Market Risk Middle Office - Analyst

JOB DESCRIPTION

Join Market Risk Middle Office, a global team within Risk Reporting Middle Office that supports JPMorgan Chase's 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 the businesses the bank offers.

As an Analyst in the Market Risk Middle Office team, you will be responsible for performing control checks to identify data quality issues within the firm's risk data. 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

Relevant experience in reporting, financial analytics, or similar roles

Basic knowledge of market risk and financial products

Strong analytical and organizational skills, and keen attention to detail

Ability to multitask, work independently, and make continuous progress towards meeting business objectives

Proficient in Microsoft Office Suite (Word, Excel, PowerPoint), particularly Excel

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.

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.