JPMorgan Chase India | Market Risk Associate – CIO

Responsibilities

• As a Market Risk Associate in the Chief Investment Office and Corporate Treasury business team, you will support Portfolio Managers to facilitate efficient risk/return decisions, reduce volatility in operating performance, and ensure the business market risk profile is transparent to senior management, the Board of Directors, and regulators.
• You will help ensure the business market risk profile is transparent to senior management, the Board of Directors, and regulators.
• Develop expertise in fixed income markets and Chief Investment Office, Treasury and Corporate Risk corresponding portfolios.
• Monitor market risk positions daily with the aim to identify material risk exposures and concentrations.
• Analyze macroeconomic variables and understand the impact to financial projections.
• Evaluate and implement updates to financial models used in market risk management, including challenging proposed methodology, performing impact assessments, and coordinating model implementation timelines.
• Drive efficiencies and process improvements and support technology initiatives.
• Improve risk transparency, methodologies, and reports by collaborating with quantitative teams on model results and implementation, such as Quantitative Research and the Model Review Group.
• Contribute to Chief Investment Office, Treasury and Corporate Risk standards and best practices by collaborating with other risk groups.
• Respond to urgent ad-hoc requests from senior risk management.
• Highlight and discuss risk changes and top risks; present deep dives to Chief Investment Office, Treasury and Corporate Risk colleagues and senior risk management

Requirements

• Understanding of fixed income markets with a particular focus on securitization products (CLOs, CMBS, ABS, RMBS).
• Understanding of the governance and controls surrounding risk monitoring including value at risk (VaR), stress testing, various return measures, and experience with stress construction.
• Excellent written and spoken communication skills with ability to explain technical concepts in practical terms; must be able to converse with a wide variety of groups.
• Demonstrated ability to work effectively and independently across different businesses and functional areas with thorough attention to detail in a high-pressure environment.
• Ability to challenge the portfolio manager's market positions and views and help assess the best allocation of risk and capital to various positions and businesses.
• Self-motivated, diligent, strong sense of accountability and good at following up on issues.
• Strong technical skills in Excel, VBA, and Bloomberg; ability to learn how to use core business and risk systems.
• Excellent academic record and an undergraduate degree are required.
• Advanced degree in finance or a related quantitative field.
• MBA from a top tier school

JPMorgan Chase

JPMorgan Chase & Co. is one of the world's largest financial services firms, active in investment banking, commercial banking, asset and wealth management, and payments.

Its Indian global centres support the firm worldwide in finance, accounting, tax, controllership, risk, operations and technology. Typical roles for CAs and CPAs are product control, financial reporting, tax and regulatory reporting.

• Industry: Banking and financial services
• Headquarters: New York, USA
• In India: Corporate and investment banking in Mumbai; global corporate centres in Mumbai, Bengaluru and Hyderabad