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

As a Market Risk Associate within our Commercial & Investment Bank (CIB) Market Risk Management team, you will be responsible for identifying, measuring, monitoring, and controlling financial risks associated with market price fluctuations. You will serve as a crucial link for discussing risk issues related to a specific trading portfolio with the trading desks.

Job Responsibilities

Quantify risk of a potential loss of value in assets and liabilities due to changes in market variables, e.g. interest rates, equity and commodity prices. Monitor and control of a business unit’s exposure to market risk through risk limits. Perform stress testing and qualitative risk assessments of a business unit’s trading portfolio. Facilitate efficient risk-return decisions. Dialogue with the trading businesses with respect to risk appetite, risk limits and individual large and complex transactions. Work in a cutting edge Risk Organization, utilizing a wide variety of trading analysis tools to monitor risk exposures and understand the factors that drive the profits and loss affecting the trading portfolio. Follow the global financial markets, focusing on price movements and events affecting the trading portfolio, with the goal of highlighting top risks with the trading business and the Market Risk management team. Develop a deep understanding of the wide-ranging suite of financial products traded by JP Morgan and the key risks associated with them. Demonstrate innovative ways at looking for threats and weaknesses in the risk profile and expected to be pro-active in bringing these to the attention of the trading business and the Market Risk management team. Perform scenario analysis and stress testing, conduct ad-hoc and regular risk analysis as well deep dives into various risk themes and communicate findings

Required Qualifications, Capabilities and Skills 

Bachelor's Degree in a quantitative discipline Team player and future leader with exceptional drive, creativity and interpersonal skills Lateral thinker, tenacious, commitment to getting things done and detail focused Ability to form constructive professional relationships with a wide variety of teams in the firm Strong interest in an intellectually stimulating career within the Finance Industry

Preferred Qualifications, Capabilities and Skills 

2+ years of experience within financial services or investment banking environment  Experience with calculation, quantification and relevance of market risk Familiarity with fixed income products including commercial loans, residential loans, commercial mortgage backed securities, residential mortgage backed securities, asset backed securities, TBAs or credit default swap indexes Risk scenario analysis and full revaluation stress testing for conducting ad-hoc and regular risk analysis on desk positions and portfolios Experience with Python  Experience with trading analysis tools including Intex and Bloomberg Advanced proficiency in Excel including VBA and Pivot tables