Market Risk Management - Analyst (Securitized Products Group)

Posted 2 Days Ago
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New York, NY
Hybrid
1-3 Years Experience
Financial Services
The Role
As a Market Risk Analyst, you will support the coverage of securitized products, engage with traders on risk appetite and limit discussions, analyze risk utilization and revenue performance, and assist management with ad-hoc analyses. You will also ensure the validity of limit excess issues and collaborate with various groups on risk management.
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Job Description
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 Analyst on the Market Risk Securitized Products Group team, you will be part of 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 Market Risk Management Team identifies, measures, monitors and controls market risk and serves as the key interface for discussing risk issues with the trading desks but retains independent reporting lines through the Risk management chain.
Job Responsibilities

  • Support coverage for Agency Mortgage Backed Securities, 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
  • 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
  • Work with Credit, Finance, Valuations Control Group, Quantitative Research, Model Governance Group and Middle Office as contact for all risk management issues
  • Work on regulatory driven market risk exercises


Required Qualifications, Capabilities and Skills

  • Bachelor's degree in a quantitative discipline
  • Strong analytical & quantitative skills
  • Strong communication and interpersonal skills
  • Strong in controls, project management and time management


Preferred Qualifications, Capabilities and Skills

  • Experience with regulatory interaction and familiarity with regulatory rules pertaining to risk
  • Familiarity with 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
  • Knowledge or Python or other relevant coding skills


About Us
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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 Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.

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The Company
New York, NY
250,000 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

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Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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