Market Risk Management - E-Trading Risk Vice President

Posted 18 Hours Ago
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New York, NY
Hybrid
Senior level
Financial Services
The Role
The role involves defining controls for E-Trading activities, collaborating with various teams to manage market risks in equities, innovating control mechanisms, and providing insights through data analysis. The associate will also participate in building a risk monitoring framework for global equities trading.
Summary Generated by Built In

Job Description
Bring your expertise to JPMorgan Chase. 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 E-Trading Risk Management Coverage Vice President, you will participate in all risk related matters (including monitoring and forecasting). You will join the Global ETRM coverage team and leverage your expertise to monitor and control E-Trading risk; including an ongoing review of existing and new E-Trading Activities, models (including the growth area of machine learning models) and E-Trading controls.
Job responsibilities

  • Define, identify and set controls required for trading Models and E-Trading Activities to mitigate market risk exposure
  • Collaborate with Market Risk Coverage teams, and partner closely with Trading, Business Control Management, Technology, Model Risk Governance & Review (MRGR) and Quantitative Research (QR) on risk appetite review and find effective solutions to business problems
  • Challenged to be innovative in looking for E-Trading top risks and improvements on the intraday E-Trading controls and be proactive in bringing them to the attention of the Trading Business and Market Risk management team
  • Provide insights into market microstructure including liquidity and mark impact analysis for Risk and Business users through the use of advanced data science techniques


Required qualifications, capabilities and skills

  • Strong academic background with a bachelor's or master's degree, ideally in a quantitative and/or financial field
  • Minimum of 5 year experience working in a bank or a financial institution, with knowledge of market risk management and data analytics
  • Strong knowledge of financial products and associate risks, including modelling techniques
  • Understanding of execution algos in the e-trading space
  • Good knowledge of at least one asset class among the following: Equities, Macro or Spread
  • Ability to face senior business stakeholders and challenge effectively
  • Ability to face senior QR (quantitative research) stakeholders
  • Understanding of governance and controls for risk monitoring
  • Excellent communication skills and ability to provide solutions and use sound judgement to assess risks and to lay out your argument in a well-structured, data-informed, written narrative
  • Ability to multi-task, work well under pressure on trading floor
  • Ability to form constructive professional relationships with a wide variety of teams in the firm. Comfortable working in a different time zone


Preferred qualifications, capabilities and skills

  • Familiarity of computer programming languages and coding techniques, such as Python, SQL or R
  • Strong sense of accountability and ownership, work independently and diligent when following up on time sensitive issues and balance multiple projects with tight time constraints


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.

Top Skills

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R
SQL

What the Team is Saying

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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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