Market Risk Middle Office - Analyst

Joining the Market Risk Middle Office means joining a global team, a team that takes pride in its role as part of the second line of defence for JPMorgan Chase. Analysts in the Market Risk Middle Office have ample opportunity to learn and develop, as the team supports a wide range of risks across all the Businesses the bank has to offer.

As an Analyst with the Market Risk Middle Office, you will be responsible for performing control checks to identify data quality issues within the firms Risk data. This is a key function as the risk data is then used to support investment decisions and, more importantly, submitted to the regulators. The team supports data quality checks for VaR based measures including RegVaR and Stressed Var, as well as for other risk measures such as Default Exposure and Stress-Testing, as well as for the firms internal Capital Model.

The role requires someone with a meticulous eye for detail, with strong organizational skills, an analytical mindset, and the willingness to apply it to large sets of data.

We are looking to fill an Analyst position within Market Risk Middle Office; the role offers an excellent opportunity for the right candidate to work in a developing area with significant potential for personal and career development.

• • Perform daily data quality checks on VaR (Value at Risk), Stress and other market risk measures following procedures.
• • Identify drivers of changes in market risk measures and engage appropriate stakeholders to verify its validity.
• • Remediate data quality issues in line with agreements with Product Controllers and/or Market Risk VaR and Capital.
• • Maintain daily procedures to meet the local regulatory requirements.
• • Research and respond to Line of Business Finance, MRM and Audit inquiries with respect to VaR, and other risk measures.
• • Build effective partnerships with stakeholders such as the Market Risk Coverage, Product Control, Market Risk Technology, Market Risk VaR and Capital, Market Risk Quantitative Research and Market Risk Reporting teams.
• • Execute processes assigned effectively, efficiently, and timely in line with service level agreements (SLAs).

• Relevant experience in reporting, financial analytics, or similar roles.

• Strong analytical skills.

• Keen attention to details and self-review work.

• Ability to multitask, think independently and make continuous progress towards meeting business objectives.

• Basic knowledge of market risk and financial products.