What are the responsibilities and job description for the Risk Management - Market Risk Coverage Lead - Director position at 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 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 Coverage Lead – Director in Equities Market Risk Coverage, you will help identify, measure, and manage market risk across the Equities business. You will partner with Trading to set and monitor risk limits, assess the risk-reward of complex transactions, and escalate concentrated exposures. You will deliver scenario analysis and stress testing, and help strengthen risk tooling and reporting to improve transparency and decision-making. You will stay close to global markets and communicate clear, actionable risk insights to stakeholders.
Job responsibilities
- Identify material risk exposures and concentrations across the Equities business
- Set and monitor risk limits to support responsible risk-taking
- Assess the risk-reward profile of complex transactions and position changes
- Challenge Trading constructively and recommend commercially sound risk decisions
- Highlight concentrated or concerning positions and escalate as appropriate
- Partner with Trading management and the risk community to improve reporting, transparency, and governance
- Perform scenario analysis and execute stress testing to understand tail risks
- Monitor global financial markets and interpret events affecting Equities risk
- Conduct deep-dive analyses on emerging or thematic risk topics
- Communicate findings clearly through concise written and verbal updates
- Support initiatives to enhance risk management tools and reporting with technologists and risk partners
Required qualifications, capabilities, and skills
Minimum 5 years of industry experience with thorough knowledge of market risk management practices
- Experience in one or more of the following: trading, sales, structuring, market risk, valuation control, model governance, product control, or risk reporting
- Ability to provide effective challenge to Equities trading management while maintaining open, constructive communication
- Strong analytical and quantitative skills applied to real market risk problems
- Proficiency in Python for analysis and automation
- Advanced skills in Excel for data analysis and reporting
- Ability to build and interpret dashboards and reporting in Tableau
- Understanding of financial instruments, profit and loss behavior, and risk sensitivities
- Clear written and verbal communication with varied stakeholders
- Ability to multi-task and deliver under pressure in a fast-paced environment
Preferred qualifications, capabilities, and skills
Experience delivering scenario design and stress testing frameworks for Equities portfolios
- Experience improving risk transparency through enhanced reporting, controls, or governance routines
- Track record partnering with technologists to deliver risk tooling or workflow enhancements
- Experience leading ad-hoc analyses and presenting recommendations to senior stakeholders
- Demonstrated ability to balance independent judgment with commercial context in decision-making
- Strong stakeholder management skills across Trading and risk partners