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Market Risk Middle Office - Associate

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 7 days ago

No clicks

**Middle Office Market Risk Associate | Bengaluru, India** Associates in Market Risk Middle Office validate risk data integrity for investment decisions and regulatory submissions. Key responsibilities include daily data quality checks on VaR (Value-at-Risk), stress, and other market risk measures. Drive change identification, stakeholder engagement, and remediation while adhering to regulators' daily procedures. Partner effectively with cross-functional teams like Product Control and Market Risk in executing processes promptly. Mid-level professionals with 4+ years in risk management at financial organizations are preferred. A bachelor's degree, proficiency in Python, Alteryx, Tableau, LLMs, and understanding of financial products across asset classes are required. Demonstrated collaboration skills and proven ability to perform independently in fast-paced environments are crucial.

Compensation
Not specified

Currency: Not specified

City
Bengaluru
Country
India

Full Job Description

Location: Bengaluru, Karnataka, India

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 businesses the bank offers.

As an Associate in the Market Risk Middle Office team, you will be responsible for key control processes to identify and resolve data quality issues within the firms 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 firms 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
    Minimum 4 years of relevant work experience in risk management at a financial organization
    Bachelors degree in a relevant discipline
    Working knowledge of Python, Alteryx, Tableau, and large language models (LLMs)
    Sound understanding of financial products across asset classes like credit, rates, equities, and commodities.
    Excellent verbal and written communication skills
    Demonstrated ability to partner effectively across different businesses and functional areas
    Ability to work independently and collaboratively in a fast-paced environment.

Preferred qualifications, capabilities, and skills
    Background in risk is a plus
 

Become part of a team that plays a key part in driving the accuracy of risk reporting for a global leader in financial services.

Market Risk Middle Office - Associate

Compensation

Not specified

City: Bengaluru

Country: India

J.P. Morgan logo
Bulge Bracket Investment Banks

7 days ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

**Middle Office Market Risk Associate | Bengaluru, India** Associates in Market Risk Middle Office validate risk data integrity for investment decisions and regulatory submissions. Key responsibilities include daily data quality checks on VaR (Value-at-Risk), stress, and other market risk measures. Drive change identification, stakeholder engagement, and remediation while adhering to regulators' daily procedures. Partner effectively with cross-functional teams like Product Control and Market Risk in executing processes promptly. Mid-level professionals with 4+ years in risk management at financial organizations are preferred. A bachelor's degree, proficiency in Python, Alteryx, Tableau, LLMs, and understanding of financial products across asset classes are required. Demonstrated collaboration skills and proven ability to perform independently in fast-paced environments are crucial.

Full Job Description

Location: Bengaluru, Karnataka, India

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 businesses the bank offers.

As an Associate in the Market Risk Middle Office team, you will be responsible for key control processes to identify and resolve data quality issues within the firms 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 firms 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
    Minimum 4 years of relevant work experience in risk management at a financial organization
    Bachelors degree in a relevant discipline
    Working knowledge of Python, Alteryx, Tableau, and large language models (LLMs)
    Sound understanding of financial products across asset classes like credit, rates, equities, and commodities.
    Excellent verbal and written communication skills
    Demonstrated ability to partner effectively across different businesses and functional areas
    Ability to work independently and collaboratively in a fast-paced environment.

Preferred qualifications, capabilities, and skills
    Background in risk is a plus
 

Become part of a team that plays a key part in driving the accuracy of risk reporting for a global leader in financial services.