Market Risk (Multiple Positions Available)

Job description

DESCRIPTION:
Duties: Develop and support analytics for the regulatory capital framework to ensure the firm can manage potential losses from adverse market conditions and maintain financial stability, including the Fundamental Review of the Trading Book (FRTB) and broader Basel framework requirements.

Design and code analytics tools for capital components to support implementation projects and aid the analysis and production of capital results for regulatory submissions and strategic decision-making.

Execute market risk capital scenarios on traded financial products and derivatives across various desks, including rates, FX, commodities, equities, credit trading, and securitized products, as well as legal entities.

Design, build, and maintain market risk analytics modules.

Analyze and explain market risk capital movements over time, leveraging existing analytics and developing new tools.

Lead implementation discussions for the firm's strategic FRTB build in partnership with quantitative research and technology teams.

Test, validate, and enhance the firm's evolving capital framework to ensure continued regulatory compliance and improved transparency.

Leverage internally developed workflows and perform regulatory capital adjustments to support capital generation.

Own strategic and tactical capital estimation processes for FRTB strategy discussions and regulatory capital submissions.

Communicate and validate the appropriateness of capital models and capital generation processes.

Conduct regulatory exercises such as quantitative impact studies and hypothetical portfolio exercises, and submit to regulators.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Enterprise Risk Management, Finance, Economics, or related field of study plus 3 years of experience in the job offered or as Market Risk Associate, Deal Solution Designer, Risk Analyst, Business Analyst, or related occupation.

The employer will alternatively accept a Bachelor's degree in Enterprise Risk Management, Finance, Economics, or related field of study plus 5 years of experience in the job offered or as Market Risk Associate, Deal Solution Designer, Risk Analyst, Business Analyst, or related occupation.

Skills Required: This position requires experience with the following: Analyzing and interpreting the impacts of changes in quantitative risk metrics, including Greeks, on portfolio P&Ls or capital; Conducting scenario analysis and calculating Value at Risk and Expected Shortfall; Solving capital and risk analytics problems using advanced quantitative techniques, including Monte Carlo simulations, Historical Value at Risk calculations, and sensitivity-based approximations and interpolations; Processing data sets using advanced techniques in Excel, including XLOOKUP, INDEX MATCH, Pivots, and Solver; Developing tools that facilitate data analysis and automating processes to enhance decision-making using Pandas or NumPy libraries in Python; Managing the project lifecycle, including translating stakeholder requirements into deliverables and developing methodologies and analytics to execute project plans; Partnering with project managers to manage backlog items, facilitate sprint meetings and reviews, and manage project alignment with strategic objectives and adherence to timelines using Jira or Azure DevOps; Communicating quantitative information to both analytic and non- analytic stakeholders, including senior management.

Job Location: 237 Park Ave, New York, NY 10017

Full-Time.

Salary: $145,000 - $150,000 per year.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location.

Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.

We also offer a range of benefits and programs to meet employee needs, based on eligibility.

These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.

Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

**Base Pay/Salary**
New York,NY $145,000.00 - $150,000.00 / year

Required Skill Profession

Other General