Market Risk E-Trading Risk and Model – Senior Analyst/ Associate

Key Skills

C++, Data science techniques, Effective communication skills, Finance, Machine learning techniques, Python Programming, R Programming, SQL

Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. 

As a Market Risk E-Trading Risk and Model (ETRM) Senior Analyst/ Associate in the ETRM team, you will be responsible for the global Credit and Equities business, overseeing E-Trading controls implementation and review, usage and reporting of valuation and E-Trading models, and the development of Data Analytics within ETRM. The Credit and Equities team is part of the wider global ETRM team, spread across London, Paris, Mumbai, Bangalore, New York and Hong Kong.

Based on the Trading floor, you will collaborate with Market Risk Coverage teams, partnering on strategic projects. Additionally, you will work closely with Trading, Technology, Model Risk Governance & Review (MRGR) and Quantitative Research (QR).

Job Responsibilities

• The E-Trading effort will cover ongoing review of existing and new E-Trading Activities and Controls and E-Trading Models, including the growth area of Machine Learning models
• The Valuation Model effort will include providing risk transparency by models, setting compensating controls for model limitations and working with Trading, Quantitative Research, and Model Risk Governance and Review to deploy new models in a controlled manner. The candidate will be expected to collaborate closely with Market Risk Coverage, including the delivery of the CCAR Market Risk stresses by model, model waivers and one-off approvals
• The Analytics work will focus on risk and liquidity analytics, with additional project opportunities depending upon the candidate proficiency within coding languages, such as opportunities to work on AI models developed in the front office and their explainability (XAI)

Required Qualifications, Capabilities, and Skills

• Strong experience in Trading, Quantitative Research, Market Risk or a Data Science related position
• Strong academic background with a Bachelor’s or Master’s degree, ideally in a quantitative and/or financial field
• Good understanding of Equities, Macro Business, financial products, including derivatives modelling techniques
• Good understanding of Market Risk approaches, namely stress testing, scenario analysis, VaR, risk sensitivities and limit management
• Good communication skills to form constructive professional relationships with a wide variety of stakeholders
• Ability to multi-task, work under pressure and manage multiple priorities
• Strong sense of accountability and ownership, work independently and diligent when following up on issues

Preferred Qualifications, Capabilities, and Skills

• Knowledge of financial products, quantitative finance and risk management, and data analytics is preferred
• Experiences with intra-day controls aimed to monitor electronic trading
• Proficiency in programming languages and coding techniques, such as Python, R or C++ as well as SQL and Cloud Computing
• Knowledge of Machine Learning approaches

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.