Risk Management-Market Risk VaR & Capital Group - Analyst

Firmwide Market Risk - Market Risk VaR & Capital Group Analyst

JP Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries.

The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.

Information about J.P.

Morgan is available at www.jpmorganchase.com.

Market Risk is an independent risk group within Risk Management, reporting to the Firm's CRO, which identifies, measures, monitors and controls market risk.

Market risk management seeks to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the firm's market risk profile is transparent to senior management, the Board of Directors and regulators.

Firmwide Market Risk works closely with the Market Risk teams aligned to each Line of Business and other partner teams including Risk Reporting, Risk Policy, Regulatory Risk, Market Risk Middle Office, Business Middle Offices, Capital & Liquidity Management, Control & Oversight and Model Review to set Market Risk policy and a consistent framework for Market Risk across the firm, and to share best practices across LOB Market Risk teams.

The Market Risk VaR & Capital Group is part of the Firmwide Market Risk organization and is responsible for developing and delivering the operating model and framework for Basel Market Risk Rule implementation in partnership with key stakeholder groups.

The Firmwide Market Risk VaR & Capital team is seeking an Analyst level professional to support the implementation, calculation, analysis, and reporting of Market Risk RWA.

The Analyst will ensure that the existing Basel III and the future regulatory framework, i.e.

Fundamental Review of the Trading Book (FRTB), are properly implemented and maintained at the Firm and Legal Entity levels.

The individual is expected to understand the methodologies and inputs used for Value at Risk (VaR), Stress VaR, Incremental Risk Charge (IRC), Comprehensive Risk Measure (CRM), and Standardized Specific Risk.

The team works closely with Capital Management on rule interpretation and interfaces with Market Risk Management, Market Risk Middle Office (MRMO), LOB business partners, Quantitative Research and other groups to manage the controls and explain the RWA measures.

Responsibilities for this role include, but are not limited to:


* Verify, analyze and explain the inputs and output of RWA calculations across multiple measures


* Provide RWA for quarterly Regulatory Reporting, CCAR and Resolution & Recovery etc


* Perform scenario and impact quantification analysis on methodology and rule changes


* Implement and oversee end-to-end controls of the capital measures by partnering with key stakeholders


* Identify operational risks and work towards streamlining and improving process efficiency, explain capabilities, and controls
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