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JP Morgan Chase & Co.

Market Risk Middle Office - Associate

4-6 Years
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  • Posted 13 hours ago
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Job Description

Join Market Risk Middle Office, a global team within Risk Reporting Middle Office that supports JPMorgan Chase's risk management strategy by creating and controlling key data across various risk areas. You will have ample opportunity to learn and develop, as the team supports a wide range of risk types across all businesses the bank offers.

As an Associate in the Market Risk Middle Office team, you will be responsible for key control processes to identify and resolve data quality issues within the firm's risk data. You will play a critical role in validating the integrity of risk data used to support investment decisions and regulatory submissions. The team conducts data quality checks for Value-at-Risk (VaR)-based measures, including RegVaR and Stressed VaR, as well as for other risk measures such as default exposure, stress testing, and the firm's internal capital model.

Job Responsibilities
.Perform daily data quality checks on VaR, stress, and other market risk measures, following established procedures
.Identify drivers of change in market risk measures and engage the appropriate stakeholders to verify their validity
.Remediate data quality issues in line with agreements with Product Control and the Market Risk VaR and Capital teams
.Maintain daily procedures to meet the local regulatory requirements
.Research and respond to Line of Business Finance, Market Risk Management (MRM) and Audit inquiries regarding VaR and other risk measures
.Build effective partnerships with stakeholders such as the Market Risk Coverage, Product Control, Market Risk Technology, Market Risk VaR and Capital, Market Risk Quantitative Research, and Market Risk Reporting teams
.Execute assigned processes efficiently and on time in line with service-level agreements (SLAs)

Required qualifications, capabilities, and skills
.Minimum 4 years of relevant work experience in risk management at a financial organization
.Bachelor's degree in a relevant discipline
.Working knowledge of Python, Alteryx, Tableau, and large language models (LLMs)
.Sound understanding of financial products across asset classes like credit, rates, equities, and commodities.
.Excellent verbal and written communication skills
.Demonstrated ability to partner effectively across different businesses and functional areas
.Ability to work independently and collaboratively in a fast-paced environment.

Preferred qualifications, capabilities, and skills
.Background in risk is a plus

More Info

About Company

JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase

Job ID: 148529261

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