Market Risk Middle Office - Analyst

Job Description

Job Description

Join Market Risk Middle Office, a global team within Risk Reporting Middle Office that supports JPMorgan Chases risk management strategy by creating and controlling key data across various risk areas. You will have ample opportunity to learn and develop, as the team supports a wide range of risk types across all businesses the bank offers.

As an Analyst in the Market Risk Middle Office team, you will be responsible for key control processes to identify and resolve data quality issues within the firm’s risk data. You will play a critical role in validating the integrity of risk data used to support investment decisions and regulatory submissions. The team conducts data quality checks for Value-at-Risk (VaR)-based measures, including RegVaR and Stressed VaR, as well as for other risk measures such as default exposure, stress testing, and the firm’s internal capital model.

Job Responsibilities

• Perform daily data quality checks on VaR, stress, and other market risk measures, following established procedures
• Identify drivers of change in market risk measures and engage the appropriate stakeholders to verify their validity
• Remediate data quality issues in line with agreements with Product Control and the Market Risk VaR and Capital teams
• Maintain daily procedures to meet the local regulatory requirements
• Research and respond to Line of Business Finance, Market Risk Management (MRM) and Audit inquiries regarding VaR and other risk measures
• Build effective partnerships with stakeholders such as the Market Risk Coverage, Product Control, Market Risk Technology, Market Risk VaR and Capital, Market Risk Quantitative Research, and Market Risk Reporting teams
• Execute assigned processes efficiently and on time in line with service-level agreements (SLAs)
  
  

Required Qualifications, Capabilities And Skills

• Entry-level experience in reporting, financial analytics, or related roles
• Bachelor’s degree required
• Advanced proficiency in Microsoft Office, especially Excel
• Excellent interpersonal skills for collaborating in teams and communicating across departments
• Demonstrated ability to think critically and work independently
• Ability to prioritize and deliver continuous improvements across all process
• Attention to detail and commitment to data quality and control
• Eagerness to learn new technologies and adapt to change
  
  

Preferred Qualifications, Capabilities And Skills

• Experience with intelligence solutions such as Tableau, Alteryx and Python
• Background in risk is a plus
• Bachelors required preferably in Business, Accounting, Finance, Information Systems, or related quantitative discipline
  
  

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 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.

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

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