What are the responsibilities and job description for the Risk Management - Market Risk Analyst position at JPMorgan Chase?
As part of Risk Management, 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 is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As an Analyst in the Americas CEM Market Risk team, you will partner closely with the trading desk to analyze portfolio risk, factors that impact these risks and drive profit and loss, and advise on risk and return decisions. You’ll use a broad set of analytics to monitor exposures across a wide product set including linear rate and foreign exchange products, derivatives, and non‑linear/structured products, with a focus on FX options (prior options knowledge/experience is a plus). Working with stakeholders locally and globally, you’ll help ensure our market risk profile is clearly understood by senior management and regulators. Macro & Emerging Markets is a highly dynamic space that rewards intellectual curiosity. We are a highly collaborative team focused on pushing the bounds of our coverage across new frontiers in both markets and technology, looking for a highly motivated individual to join us in that mission.
Job Responsibilities
- Develop an understanding of various products traded, their markets, and their key risks
- Build/employ an enhanced risk monitoring framework to effectively monitor and manage the current and expanding trading business footprint
- Understand the factors that lead the risk and Profit & Loss on the books, follow market movement/activities/trends affecting positions, highlight and discuss risk changes and top risks
- Provide innovative ways to look for threats and weaknesses in the risk profile. Pro-actively bring these to the attention of the trading business and management
- Perform regular risk and scenario analysis into various topical risk themes and communicate findings
- Review and approve large/complex transactions, challenging the trading business to ensure appropriate constraints/controls in place
Required qualifications, capabilities, and skills
- Minimum of a Bachelor’s Degree
- Analytical and logical thinker with ability to understand quantitative concepts relating to risk sensitivities (the Greeks), Profit & Loss explanation, Value at Risk (VaR) and stress scenario results
- Strong team player with excellent interpersonal and communication skills
- Ability to collaborate with a wide variety of teams ranging from traders to control groups
- Ability to innovate, think out of the box, and make clear recommendations
- Strong interest in an intellectually stimulating career within the Finance Industry
Preferred qualifications, capabilities, and skills
- Experience in Python or similar coding is highly advantageous
- Experience or interest in macroeconomics and or emerging markets is a plus
- Advanced finance participation or markets certifications (ex: CFA) is a plus