CIB – Market Risk Coverage – Equities – VP

CIB Market Risk Management is an independent risk group, reporting to the firm’s Chief Risk Officer (CRO), which identifies, measures, monitors and controls market risk. The group forms the key interface for discussing risk issues with the trading desks but retains independent reporting lines through the Risk management chain.
 
CIB Market Risk performs the following primary functions:

Independent ongoing identification, monitoring and control of business unit market risk

Performance of stress testing and qualitative risk assessments

Analysis of aggregated risks and tail risk exposure

Facilitation of efficient risk-return decisions

Regular dialogue with the trading businesses with respect to risk appetite, risk limits and individual large and complex transactions. 
Job Description
 
CIB Risk is seeking an Analyst or Associate level professional to join the EMEA Equities Market Risk team. The role sits in the Cash, ETrading and Legal Entity Coverage team.
 
Responsibilities include for the business covered, but are not limited to:

Daily risk monitoring for the businesses covered

Pre-trade review of new business falling within the PTG guidelines

Leading discussions with Trading and Management during regional and desk-level risk meetings. Participating in global risk calls.

Setting and monitoring of desk-level market risk limits

Leading deep dives into thematic risk situations

Working closely with other risk functions, in particular Market Risk in other businesses, Quantitative Research, Credit Risk, Model Risk, Country Risk, Market Risk capital team and Legal Entity risk.

Working closely with various control groups, including Product Control, Risk Reporting  and Valuation Group

Participating in regulatory exams and inquiries

Participating in review of New Business InitiativesResponsibilities include for the business covered, but are not limited to:

Experience in Market Risk or other Risk Management experience preferred

Ability to work effectively with related functions, including trading, structuring, management, valuation & control, product control and quantitative research.

Solid project management skills are essential, emphasizing the ability to gain consensus across varying levels of seniority and ability to drive initiatives to completion effectively.

Strong interest in markets. A solid understanding of derivative products, associated risks and hedging strategies.

Strong technical and communication skills are required.

Bachelor’s degree required.  Advanced degree preferred.JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.