As a Senior Associate in the Market Risk Middle Office team, you will play a crucial role in supporting market risk functions, including VaR, FSI Stress, Stress VaR, Regulatory Capital, Default Exposure, and Volcker risk measures.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management
The Market Risk Middle Office (MRMO) is part of the Firmwide Market Risk Reporting, Middle Office, and Project Services within Corporate Risk. MRMO is responsible for Market Risk data control and analysis, covering processes like Value-at-Risk, FSI Stress, Stress VaR, Regulatory Capital, Default Exposure, and Volcker.
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This position in the Market Risk Middle Office team in India is crucial for supporting market risk functions, including VaR, FSI Stress, Stress VaR, Regulatory Capital, Default Exposure, and Volcker risk measures..
Job Responsibilities:
- Serve as a subject matter expert in Market Risk, providing support for all daily processes.
- Assist in developing the team's comprehensive operating framework, including establishing and implementing tracking and escalation processes.
- Foster effective partnerships with Technology, Market Risk Operate, Market Risk VaR & Capital, MRQR, and Market Risk Reporting teams, acting as a consensus builder.
- Ensure all processes are executed efficiently, effectively, and promptly to meet service level agreements (SLAs).
- Cultivate critical relationships within the Market Risk Middle Office team.
- Enhance key controls and continuously monitor and evaluate the environment to address control gaps and deficiencies.
- Dive into the details and understand the workings of all processes within your responsibilities for successful execution.
- Support special projects and initiatives within the risk management function.
- Identify opportunities for process enhancements and automation in middle office functions.
Required qualifications, capabilities and skills
- Minimum 6 + years of relevant work experience in risk management within a financial organization
- Undergraduate or Master's degree in a relevant discipline
- Strong analytical background with sound understanding of financial products across asset classes like Credit, Rates, Equities, and Commodities.
- Excellent verbal and written communication skills, with an ability to deliver effective presentations to senior management
- Demonstrated ability to partner effectively across different businesses and functional areas
- Ability to work efficiently under pressure
- Independent and strong critical thinking skills, with thorough attention to detail
- Resourcefulness, and ability to multitask effectively.
- Working knowledge of Python, Alteryx, Tableau, and LLM
Preferred qualifications, capabilities, and skills
- Proficiency in analytical tools such as Python, Alteryx & Tableau
- 2+ years of Knowledge of market risk reporting and management
- Familiarity with regulatory frameworks and requirements related to market risk.
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.