Market Risk Management - Securitized Products Group - Vice President

Bring your expertise to JPMorganChase.

As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 RM&C is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Market Risk Vice President within the Securitized Products Group, you will lead a trading floor based team covering the Agency Residential mortgage-backed securities (RMBS), Asset-backed securities (ABS) Special Opportunities and Residential Structured Financing businesses.

Our Commercial and Investment Bank (CIB) Market Risk Management team is an independent risk group, reporting to the firm's Chief Risk Officer, which identifies, measures, monitors and controls market risk.

Our team forms the key interface for discussing risk issues with the trading desks but retains independent reporting lines through the Risk management chain.

Job Responsibilities


* Manage coverage responsibility for Agency MBS, ABS Special Opportunities and Residential Structured Financing businesses


* Engage in a dialogue with traders and desk heads around risk appetite, risk limits and individual large and complex transactions


* Produce, analyze and monitor risk utilization and revenue performance; manage P&L


* Provide clear briefings of current events/issues to line management and to wider MR colleagues


* Perform ad-hoc analyses around the business (including notable new transactions) in order to assist management decision making


* Highlight concentrated or concerning risk positions and work with business to ensure appropriate reporting, transparency and management


* Validate and resolve limit excess issues


* Partner with Credit, Finance, Valuation Control Group (VCG), Quantitative Research (QR), MGG and Middle Office as contact for all risk management issues


* Define best practice Value at Risk and Stress Scenarios methodology


* Work on regulatory driven market risk exercises


* Conduct deep dive in areas of Risk

Required Qualifications, Capabilities and Skills


* 5+ years of Market Risk or other risk management experience


* Strong analytical & quantitative skills; competent in financial instruments PnL profile and risk sensitivities


* Knowledge of securitized product, interest rate, credit or other fixed income markets


* Experience with the securitized products markets preferred and in particular RMBS asset class


* Strong in controls, project management and time management


* Strong people management and interpersonal skills


* Exceptional written and verbal communication skills

Preferred Qualifications, Capabilities and Skills


* Knowledge or Python or other relevant coding skills


* Ex...