
at J.P. Morgan
Bulge Bracket Investment BanksPosted 7 days ago
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**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
- City
- Bengaluru
- Country
- India
Currency: Not specified
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




