Market Risk Associate - London, United Kingdom - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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.

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.

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 responsibilities

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 looking for threats and weaknesses in the risk profile and 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
You will develop good working relationships with Front Office 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

Required 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 balance multiple priorities and manage tight deadlines
Inquisitive nature with an eagerness to investigate and fully understand financial products, processes and issues
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.

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.

In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.