress testing, return measures, and stress scenario construction
  • Strong technical proficiency in Excel, VBA, and Bloomberg, with ability to learn and apply core business and risk systems
  • Excellent written and verbal communication skills, translating technical concepts for diverse audiences
  • Demonstrated ability to work independently and cross-functionally under pressure with strong attention to detail
  • Ability to constructively challenge portfolio manager views and support risk and capital allocation decisions
  • Self-motivated and accountable, with a proactive approach to issue resolution

Preferred qualifications, capabilities, and skills: 

  • Advanced degree in finance, economics, or a related quantitative field, or an MBA
  • Professional qualification such as Chartered Financial Analyst or equivalent
  • Experience with macroeconomic modeling applied to financial projections and portfolio risk
  • Familiarity with model risk governance and collaboration with quantitative research teams
  • Prior market risk experience within a large financial institution or investment management firm

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 TeamOur 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.

Skills Required

  • Formal training or certification in risk management concepts and 5+ years of applied experience
  • Experience in risk management and fixed income or securitized products
  • Understanding of fixed income markets with focus on rates and foreign exchange
  • Knowledge of risk monitoring governance and controls, including value at risk, stress testing, return measures, and stress scenario construction
  • Strong technical proficiency in Excel, VBA, and Bloomberg, and ability to learn core business and risk systems
  • Excellent written and verbal communication skills, translating technical concepts for diverse audiences
  • Demonstrated ability to work independently and cross-functionally under pressure with strong attention to detail
  • Ability to constructively challenge portfolio manager views and support risk and capital allocation decisions
  • Self-motivated and accountable, with a proactive approach to issue resolution
  • Advanced degree in finance, economics, or related quantitative field, or an MBA
  • Professional qualification such as Chartered Financial Analyst or equivalent
  • Experience with macroeconomic modeling applied to financial projections and portfolio risk
  • Familiarity with model risk governance and collaboration with quantitative research teams
  • Prior market risk experience within a large financial institution or investment management firm

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, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

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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