Cib - Market Risk Coverage - Global Credit Trading - London, United Kingdom - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

London, United Kingdom

7 hours ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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.

Corporate & Investment Bank (CIB) Market Risk Management is an independent risk group, reporting to the firm's Chief Risk Officer (CRO), which identifies, measures, monitors and controls market risk.

The group forms the key interface for discussing risk issues with the trading desks but retains independent reporting lines through the Risk management chain.

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.

Market Risk has teams aligned to each line of business and region, and works closely with risk colleagues in other regions, the front office, finance, quantitative research, middle office and risk reporting to ensure a complete understanding of the firm's market risk.

CIB Market Risk performs the following primary functions

Quantification of the risk of a potential loss of value in assets and liabilities due to changes in market variables, e.g. credit spreads, interest rates, equity and commodity prices.
Ongoing monitoring and control of a business unit's exposure to market risk through risk limits.
Performance of stress testing and qualitative risk assessments of a business unit's trading portfolio.
Facilitation of efficient riskreturn decisions.
Regular dialogue with the trading businesses with respect to risk appetite, risk limits and individual large and complex transactions.

Job description

You will be working in a cutting edge Risk Organization, utilizing a wide variety of trading analysis tools to monitor risk exposures and understand the factors that drive the profits and loss affecting the trading portfolio.
You will be following the global financial markets, focusing on price movements and events affecting the trading portfolio, with the goal of highlighting top risks with the trading business and the Market Risk management team.
You will develop a deep understanding of the wideranging suite of financial products traded by JP Morgan and the key risks associated with them. More specifically you will be expected to develop an understanding of the Credit asset class including bonds, loans, CDS, Credit Index swaps/options, Credit ETFs and securitized products.
You will be challenged to be innovative in looking for threats and weaknesses in the risk profile and expected to be proactive in bringing these to the attention of the trading business and the Market Risk management team.
You will perform scenario analysis and stress testing, Conduct adhoc and regular risk analysis as well deep dives into various risk themes, and communicate findings.
Developing good working relationships with FO while retaining independent challenge and acting as a point person for the communication of risk appetite and limit utilizations to the trading desks will be key.
You will liaise with other groups involved with risk taking and measurement including Sales & Marketing, Finance, and the Trading Desk heads.
You will have the opportunity to participate in a wide range of ongoing and new projects with Risk Management, Finance, Technology, Valuation, Quantitative Research, Model Review Group & Basel Groups.

Minimum Skills, Experience and Qualifications

Strong academic background with a minimum Bachelor's Degree. JPMorgan recruits from all academic disciplines.
Experience working in a relevant financial discipline, Market Risk or Credit Risk experience an advantage.
Deep sense of accountability and able to work independently with limited supervision.
Lateral thinker, tenacious, commitment to getting things done and detail focused.
Ability to multitask and balance multiple priorities, work under pressure and manage tight deadlines.
Inquisitive nature with an eagerness to investigate and fully understand financial products, processes and issues.
Team player and future leader with exceptional drive, creativity and interpersonal skills.
Ability to form constructive professional relationships with a wide variety of teams in the firm.
Strong interest in an intellectually stimulating career within the Finance Industry.
Fluency in English is a prerequisite along with excellent written and spoken communication skills.

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.