Market Risk

DESCRIPTION:

Duties: Quantify the risk of potential loss of value in assets and liabilities due to changes in market variables.

Monitor stress testing and qualitative risk assessment of a business unit's trading portfolio.

Facilitate efficient risk-return decisions.

Conduct regular dialogue with the trading businesses with respect to risk appetite, risk limits and large and complex individual transactions.

Identify threats and weaknesses in the risk profile of the trading business.

Perform scenario analysis testing, conduct ad-hoc and regular risk analysis as well as deep dives into various risk themes and communicate findings.

QUALIFICATIONS:

Minimum education and experience required: Bachelor's degree in Finance, Statistics, Mathematics, or related field of study plus 3 (Three) years of experience in the job offered or as Market Risk, Financial Risk Analyst, Risk Operations Associate, or related occupation.

Skills Required: Requires experience in the following: Interest Rate risks such as DV01 and their impact on the duration; Credit market risks including Corporate bonds, loans, and CDX, including presenting risk analysis; Securitized Product risks including RMBS and ABS, including analyzing contributing factors, correlating market moves, and presenting risk analysis; CCAR coverage; Presenting RMBS and ABS market risk updates to senior risk managers; Assessing factors impacting a firm's VaR exposure; Assessing and signing off on Stress testing scenario assessments, including defending assessments to senior stakeholders; Writing Python code to automate risk reporting needs; Creating and automating reports with Tableau; Excel, including VBA, pivot tables, vlookup, index, match, trim, conditional formatting, iferror, and removing duplicates.

Job Location: 383 Madison Avenue, New York, NY 10179.

Full-Time.

Salary: $150,000 - $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 ...